49296 results returned for search: "" category ("Other" AND "Business")
responsible for a marginal rise in half-year profits for BELCO Holdings Ltd.
BELCO declared $6,104,756 in net earnings for the six months to June 30, up marginally (0.61 percent) on the first six months of the 1996 financial year.
Total electricity k...
DATE: Sep 22, 1997
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AUTHOR:
David Fox, Business Editor
of a US insurer because of its intended purchase by ACE Ltd.
The move by S&P came as ACE stock (NYSE: ACL) rose as much as $4.375 on Friday to an all-time high of $93.375, before closing at $92.5625, up $3.5625 for the day.
It was for ACE, the holdin...
DATE: Sep 22, 1997
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CATEGORY:
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AUTHOR:
David Fox, Business Editor
to look into the environmental impact of dumping garbage at the Airport, a practice which he said was, "if not already problematic had the potential of having disastrous consequences in the future''.
Mr. Jeffers statement was made after a visit to th...
DATE: Sep 22, 1997
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ACE Ltd. acquisition of Atlanta-based Westchester Specialty Insurance Group (WSIG) for $333 million in cash will give the company is a significant platform for the development of a major operation in the United States, according to company executives...
DATE: Sep 22, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
The Bermuda Stock Exchange Index finished the week down 13.84 points as the Bank of Butterfield's share price forced the index back.
The Index closed at 1,325.41 on volume of 98,351 shares valued at $1.78 million and bonds worth $47,475.
Twelve issue...
DATE: Sep 22, 1997
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turn out ever for the fourth annual Coastal and Marine Clean-up day on Saturday.
A total of 335 people spent the day as land volunteers, data detectives and divers, picking up litter at 20 different sites around Bermuda.
Eleven sites were earmarked a...
DATE: Sep 22, 1997
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effectively raised its offer for ICB Shipping AB of Sweden by making an all-cash bid in place of a previous stock-and-cash bid.
ICB, though, said it still believes the offer undervalues the company and recommended shareholders not to sell their share...
DATE: Sep 22, 1997
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HONG KONG (Bloomberg) -- Once the corporate bedrock of British colonial Hong Kong, the "Noble House'' of Jardine Matheson Holdings Ltd. isn't getting much respect these days.
Competitors are threatening to raid its assets, China regularly issues a va...
DATE: Sep 22, 1997
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announced the signing of collective bargaining agreement for 1997, giving its 246 unionised workers a 2.9 percent wage hike.
BIU president Derrick Burgess told The Royal Gazette the agreement was ratified earlier this summer. It covers staff working ...
DATE: Sep 20, 1997
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and on Thursday, weather forecaster said last night.
The heavy rain means that the September average has already been exceeded this month, with 6.6 inches falling since September 1. The normal rainfall for the month is 5.1 inches and the record was o...
DATE: Sep 20, 1997
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