76463 results returned for search: "" category "Business"
Phil Barnett, president of the Chamber of Commerce and head of the Island Restaurant Group Ltd, believes the decline of the dollar is a double-edged sword for Bermuda's economy.
On the one hand it will have a big impact on the labour market and the l...
DATE: Jul 12, 2007
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Bermuda's current account chalked up a surplus of $186 million in the first quarter of this year — an increase of $28m on the same period last year.
The figure represents the difference between the money flowing into the Island from overseas and that...
DATE: Jul 12, 2007
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AUTHOR:
Jonathan Kent
The Listing Committee of the Bermuda Stock Exchange (BSX) announced the approval of the listing of Common Shares of Codrington Partners Ltd. for qualified investors yesterday.
Codrington Partners is an investor in intellectual property and aims to li...
DATE: Jul 12, 2007
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LONDON (Bloomberg) — UK insurers including Aviva Plc and Royal & Sun Alliance Insurance Group Plc may face higher claims as more bad weather increases record flooding costs.The UK's Met Office was expected to issue an "early warning" forecast today f...
DATE: Jul 12, 2007
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The rapidly falling dollar presents much more of a concern for Richard Davidge, owner of Eurocar Ltd., than for most.
For the Pembroke-based car dealer is starting to feel the pinch as the euro, and ultimately the cost of buying from the European and...
DATE: Jul 12, 2007
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As one of Bermuda's few exporters to Europe, Gosling's has seen its rum become less expensive for consumers to buy on the other side of the Atlantic, thanks to the plummeting dollar.
However, according to the company's managing director Charles Gosli...
DATE: Jul 12, 2007
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AUTHOR:
Jonathan Kent
Bermuda-based shipping manager Dorchester Atlantic Marine is to change its name to Berhard Schulte Shipmanagement.
Dorchester Atlantic was already part of the Schulte Group. And the group has now decided that it and three other member companies shoul...
DATE: Jul 12, 2007
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LONDON (Bloomberg) — Ryanair Holdings Plc, Europe's biggest discount airline, plans to sue the European Commission for not investigating complaints over state aid to national airlines Air France-KLM Group and Deutsche Lufthansa AG.Air France, Lufthan...
DATE: Jul 11, 2007
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LONDON (AP) — Marks and Spencer PLC, Britain's largest clothing retailer, said yesterday sales rose seven percent in the first quarter compared with a year earlier.Sales in Britain climbed 6.4 percent while revenue in markets outside Britain — includ...
DATE: Jul 11, 2007
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NEW YORK (Reuters) — The dollar hit a record low against the euro and 26-year troughs against sterling yesterday, as investors fretted about a possible fallout from weakness in the US subprime mortgage market.The dollar also slumped nearly one percen...
DATE: Jul 11, 2007
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