49296 results returned for search: "" category ("Other" AND "Business")
We're waiting with anticipation to see how the telecommunications sector plays the game of competition in the Bermuda market. The tattle is in the street about the proposed takeover by The Bermuda Telephone Co. Ltd. (BTC) of Logic Communications, the...
DATE: Feb 18, 1998
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AUTHOR:
Ahmed Elamin
and the strong pound to increase profits for 1997 and raise its dividend for the first time in two years.
A growing contribution from more stable fee-based business helped profits to rise by six percent to 101.2 million ($165.7 million) over the yea...
DATE: Feb 18, 1998
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by Bermuda-resident Michael DeGroote, has raised about $50 million to pay for its acquisitions over the past 13 months.
The company raised the money to pay for part of what it called an "aggressive acquisition'' programme over the past 13 months.
Mr....
DATE: Feb 18, 1998
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lines as a result of a collaboration agreement they have signed with Merrill Lynch Asset Management (MLAM).
BCB will provide direct distribution of MLAM offshore mutual funds, feed deposits directly into MLAM's Dollar Asset Portfolio and offer client...
DATE: Feb 17, 1998
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
listing on the Bermuda Stock Exchange (BSX), under restricted marketing provisions.
The restrictions mean that shares may only be sold to qualified investors, and may not be traded in lots with an initial value of less than $100,000.
The SWGI Russian...
DATE: Feb 17, 1998
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with the index gaining 16.07 yesterday to close at 1,617.83 on a volume of 22,178 shares valued at $206,035.
The Bank of Bermuda gained 38 cents to close at $35.88. The Bank of Butterfield gained 25 cents to close at $18.25. Bermuda Aviation Services...
DATE: Feb 17, 1998
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Standard & Poor's (S&P) forecast that growth will be constrained for Bermuda-domiciled Inter-Ocean Reinsurance Co. Ltd. in 1998, due to the continuing soft traditional reinsurance market and the re-emergence of Lloyd's.
But through increased capacity...
DATE: Feb 17, 1998
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
telephone line because of staff shortages.
And they said they were spending $14 million in capital improvements this year -- including $500,000 on new technology to make it easier to install more than one line per house.
Two callers rang The Royal Ga...
DATE: Feb 16, 1998
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Bermuda's coral reefs are set to benefit from a decision by the UK Government to pour $1.5 million into the sea.
UK Minister for International Development George Foulkes announced the cash boost at a UK-Caribbean Forum in the Bahamas.
He said the cas...
DATE: Feb 16, 1998
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Minister Louis Farrakhan will arrive on the Island around 3 p.m. on Wednesday for a 24-hour visit to Bermuda.
According to organisers, the public may get a chance to glimpse Minister Farrakhan -- depending on security arrangements -- from outside the...
DATE: Feb 16, 1998
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CATEGORY:
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