75985 results returned for search: "" category "Business"
She’s worked in restaurants, as a cashier and most recently, as a house cleaner. But after years of working for someone else and then losing her job, one Bermudian woman is now her own boss and helping others get work too.
Charlie Jolliffe lost her ...
DATE: Mar 19, 2012
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CATEGORY:
Local Business
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Argus Group slipped 8 cents (1.95 percent) on the Bermuda Stock Exchange yesterday with 6,500 shares trading, to close at $4.02. Butterfield Bank traded 3,500 shares to close at $1.10 and Butterfield Preferred traded 10 shares to close at $1,230, bot...
DATE: Mar 17, 2012
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CATEGORY:
Bermuda Stock Exchange
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Massive trade imbalances are driving the current global economic situation. BRIC nations are in for a tough time, meanwhile the United States is on the edge of a credit crisis, says Clem Chambers, CEO of leading financial information site ADVFN.com a...
DATE: Mar 17, 2012
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CATEGORY:
Other
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This is the second in a series of reports on the state of the Bermuda tourism industry.
We will examine how far we have fallen since our heyday in the 1980s, why dozens of resorts and hotels- including highly rated ones- have failed and closed, why n...
DATE: Mar 16, 2012
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CATEGORY:
Other
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Bermuda-based asset manager, PRP Performa Ltd, has launched a new high-yield fund designed for captive and re/insurance firms. According to the company, the Performa HY Fund, gives traditional fixed income and equity investors a way to gain diversifi...
DATE: Mar 16, 2012
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CATEGORY:
International Business
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Lloyd’s insurer Canopius Group Ltd has announced its first ever loss £64 million (about $100.6 million) before tax for 2011. The loss comes after the company posted a profit of £40 million (about $62.9 million) for 2010.
Canopius, a UK-based insuran...
DATE: Mar 16, 2012
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CATEGORY:
Reinsurance
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When Somers Supermart said Leon Dickinson had to retire, the 65-year-old didn’t go home and take it easy.
The grocery store’s former assistant manager became their competition.
Mr Dickinson and his wife Evannie held the grand opening yesterday for Ea...
DATE: Mar 16, 2012
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CATEGORY:
Local Business
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It can cost up to $1 million to build a single hotel room in Bermuda, with construction costs in Bermuda now ranging from $850 a square-foot up to $1,000 a square foot.
That’s inclusive of air conditioning, wiring, furnishings- everything within four...
DATE: Mar 16, 2012
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CATEGORY:
Other
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It used to be the dream we were all working toward: turning 65 and retiring to a life of golfing, sipping piña coladas and spending time with grandchildren.
But the harsh reality, experts say, is that many Bermuda residents just won’t be able to aff...
DATE: Mar 16, 2012
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CATEGORY:
Personal Finance
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Capital G Bank Ltd made a profit of $3.2 million for the year ended December 31, 2011, down seven percent from last year.
The bank said its loan book and net interest income increased as a result of its merger with First Bermuda Group (FBG).
Net oper...
DATE: Mar 16, 2012
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CATEGORY:
Local Business
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