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received a cheque worth 1,000 from the CIB, beating out 120 other centres around the world. The cheque was presented by former CIB president Dr. Andreas Prindl FCIB to Local Centre president Mr. James Hollis-Hallett. Dr. Prindl is the founder and cu...

Ltd., Smedvig directors are scheduled to meet today discuss their options. The meeting comes a week after Bona, the tanker arm of Norwegian ship owner Leif Hoegh, lifted its issued share capital holdings in crude oil carrier owner/operator Smedvig fr...

the Island. Five Islanders are training to become air traffic controllers in a drive to Bermudianise the posts. After four months' intensive training in England they are now getting hands-on experience in the control tower on the former US Naval Base...

to the limit, a corporate lawyer has claimed. Conyers, Dill & Pearman partner Ms Robin Mayor told the Ninth International Reinsurance Congress last week that insurancer and reinsurance insolvenies were to complex and interwoven to fi neatly into the ...

Commonwealth Finance Ministers Conference. Delegates of some 50 countries will arrive in Bermuda next September for the annual conference that provides a forum for Finance Ministers from various Commonwealth jurisdictions to discuss areas of mutual c...

its second annual corporate gift and amenities trade show today, the local chapter said. "Members and guests who attend are looking for commemorative gifts for corporate special occasions, welcome amenities to place in attendee guest rooms, client or...

Bermuda Stock Exchange yesterday. BF&M preferred slipped 50 cents to close at $9 on volume of 500. Trading unchanged were; Argus, $10.50, 2,900, Bank of Butterfield, $10.875, 2,025, Bank of Bermuda warrants, $3, 3,640, Bermuda Bakery, $20, 625, and T...

safely anchored in international waters off the coast of India after sustaining a list on September 26. Preliminary investigation showed that the list was caused by a shift in the vessel's cargo, MC Shipping president Mr. Guy Morel said. The vessel d...

investment prospects at an INVESCO plc presentation tomorrow, said GulfStream Securities Ltd. managing director Ms Carolyn Hall. GulfStream is hosting the INVESCO offshore mutual funds representatives from London. Investors have three chances to hear...

the prospect of no insurance in 1996 unless they pay huge premiums. Mr. Robert Virtue, president and CEO of the new, specialty Caribbean hotel insurer that was set up in Bermuda, CHA Insurance Company (CHAIC) Ltd., said last week that many direct ins...