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The Royal Gazette/Bermuda Stock Exchange Index (BSX) arrested its recent slide with a quiet day yesterday.
The Index opened and closed the day on 2,404.32, with 75 shares worth $412.50 traded. All of the shares were in Butterfield Bank, but the bank'...
DATE: Mar 24, 2009
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Bruce Currie set up HC Japan Fund in Bermuda seven years ago. But now he is moving back to the UK to manage Oxford University’s $800 million endowment. The Royal Gazette spoke to him about the new challenge ahead, his time on the Island and other ove...
DATE: Mar 24, 2009
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CALL NOW: It is 2am, you cannot sleep, and just then you get the offer of a lifetime: A towel that supposedly holds 12 times its weight in liquid.
You doubt it. But maybe curiosity, or the charismatic if not mildly annoying ShamWow pitchman, gets to ...
DATE: Mar 24, 2009
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Senator Christopher Clegg (Democrat, Connecticut) and his wife Jackie Clegg Dodd have been benefiting from their connections to under fire insurance giant American Insurance Group (AIG), according to a US independent political website.
AIG came in fo...
DATE: Mar 24, 2009
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NEW YORK (AP) - Time Warner Inc. says it will invest $241.5 million for a 31 percent stake in Bermuda-based broadcast network operator Central European Media Enterprises Ltd.
Time Warner's investment disclosed yesterday allows Central Europen Media's...
DATE: Mar 24, 2009
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The Bermuda International Business Association (BIBA) continued its globetrotting exploits and getting out the message that the Island has a big part to play in the global economy and financial markets - this time with a two-day media and marketing t...
DATE: Mar 23, 2009
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MUMBAI, India (AP) - Tata Motors said it will launch its ultra-cheap Nano car in Mumbai today - a vehicle meant to herald a revolution by making it possible for the world's poor to purchase their first car.
But few predict the snub-nosed Nano will be...
DATE: Mar 23, 2009
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Bermuda has fallen one place in the world's top financial centres rankings, according to a report published by the City of London.
The fifth Global Financial Centres Index (GFCI), which is compiled by the Z/Yen Group and updated every six months, ran...
DATE: Mar 23, 2009
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Butterfield Bank was the big mover on The Royal Gazette/Bermuda Stock Exchange Index (BSX) last week, falling 90 cents (14.06 percent) to cap a miserable week's trading for the bank.
The bank closed at $5.80, with 127,310 shares traded.
Utilities was...
DATE: Mar 23, 2009
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Finance, Minister Paula Cox has expressed her delight that Bermuda is set to sign a series of Tax Information Exchange Agreements (TIEAs) with the Nordic group of countries next month.
The group includes Denmark, Finland, the Faroe Islands, Iceland,...
DATE: Mar 23, 2009
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