76540 results returned for search: "" category "Business"
Not many 22-year olds can say they own their own charter sailing company.
Yet that is only part of what sets the aptly-named Rising Son Cruises, Bermuda's newest charter company, apart from the competition.
The luxury 43-foot Privilege catamaran Risi...
DATE: Jul 22, 2002
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Legislation tabled in the House of Assembly on Friday would give the Bermuda Monetary Authority greater powers in seeking information from insurance companies.
The bill, called the Insurance Amendment Act 2002, has yet to be debated in the House but ...
DATE: Jul 22, 2002
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Investors discovered last week that the Bank of Bermuda's listing on a foreign exchange allows the bank to raise additional capital, but also exposes it to investor mood swings which don't necessarily reflect the bank's performance.
The bank's share ...
DATE: Jul 22, 2002
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Capital markets continue to experience frenetic volatility; the consensus is that these types of swings in times of uncertainly will continue.
Volatility is caused by a number of factors, both tangible and intangible: domestic investors unable to wit...
DATE: Jul 20, 2002
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The Royal Gazette/Bermuda Stock Exchange spiralled six percent lower yesterday, pushed down by the Bank of Bermuda, which ended $5.50 lower as investors took their lead from trading in the company's shares on the Nasdaq.
The index closed down 163.44 ...
DATE: Jul 19, 2002
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Allied World Assurance Company, Ltd (AWAC) last night celebrated the official opening of its Bermuda headquarters at the Bermuda Commercial Bank Building on Victoria Street, Hamilton with a cocktail reception attended by over 300 representatives from...
DATE: Jul 19, 2002
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NEW YORK (Dow Jones Newswires) - Although onland gas drilling activity in the US isn't likely to pick up until the end of the year, Nabors Industries Ltd.'s (NBR) efforts to diversify internationally promise to shield earnings from declines in the fu...
DATE: Jul 19, 2002
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Insurance stocks plummeted on Wall Street yesterday following XL Capital Ltd.'s announcement that it had increased reserves by $200 million to cover losses relating to the September 11 attacks in the US.
The company also expected to report $120 milli...
DATE: Jul 19, 2002
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Retail sales inched up 0.7 percent in May relative to the previous year's figures, according to Government statistics released yesterday.
The value value of sales was 2.7 percent higher in May 2002 than in May 2001, but their volume increased just 0....
DATE: Jul 19, 2002
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Rating agency AM Best has said its credit rating for the St. Paul Companies' will not be downgraded because of the company postponing its initial public offering for its newly formed Bermuda reinsurance venture.
The new company, Platinum Underwriters...
DATE: Jul 19, 2002
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