49296 results returned for search: "" category ("Other" AND "Business")
Bank of Butterfield rose $1.25 to close at $26.75, while Bank of Bermuda remained unchanged. Bermuda Aviation Services rose 25 cents to close at $7.00, its 52 week high, and Belco gained 95 cents to finish at $22.50. KeyTech lost $1.00, closing at $3...
DATE: Feb 16, 2001
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international accountancy firm KPMG recommendations, Business reporter Sue Stuart examines the sections dealing with regulation, international co-operation and money laundering. The full response to KPMG's Review of Financial Regulation was published...
DATE: Feb 16, 2001
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Shares of Bermuda-based communications network builder Global Crossing Ltd.
jumped by 17 percent at one point yesterday after the company posted strong fourth-quarter results.
But shares of Global Crossing, which is building a high-speed fibre-optic ...
DATE: Feb 16, 2001
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Creative Interiors is shutting up shop and closing its doors after 36 years of serving the Island.
The Front Street furniture store was started in 1965 by two young brothers, Joe and Harold Pimental.
And when they went into business making furniture,...
DATE: Feb 16, 2001
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In a domineering and patronising tone, the United Kingdom Treasury has `noted' the responses of the Overseas Territories, including Bermuda, to KPMG's Review of Financial Regulation.
Melanie Johnson, Economic Secretary to the UK Treasury, said, "I ha...
DATE: Feb 16, 2001
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net loss of $8.7 million for the year 2000, with some of the losses in the last quarter due to moving to Bermuda.
But this loss is considerably better than the year before, when the net loss of the company stood at $32.7.
On November 8, 2000, Arch co...
DATE: Feb 15, 2001
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Bermuda insurance giant ACE has seen its profits recover for the year 2000, rising nearly 50 percent from the year before, reflecting the improvement in the market over the past year.
The company, which is nearly finished building its new headquarter...
DATE: Feb 15, 2001
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By Stephen Breen Canadian Pacific Limited, owners of the Fairmont Hamilton and Southampton Princess Hotels, is being broken up into five separate companies, it was announced this week.
But Hamilton Princess vice-president and general manager Michael...
DATE: Feb 15, 2001
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Bermuda-based reinsurance company IPC Holdings has seen its profits soar by $41 million -- or nearly thirteen-fold to $44.2 million for 2000, according to figures released yesterday.
IPC Holdings, the owner of IPC Re Ltd, provides property catastroph...
DATE: Feb 15, 2001
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Government to KPMG's Review of Financial Regulations, Royal Gazette Business reporter Sue Stuart files the third of a series of articles. Today she examines the fiduciary sector -- companies, trusts and partnerships. Tomorrow she looks at regulation,...
DATE: Feb 15, 2001
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