76384 results returned for search: "" category "Business"
Axis Capital Holdings Ltd. reported record net investment income of $137 million, which jumped 21 percent.
The news came in the company's quarterly results statement which reported a net income of $231 million for the second quarter, down eight perce...
DATE: Aug 05, 2008
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The Bacardi Store has officially opened its retail store on Bay Street in Nassau, Bahamas.
The grand opening by the Bermuda-based company featured the international launch of Bacardi® Reserva Limitada, a rare aged rum never before sold outside of its...
DATE: Aug 05, 2008
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Bermuda Aviation Services Ltd. (BAS) has received a further setback in its long-running case against Government after the date for a decision by arbitration was moved back two months.
BAS took Government to court back in June 2007, filing a writ agai...
DATE: Aug 05, 2008
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Butterfield Bank recorded a $16.5 million net loss during the second quarter of 2008, as it took a $50 million charge on investments hit by the credit crisis.
The loss, which was down from a profit of $35.9 million for the same period last year, was ...
DATE: Aug 05, 2008
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Flagstone Reinsurance Holdings Ltd. saw its profits almost triple during the second quarter of 2008 as the class of 2005 reinsurer continued to expand its business.
The Bermuda-based company's net income rose to $41.9 million, or 49 cents per share, ...
DATE: Aug 05, 2008
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The North-East Hamilton Economic Empowerment Zone (EEZ) will provide traders dealing in illicit activities with the chance to redeem themselves and make money legally.
That is according to Finance Minister Paula Cox, who was speaking at a meeting abo...
DATE: Aug 05, 2008
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Bermuda Stock Exchange-listed property company Fabian Romania Ltd. boosted its net asset value (NAV) per share by six cents for the year to date, despite falling six cents for the second quarter 2008.
The Alternative Investment Market-listed investor...
DATE: Aug 05, 2008
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Butterfield Bank boosted its share price by 25 cents (1.69 percent) to close at $15 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank traded 2,300 shares throughout the day.
The only other traders were Kentucky Fried Chicken...
DATE: Aug 05, 2008
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DALLAS (Bloomberg) - Crude oil fell to a 13-week low amid speculation that Tropical Storm Edouard will miss most offshore oil facilities as it approaches the coast of Texas.
Futures fell as much as $5.60 a barrel, shrugging off port closings and rig ...
DATE: Aug 05, 2008
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JUMPING SHIP: There's an uneasy feeling floating about the workplace. Something just might be up. What's an executive to do?
Leave. Right now.
A study on managing the "stigma of failure" found that those high-level executives who left their positions...
DATE: Aug 05, 2008
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