76548 results returned for search: "" category "Business"
Bermuda ran a $26 million current account balance of payments deficit in the last quarter of 2001 as the September 11 terrorist attacks took a toll on tourism spending and investment income of the Island.
The balance of payments - which measures the ...
DATE: Apr 12, 2002
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The Bermuda Public Services Union opened its first ever Triennial Delegates Conference themed: "Challenges of a Global Economy" at the Salvation Army Hamilton Citadel yesterday.
Premier Jennifer Smith was joined by opposition leader Dr. Grant Gibbons...
DATE: Apr 12, 2002
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Institute of Directors celebrates decade on Island
The Bermuda branch of the Institute of Directors (IoD) is celebrating its tenth anniversary this year and in honour of the occasion has organised a dinner at the Fairmont Southampton Princess on May ...
DATE: Apr 12, 2002
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Bermuda-based Arch Capital Group Ltd. has announced the closing of its offering of 7,475,000 common shares at $25.50 per common share, including the exercise in full of the underwriters' over-allotment option.
The offering resulted in net proceeds to...
DATE: Apr 12, 2002
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Hermitage Investment Holdings Ltd. has announced that it has entered into a definitive agreement to acquire all of the share equity in two US based insurance operations, Hermitage Insurance Company and Kodiak Insurance Company, Inc. (collectively the...
DATE: Apr 12, 2002
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The Royal Gazette/Bermuda Stock Exchange Index fell 3.73 points or 0.14 percent yesterday to close at 2,670.34. A total of 4,255 shares worth $56,467 were traded.
The Bank of Bermuda remained unchanged at $45 despite 200 shares being traded. The Bank...
DATE: Apr 12, 2002
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The February inflation rate has edged up to 2.4 percent, latest Government figures show.
This compares with 2.3 percent in January - and 2.8 percent in February 2001.
According to yesterday's statistics, the cost of electricity plummeted in February....
DATE: Apr 11, 2002
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Troubled financial and insurance services firm Mutual Risk Management will foot the bill for a review of its operation launched by the Bermuda Monetary Authority.
A filing with the US Securities and Exchange Commission (SEC) earlier this month advise...
DATE: Apr 11, 2002
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A hearing at the Senate Finance Committee will get underway today to discuss legislation for restricting tax shelters, according to the Financial Times.
The report said that the Finance Committee has had its eye on tax abuses for some time, but would...
DATE: Apr 11, 2002
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In the world of mutual funds "Bermuda" does not refer to a holiday destination. Instead it is insider speak for the Globalisation of Mutual Funds conference held every year on the Island, according to one of the organisers.
The conference - now in it...
DATE: Apr 11, 2002
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