49296 results returned for search: "" category ("Other" AND "Business")
to expand by buying up other companies.
A Reuters report has stated that Bermuda-based ACE Ltd. and EXEL Ltd. may both be interested in buying NAC Re Corp., the 14th largest reinsurer in the US based on premiums written.
"Speculation in the market is...
DATE: Aug 24, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
Most of the shares, 453,652, were traded as a big block at $27.50 early in the day, a fall of $5.50 or 17 percent in value from Thursday's close. Subsequent trades drove the stock back up to $29, then $30, then to $32. All of the subsequent buying wa...
DATE: Aug 22, 1998
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CATEGORY:
Other
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investment in Bermuda's market. Bermudians will be invited to become shareholders, reports David Fox .
The new deal between Government and Cable & Wireless clears the way for the Telecommunications Minister to tackle a number of outstanding issues, i...
DATE: Aug 21, 1998
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Local residents should benefit from lower overseas telephone rates soon after Government and telecommunications giant Cable & Wireless settled their differences yesterday.
The two parties signed a new pact yesterday morning that provides C&W with a n...
DATE: Aug 21, 1998
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
A secure electronic network for Bermuda-based businesses was officially launched yesterday.
The network, which has been operating on a trial basis among 21 member organisations with 2,500 users, is run as a non-profit association. Now the group is at...
DATE: Aug 21, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
Centre Solutions (Bermuda) Ltd. president and chief executive officer David Brown is going to retire at the end of this year. Many wonder why Mr. Brown, 40, is leaving a lucrative and successful career so early.
He is retiring from the day to day run...
DATE: Aug 21, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
A story in Friday's newspaper on a collision between the Norwegian Crown and the Song of America failed to say that Song of America was berthed at the time that Norwegian Crown 's bow hit her stern railings.
Two cruise ship captains have been told to...
DATE: Aug 21, 1998
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CATEGORY:
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The index fell 10.99 points to close at 1,511.66 on a volume of 4,422 shares valued at $92,515.
DATE: Aug 21, 1998
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CATEGORY:
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of International Orientation Resources, an intercultural management training company which provides services to transnational corporations in global partnering and international growth.
Headquartered in Chicago, the company also has offices in London...
DATE: Aug 21, 1998
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CATEGORY:
Other
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Bermuda's retailers are still fighting a losing battle of restricted profit margins and escalated costs, in the face of a continuing reduction in tourism.
Many suspect that as cash flow remains a lingering problem, more retailers will be forced to pa...
DATE: Aug 21, 1998
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
