Faced with mounting losses, St. George's Club developer Alistair Woolf is attempting to bail out of the timeshare resort by selling it to US-based Great Vacations Resorts.
Mr. Woolf and a group of inv...
Developer Conrad Engelhardt is making another attempt to develop a disused plot of land directly to the west of the Reefs Beach Club on South Shore Rd., Southampton.
This time he's proposing to put up...
You've got to look more carefully at your credit and debit card transactions on your bank statements. That's the lesson two friends learned the hard way when they were defrauded through the Internet.
...
London insurance market. The company yesterday announced it would buy a 20 percent stake in Venton Holdings Ltd. from Trident Partnership, L.P. for $34.5 million.
Venton through its subsidiaries manag...
course for the year without any nasty surprises expected.
Jeffrey Brewer, Managing Director of Case International, said the company's strategy was to reduce its exposure to the larger capitalised comp...
bankruptcy earlier this year, lost $600,087 in the seven months to January 31, compared to $414,276 lost in the 1996 financial year ended June 30.
However Donald Lines, chairman of the board, said the...
An article in a US newsletter on a company listed locally has raised the ire of its founder and attracted the interest of the Bermuda Stock Exchange (BSX).
NimsTec Ltd., which listed on the BSX last m...
the Bermuda Stock Exchange (BSX). This makes it the second foreign company to join the BSX along with Nomura Securities (Bermuda) Ltd., which became a member last year.
Tremont is in the hedge fund bu...
From his fourth floor office at the Bank of Bermuda's Compass Point building Peter Mellor can see the former Bermudiana hotel, a pink hulk reminding him of one project he was unable to help get going....
according to an Economist Intelligence Unit (EIU) report. The EIU is a subsidiary of The Economist magazine.
The EIU's "Country Update'' of Bermuda is provided through the Bloomberg News service.
"Des...
