After years of stellar gains on the stock markets, shares of many Bermuda-based insurance and reinsurance companies have taken a battering in recent months.
The effects of investors concerns about the...
The author of an Internet site making allegations of fraud against Bermuda-based Exel chief information officer Ellen Lim has made a public apology on the Web.
Ms Lim is also chair of the Telecommunic...
Millennium International Ltd. has negotiated a settlement with a US company that had defaulted on the final $2 million payment for its US operation Attitude Network.
Millennium has subsequently announ...
million share repurchase programme.
"Our share price has been impacted recently by considerable confusion regarding economic versus GAAP earnings,'' Exel president and chief executive officer Brian O'...
Most of us are curious about what other people's salary is at their jobs, keen to compare and judge. Unfortunately such curiosity often goes to the heart of a person's self worth. Our lives are much m...
Communications Ltd. this week begins full competition in the lucrative Hamilton market with Bermuda Telephone Co. Ltd. (BTC).
The company announced it is now able to offer local voice calling service ...
Where ever there are large companies operating on a global scale and loads of money, you can also expect lots of legal disputes.
The in-fighting of one of Europe's oldest dynasties over $2.8 billion i...
Premier Jennifer Smith yesterday pledged support for the international business sector, and said initiatives were under way to streamline "perceived bureaucratic obstacles'' to setting up and operatin...
figures released yesterday by the Department of Statistics.
While car dealerships continued to register strong sales growth, the liquor store and general store categories suffered declines.
Overall re...
The failure of taxi meters here in the change over to 1999 was only a whisper of the problems that can arise from computers glitches caused by reading numbers wrong.
Computerised taxi meters went dead...