76282 results returned for search: "" category "Business"
Bermuda Container Line Ltd. (BCL) has officially delisted from the Bermuda Stock Exchange (BSX) following a shareholder vote, it was announced yesterday.
Shareholders of the freight shipping company voted in favour of the move at a special general sh...
DATE: Mar 03, 2010
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Bermuda Commercial Bank Ltd. dropped 7.28 percent (55 cents) to $7 on The Bermuda Stock Exchange on the same day that Butterfield Bank suspended trading in its shares yesterday.
BCB traded 3,700 shares, while Butterfield Bank also saw 62 preference s...
DATE: Mar 03, 2010
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Net loss: $213.4 million for 2009
Revenue before gains and losses and credit provisions for Bermuda segment: $187.7 million
Specific loan loss provisions related to the hospitality industry: $94 million
Net realised and unrealised gains on investment...
DATE: Mar 03, 2010
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ATHENS, Greece (AP) — Prime Minister George Papandreou says that if Greece cannot borrow on terms that are similar to those enjoyed by other European Union countries, the results will be "worse than catastrophic."
Papandreou also says the country mus...
DATE: Mar 03, 2010
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In a hearing before His Honour Mr Justice Briggs in the High Court in London, Hotel Cipriani (part of Orient-Express Hotels Ltd. was today awarded GBP1,571,091 million against Cipriani (Grosvenor Street) Ltd, the London restaurant and a further GBP6,...
DATE: Mar 03, 2010
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REACTION
Finance Minister Paula Cox
'The Ministry is pleased that the commercial resolution was concluded in a manner that considerably strengthens the Bank's capital base. The $550 million injection of new capital enables the Bank to de-risk its bal...
DATE: Mar 03, 2010
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SANTA CLARA, California (AP) — Microsoft Corp. CEO Steve Ballmer intends to keep the regulatory heat on Google as his company strives to lessen its rival's dominance of Internet search.
In an appearance yesterday at a search engine conference, Ballme...
DATE: Mar 03, 2010
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BC-EU--Switzerland-Tax Evasion,0120
Swiss lawmakers urge taking Germany to world court
GENEVA (AP) -- Swiss lawmakers have asked the government to haul Germany to the world court for purchasing stolen financial data documenting Germans who evaded tax...
DATE: Mar 03, 2010
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WindReach Bermuda can now take donations online via its website, thanks to its collaboration with Bermuda-based payment solutions provider First Atlantic Commerce (FAC).
WindReach, a charity dedicated to special needs persons and seniors, plans to ex...
DATE: Mar 03, 2010
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LONDON (Bloomberg) — Prudential Plc, the UK insurer that's agreed to buy American International Group Inc.'s Asian unit, tumbled for the second day amid concern about the price of the deal and plans for the company's biggest ever rights offer.
Britai...
DATE: Mar 03, 2010
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