Log In

to expand its container terminals as early as September, a government official said. Hutchison Whampoa Ltd., Jardine Matheson Holdings Ltd. and other port operators are making progress in talks to build Container Terminal 9, the official said. Constr...

property catastrophe reinsurer, IPC Holdings Ltd. Mr. Weale, a Fellow of the Chartered Institute of Management Accountants, was previously vice president in charge of offshore management services with American International Company Ltd. He was also p...

The authorities want to hear more before considering allowing non-Bermudians easier access to the purchase of Bermuda homes, Finance Minister Grant Gibbons said yesterday. The Minister was responding to Bermuda Home chairman Donald Lines who again cr...

quarter. The company's unaudited net income for the three months ended June 30 was $405,000 compared to $1.6 million. Though the bottom line quarter results were off last year's, they marked a return to profitability after a 1995 fourth quarter loss ...

operator Stevedoring Services led to a near 27 percent decline in annual profits this year. The Company, which handles all cargo on Hamilton Docks, saw net income fall $189,109 to $514,837. The president's report details that revenue rose $427,127 or...

offering will purchase 600,000 additional shares. The shares, sold by original shareholders, will cover over-allotments and be priced to the public at $22 each. Including the over-allotment, 5.35 million shares were sold. About 53 percent of the comp...

(Bermuda) Ltd. to take over the trading and membership duties involved in its equity in the Bermuda Stock Exchange. Bank executive vice president, treasury, Malcolm Brown, said: "It will bring us in line with the other trading members on the Bermuda ...

Bermuda-based PartnerRe Ltd. post a strong profit in the quarter ended on June 30. For the three months ended June 30, the company's unaudited net income was $60.3 million, or $1.09 per share, compared to $62.2 million, or $1.11 per share, in second ...

Electric Corp.'s finance arm to obtain millions of dollars in loans for Republic's used-car superstores, according to a person familiar with the negotiations. Such financing would put in place the last element of billionaire H. Wayne Huizenga's strat...

TeleBermuda International Ltd. -- which plans to compete with Cable & Wireless' international telecommunication services -- aims to raise more than $30 million through an initial public offering. Proceeds from the IPO, which closes on August 23, will...