75941 results returned for search: "" category "Business"
The Body Shop’s popular bath and beauty products are back on the Island and now being sold at Brown & Co, which has taken over the brand in Bermuda.
After 25 years, retailer Ellen Brown closed down The Body Shop store in the Washington Mall last Chri...
DATE: Dec 28, 2012
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CATEGORY:
Local Business
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The general election fervour hurt retailers this Christmas, distracting consumers from holiday shopping.
Retailers say that the outlook for month of December is not looking promising as they experienced very slow sales during the week leading up to t...
DATE: Dec 28, 2012
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CATEGORY:
Local Business
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Bermuda has the opportunity to make itself the reinsurance centre for a growing industry worth hundreds of billions of dollars, according to a top New York-based fixed-income asset manager.
Cliff Corso, CEO and chief investment officer of Cutwater As...
DATE: Dec 28, 2012
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CATEGORY:
Reinsurance
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Polaris Holding Company Ltd, the parent company of dock services company Stevedoring Services, has been turned down in its application to seek relief from the 60/40 rule — but it intends to reapply.
In a statement released through the Bermuda Stock E...
DATE: Dec 27, 2012
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CATEGORY:
Local Business
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Butterfield Bank and Ascendant Group Ltd were the only domestic-board companies to trade on the Bermuda Stock Exchange on Christmas Eve.
Butterfield remained unchanged on $1.26, as 42,300 shares changed hands. Ascendant closed unchanged on $11.56 aft...
DATE: Dec 27, 2012
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CATEGORY:
Bermuda Stock Exchange
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American Overseas Group Ltd reported third-quarter 2012 net income of $5.8 million, or $2.20 per diluted share.
This compares to net income available to common shareholders of $26.9 million, or $10.17 per diluted share, for the third quarter of 2011...
DATE: Dec 27, 2012
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CATEGORY:
Reinsurance
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The Bermuda re/insurance market is set to pay out $3 billion in claims relating to Superstorm Sandy - and that payout could yet get much bigger.
Seventeen of the Bermuda market companies have reported preliminary estimates for Sandy-related losses, a...
DATE: Dec 27, 2012
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CATEGORY:
Reinsurance
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Major change in the running of Bermuda’s tourism industry could come with the new One Bermuda Alliance (OBA) Government.
OBA had said that setting up a professional, accountable Tourism Authority was one of its immediate priorities and a spokesman sa...
DATE: Dec 27, 2012
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CATEGORY:
Other
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Shoppers have one last day to complete their holiday buying.
Retailers are pulling out all the stops offering discounts and extended hours to lure last-minute shoppers through their doors.
Christmas Eve is also the day that the men come out to shop, ...
DATE: Dec 24, 2012
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CATEGORY:
Local Business
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The St George’s Club has announced it has outsourced and leased its two restaurants to the newly formed company, HMS Limited.
Griffin’s Bistro and The Beach House will operate under a new ownership structure from 2013 onwards and offer two distinct e...
DATE: Dec 24, 2012
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CATEGORY:
Local Business
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