1727 results returned for search: "" category "Business" author Jonathan Kent
The Fairmont Southampton resort has no current plans to close its doors for the winter, management said on Friday.
But the Island's largest hotel is looking at "every option" as it looks to survive what is expected to be a bleak period for tourism, a...
DATE: Dec 01, 2008
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AUTHOR:
Jonathan Kent
Argus Group Holdings Ltd. yesterday announced a $42 million loss for the six months ended September 30 — the first loss in the group's 26-year history.
The company said last night the results came about as a result of the current, difficult market co...
DATE: Nov 28, 2008
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AUTHOR:
Jonathan Kent
Bermuda's functioning as an international financial centre is to be examined on behalf of the British Government.UK Chancellor of the Exchequer, or finance minister, Alistair Darling announced in his Pre-Budget Report on Monday that Britain will comm...
DATE: Nov 26, 2008
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AUTHOR:
Jonathan Kent
Retailers have to go back to basics to give consumers what they want in order to survive the current downturn, says the new chairman of the Bermuda Chamber of Commerce's East End division.
Kirby Brackstone, who, with his wife Isabelle, owns the Bermu...
DATE: Nov 26, 2008
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AUTHOR:
Jonathan Kent
Bermuda-based Flagstone Reinsurance Holdings Ltd. has named a new chief financial officer and has switched the base for the job from Bermuda to Switzerland.
Flagstone announced on Friday that Patrick Boisvert will become the group's new CFO, taking o...
DATE: Nov 24, 2008
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AUTHOR:
Jonathan Kent
BF&M Ltd.'s profits for the first nine months of the year fell 29 percent as the value of its investments plunged by almost $15 million.
The Bermuda-based insurer and pension provider recorded profits of $15.4 million through September 30 this year, ...
DATE: Nov 21, 2008
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AUTHOR:
Jonathan Kent
Ace Ltd.'s shares fell 20 percent — the most in 15 years — after Citigroup Inc. downgraded the firm on an analyst's expectations of reinsurance costs arising from equity-based retirement products.
Last night the insurer responded by saying that even ...
DATE: Nov 20, 2008
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AUTHOR:
Jonathan Kent
Bermuda's major US-listed insurers expect to pay out a combined total of more than $3 billion in claims for hurricanes Gustav and Ike alone.
And combined with investment losses emanating from the ongoing turmoil on the world markets, that made for a ...
DATE: Nov 19, 2008
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AUTHOR:
Jonathan Kent
International business leader David Ezekiel yesterday called upon Government to encourage job-creating businesses to Bermuda as the Island faced up to the impact of the global financial crisis.
Speaking at the annual general meeting of the Associatio...
DATE: Nov 19, 2008
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AUTHOR:
Jonathan Kent
Bermuda-based financial guarantor Syncora Holdings Ltd. last night admitted its management had "substantial doubt" about the company's ability to continue as a going concern after it announced a net loss of $1.34 billion for the third quarter.
In its...
DATE: Nov 18, 2008
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AUTHOR:
Jonathan Kent
