Log In

to July last year, an indication perhaps that brighter days are ahead for Bermuda's troubled retail sector. In July 1997 consumers spent $2.5 million more -- for a gross total of $50.7 million-- than in July 1996. That's an increase of 5.1 percent. A...

US timeshare developer Great Vacations Resorts is currently wrapping up its financial analysis of the St. George's Club and is primed to close the deal within a month. "We are reviewing the club's operation going forward to see how we can control cos...

major players are looking to transform the connection into a means of doing on-line electronic commerce. The local network began operating with six members in February primarily as a means for the major insurance and brokerage companies to send secur...

about 40 percent for the year ended March 31, 1997. The decline was attributed to reorganisation costs and increased expenses. The closely-held company posted net earnings for the past financial year of $630,424 compared with $1,042,829 in the previo...

tanker company will close its head office in Bermuda, the chief financial officer said yesterday. Bermuda-registered Frontline Ltd., which is headquartered in Norway, yesterday signed an agreement to acquire LOF in a transaction valuing the company a...

Consultant William Knoke, founder of the Harvard Capital Investment Group, has taken the trends of globalisation and communications technology and projected them to their logical extreme. "We are entering the age of everything, everywhere,'' he said ...

phone operations until early next year, principal shareholder Kurt Eve said yesterday. The company had planned to begin competing in the local cellular telephone market this summer. Bermuda Digital is currently in negotiations with a large "internati...

local hotel operation and has threatened to pull out of Bermuda. The company has said it will terminate its lease with Bermuda Properties Ltd. for the Marriott's Castle Harbour Resort unless its rent was reduced and other arrangements were made to im...

seeking damages for smoking-related illnesses from the tobacco industry. Louisiana law allows plaintiffs, in this case the state, to sue companies which have written insurance policies for the primary defendants, the tobacco companies. However ACE's ...

percentage increase in cash compensation paid to him in 1996 out of the 44 chief executive officers (CEOs) heading the leading commercial insurers and reinsurers surveyed by Business Insurance magazine. Mr. Blake received $529,038 in salary along wit...