49296 results returned for search: "" category ("Other" AND "Business")
Cayman Islands holding company Stockton Holdings Ltd., the parent to Bermuda-based Stockton Reinsurance Ltd., has completed a private placement of some $173,500,000.
About two thirds of it represents new primary capital for Stockton Re and one third ...
DATE: Jul 06, 1998
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AUTHOR:
David Fox, Business Editor
US-based Dell Computer Corp. has raised the hackles of local computer vendors by taking out advertisements in this newspaper selling its products. Consumers here can telephone a toll free number (1-800-342-0671) and order computers directly from Dell...
DATE: Jul 06, 1998
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AUTHOR:
Ahmed Elamin
Bermuda Stock Exchange last week.
About 244,000 of the bank's shares traded during the week as the stock price edged up 25 cents to $16.25. Bermuda Home gained 25 cents to $10.50. Argus Insurance gained 50 cents to close the week at $17, while Belco ...
DATE: Jul 06, 1998
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(2.01 percent) to 1,656.54 on a share volume of 39,933, valued at $951,745.25.
Bank of Bermuda rose a dollar to equal its record high of $40 on trading of 12,785. Bank of Butterfield finished 25 cents higher at $16.25 after 25,184 shares traded.
BELC...
DATE: Jul 04, 1998
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they started hiring new staff -- one day after making 26 redundancies.
The firm last night confirmed a young Bermudian was appointed to a new technical position on Wednesday, a day after the 26 accepted severance packages.
Union bosses are already in...
DATE: Jul 03, 1998
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mathematics and science, according to meteorologist Roger Williams.
And now the Bermuda Weather Service boss had launched a drive to recruit young Bermudians to join his team of weather watchdogs.
Mr. Williams explained that there are two classificat...
DATE: Jul 03, 1998
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AUTHOR:
Patrick Burgess
The combined capital and surplus of Bermuda's Class Four insurers and reinsurers grew last year by a significant six percent to $9.4 billion.
But in the prolonged period of a soft market, gross premiums written by the group decreased a modest three p...
DATE: Jul 03, 1998
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CATEGORY:
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AUTHOR:
David Fox, Business Editor
Former Sonesta Beach Hotel boss, David Boyd, has lost his Supreme Court claim against Colonial Medical Insurance Co. Ltd.
The Supreme Court began hearing earlier this year the application by Mr. Boyd for a declaration that he is covered under the hot...
DATE: Jul 03, 1998
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Bermuda will be hosting an international conference next year to commemorate the deaths of thousands of slaves who died on their journey from Africa to the US hundreds of years ago.
Up to 10,000 visitors of African descent are expected to arrive next...
DATE: Jul 03, 1998
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AUTHOR:
Gareth Finighan
Scotland next month, and hire 80 to 100 staff to be based there within the first year.
The bank is currently negotiating as to where to site the new unit, but expects it to be fully operational by September 1999.
Application programming, technical se...
DATE: Jul 03, 1998
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