49296 results returned for search: "" category ("Other" AND "Business")
Just as many people thought they could throw off their winter woollies for another year the temperature has dropped to an icy low for Bermuda.
Thanks to a gust of polar air early yesterday morning at around 1 a.m. the temperature plunged to 47 degree...
DATE: Mar 10, 1999
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cause of a power black-out which left around 1,500 homes without electricity.
Belco executive vice president Vincent Ingham said last night the distribution problem at the Flatts substation occurred at about 7.15 p.m. when the sub-station switches tr...
DATE: Mar 10, 1999
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long oil slick off Bermuda last week, a Police spokesman said yesterday.
The Atlantic Forest left local waters on Tuesday after she began leaking what was believed to be fuel oil near the East End.
However, marine officials said the spill did not pre...
DATE: Mar 10, 1999
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Ltd. said yesterday its Tyco Submarine Systems Ltd. unit and Siemens AG's Norddeutsche Seekabelwerke unit signed a contract with CEN-TA Telecom and the New World Network to supply and install a fibre-optic cable system valued at $300 million.
The 5,0...
DATE: Mar 10, 1999
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The Bank of Bermuda is considering whether to shift management of its equity funds over to J.P. Morgan Investment Management.
Earlier this year the bank appointed the firm to manage its four bond funds, in the process making three investment staff re...
DATE: Mar 10, 1999
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AUTHOR:
Ahmed Elamin
Bermuda-based Project Oxygen Ltd. yesterday signed a $450 million contract with Korea's Hyundai Mipo Dockyard Co. Ltd. to build 13 ships the company is going to use in building and maintaining a global telecommunications network.
Project Oxygen Ltd. ...
DATE: Mar 10, 1999
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A year after purchasing a majority stake in local start up Quantum Communications Ltd., electric utility Belco Holdings Ltd. is considering whether to sell its share of the telephone company.
Belco president and chief executive officer Garry Madeiros...
DATE: Mar 10, 1999
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AUTHOR:
Ahmed Elamin
investment manager E.T. (Bob) Richards is going independent again.
Mr. Richards yesterday said Bermuda Asset Management Ltd. (BAM) has terminated its affiliation with Invesco. The decision was reached by "mutual agreement'', he said.
"It was time for...
DATE: Mar 10, 1999
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AUTHOR:
Ahmed Elamin
effects on insurers and reinsurers takes place today.
Chicago-based law firm Lovell, White, Durrant is hosting the one-day Year 2000 (Y2K) workshop at the Hamilton Princess. About 100 people are expected to attend.
Bermuda-based panelists will includ...
DATE: Mar 10, 1999
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XL Capital Products provides financial guaranty insurance and reinsurance for asset-backed, future flow and municipal obligations. The policies usually cover non-payment of principal and interst when due.
Mr. Stevens will be based in Bermuda and will...
DATE: Mar 09, 1999
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