49296 results returned for search: "" category ("Other" AND "Business")
Gold Medal Insurance, a Bermuda captive, is to be sued in November for $230 million -- by its own parent company, General Mills.
"In effect, we are suing ourselves,'' said Ivy Bernhardson, associate general counsel of General Mills, the Golden Valley...
DATE: Oct 13, 1999
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The Seven Seas Navigator , registered in Monaco, will arrive in the morning from Funchal in the Azores and leave the same evening for Port Everglades, Florida.
As far as Bermuda's regular visitors go, the cruise ship Zenith arrived from New York on M...
DATE: Oct 13, 1999
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What constitutes a permanent establishment (PE) from an e-commerce perspective? Delegates to the Bermuda Chamber of Commerce's e-commerce conference, which gets under way this morning, will be discussing the matter closely, because where a company i...
DATE: Oct 12, 1999
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has agreed to buy Racal Telecom, a part of Britain's Racal Electronics PLC, for 1 billion, the companies said yesterday.
The acquisition is another big step for fast-growing Global Crossing, which owns and operates an advanced fibre-optic network in...
DATE: Oct 12, 1999
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payments system.
BFN vice president Alvin Wilson yesterday announced the company has been chosen to take up most of the Island's American Express work.
"We anticipate taking over the new functions within the next few weeks,'' Mr.
Wilson said.
"Amex t...
DATE: Oct 12, 1999
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AUTHOR:
Jonathan Bell
Man (IoM), which is carving out a niche for itself in areas Bermuda has not, as yet, entered.
The IoM has instituted a "fast-track'' approval process, under which six banks have been granted licences to conduct their business from the British Crown P...
DATE: Oct 12, 1999
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board, as ACE exercised its rights after $75m investment in Cap Re. Roger Crombie reports.
The battle for ownership of Capital Re Corporation took a twist and then an unexpected turn yesterday, as neither Bermuda suitor -- original bidder ACE and lat...
DATE: Oct 12, 1999
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The index closed down 2.42 points to close at 1,530.33 on a volume of 10,003 shares worth $294,643.55 and 101,925 bonds worth $96,319.13.
DATE: Oct 12, 1999
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How many people live in the Cayman Islands? And how many in Bermuda, for that matter? The latest official figures -- 39,000 in Cayman and 62,000 in Bermuda -- strike anyone who knows either place as much too low. In both islands, a better answer wil...
DATE: Oct 12, 1999
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Telecommunications Ltd said it expected to reach quarterly, net profit by early 2001, when it hoped to have wooed around one million subscribers onto its network.
"We're expecting net profitability by the fourth quarter of 2000 or the first quarter o...
DATE: Oct 12, 1999
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