76518 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange Index ended the week at 2,290.89, a rise of 20.276 points or 0.89 percent, on a volume of 14,914 shares. The biggest mover was Long Botham Boats Co. which climbed 12.5 percent or 50 cents on a volume of 100 sh...
DATE: Apr 14, 2003
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Buying abroad is soaring according to Government figures with nearly $40 million declared at customs last year.
That figure was up six percent over 2001 as more than 42,000 overseas trips were taken.
In the last quarter overseas purchases increased 9...
DATE: Apr 14, 2003
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Standard & Poor's Ratings Services last week lowered its ratings on Bermuda-based Sea Containers Ltd., including lowering the corporate credit rating to `BB-' from `BB'.
S&P said it was lowering the rating because the freight-to-travel business must ...
DATE: Apr 14, 2003
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President of H.A & E Smith Ltd., Roger Davidson, says that Smiths has no current plans to invest in renovations in the Front Street store.
Other stores such as Coopers, Triminghams and Aston & Gunn have recently carried out major renovations, despite...
DATE: Apr 14, 2003
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Bermuda has taken its share of hits in the US press over the last year, particularly, with respect to the oft quoted statement, “that we have tax-free status”. As you and I know only too well each time we stand in line at airport Customs to pay our s...
DATE: Apr 12, 2003
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The Royal Gazette/Bermuda Stock Exchange Index jumped 17.94 points to 2,290.89 on volume of $84,312 shares as both major banks saw their shares rise.
Bank of Bermuda rose 45 cents to $31.55 while Bank of Butterfield gained five cents to $33.50.
Long ...
DATE: Apr 12, 2003
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The annual rate of inflation slipped to 2.9 percent in February as continued increases in fuel prices were offset slightly by a decline in hotel accommodation.
Although inflation fell from the three percent rate set in January, it remains higher than...
DATE: Apr 11, 2003
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Troubled Bermuda-based insurer Trenwick Group Ltd. has been thrown a lifeline by its creditors who have agreed to wait until August to be repaid.
Trenwick said it had reached an agreement with the beneficial holders of the 6.7 percent senior notes of...
DATE: Apr 11, 2003
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Food with a more Bermudian flavour will be on the menu at two Hamilton take-aways following a buy-out by businessman Steven DeCosta.
Mr. DeCosta has operated the Eat-N-Run mobile catering service for the past two years, specialising in delivering foo...
DATE: Apr 11, 2003
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The traditional insurance cycle of hard and soft markets means a lot of volatility for both insurers and risk managers, forcing them to come up with new ways of generating business.
During the last extended soft markets, premiums reached such lows th...
DATE: Apr 11, 2003
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