49296 results returned for search: "" category ("Other" AND "Business")
yesterday that 1997 sales rose nearly 18 percent to 18.77 billion Swiss francs and that it expected to boost net profit for the year excluding takeover-linked provisions.
"Roche anticipates another good result for the year, with a further increase in...
DATE: Jan 17, 1998
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The exceptional financial results enjoyed by reinsurers in 1997 might harbour the seeds of a "disappointing'' year during 1998, rating agency Standard & Poor's (S&P) predicts in its latest report on the industry.
Premium growth and pricing levels for...
DATE: Jan 16, 1998
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AUTHOR:
Ahmed Elamin
Butterfield could be looking to expand overseas offices, new president and chief executive officer Calum Johnston suggested yesterday.
When asked where the bank might go now it was back on track to improved earnings, Mr. Johnston said expansion in th...
DATE: Jan 16, 1998
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AUTHOR:
Ahmed Elamin
$19.8 billion in 1996 even though worldwide rates kept dropping, according to the latest statistics released yesterday by the Registrar of Companies.
The asset base of the 1,470 companies on register in 1996 was about $100 billion, a growth of five p...
DATE: Jan 16, 1998
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AUTHOR:
Ahmed Elamin
Ltd. has shed more than four-fifths of its 700 Hong Kong staff and the future of those in surviving units is uncertain, remaining employees said.
"Most people have left,'' said one senior administrative officer yesterday.
Fewer than 80 in the stockbr...
DATE: Jan 16, 1998
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for corporate clients looking to gain returns on their short-term cash holdings.
The new Bermuda Institutional Money Fund has been given a Aaa rating by Moody's Investor Services, its top classification. Moody's has also assigned a risk rating of MR1...
DATE: Jan 16, 1998
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pleased he was wrong about the number of hurricanes which he forecast would occur last year.
The number of hurricanes in the Atlantic region last year was below normal, and below what was predicted by Mr. Gray, a professor of atmospheric science at C...
DATE: Jan 16, 1998
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AUTHOR:
Ahmed Elamin
the claims paying ability rating of Compagnie de Reassurance d'Ile de France (Corifrance), the newly-acquired wholly-owned subsidiary of Terra Nova (Bermuda) Holdings Ltd.
Fitch IBCA said, "The upgrade recognises the company's continuing underwriting...
DATE: Jan 16, 1998
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this summer.
But that good news was dampened by the announcement that Canadian tour operator Conquest Tours was suspending its regular charter service from Toronto due to low passenger numbers. It is hoped the service will resume in October.
However ...
DATE: Jan 16, 1998
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yesterday, gaining 63 cents to close at $30.63 on a volume of 878. The gain brought the bank's stock price to a 52-week high, compared to a low of $16.38.
The stock exchange index gained 13.74 points to close at 1,445.91, 10.16 points above the previ...
DATE: Jan 16, 1998
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