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Recent volatility in major equity markets should be seen against the backdrop of a very strong run which has made an average investment increase its value six times over since 1980, according to an equities analyst. But Baring Asset Management US equ...

The Corporation of Hamilton is expected to soon seek tender bids for a terminal operator's licence for Hamilton Docks, and hopes to have a new contract agreed to by the end of the year. By then, a new long term agreement will have been delayed for an...

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...

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...

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...

Creditors of the failed Televest Ltd. and Telecheck Holdings Ltd. are receiving some good news this Cup Match holiday, with word from liquidators that they will soon declare and pay an interim dividend of $2 million to all creditors. The liquidation'...

receivership. And yesterday, Police sources confirmed detectives are continuing an investigation launched some time ago into the disappearance of company funds. No-one could say yesterday if the two events are connected. Kempe & Whittle partner Gil T...

reported net income of $40.8 million for the third quarter to June 30, a 15.6 percent increase over the 1995 third quarter. Net income for the quarter that is available to common shareholders after minority interest of more than $15 million is $25,79...

local banks to have them represent the company on the Island. Diners Club, used more in European markets than in the US, expects to provide a competitive service here before the end of the year. And some of Bermuda's top cottage colonies -- which hav...

the year to June 30, a 12 percent improvement over the year before. Earnings per share climbed 21 cents to $2.38. Total assets for the first time broke through the $8 billion mark ($8.1 billion), a near $700-million growth. And total revenues for the...