583 results returned for search: "" category ("Economy" AND "Business")
Nervous investors in search of safe havens amid continuing uncertainty in Europe and Washington have driven the price of gold to record highs and, according to one local analyst, that trend looks set to continue.
“During the last several months you’v...
DATE: Aug 04, 2011
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CATEGORY:
Economy
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HSBC Bermuda Bank has confirmed that no staff will be affected by HSBC Private Bank’s decision to cease offering its services to US residents living outside the US.
In a statement issued yesterday, an HSBC Bermuda Bank said: “There is no impact to st...
DATE: Jul 22, 2011
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CATEGORY:
Economy
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If you are looking for a historic pub in a great location - the George & Dragon in St George’s is looking for a buyer.
A spokesman for the pub, located in the heart of King’s Square, says there are no plans to reopen it this season.
He confirmed it’...
DATE: Jul 22, 2011
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CATEGORY:
Economy
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Chris and Penny Cassidy say they are having to advertise for the first time since starting their small painting, maintenance and construction business more than a decade ago.
It may be a sign of just how hard it’s getting for Bermuda’s small business...
DATE: Jul 22, 2011
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CATEGORY:
Economy
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LONDON (Reuters) - The private banking arm of HSBC - including its Bermuda branch - will stop offering services to US residents outside the United States as a crackdown on offshore tax evasion makes the regulatory burden of banking around the world i...
DATE: Jul 21, 2011
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CATEGORY:
Economy
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The Fairmont Southampton's convention business is rebounding.
The 593-room resort has been almost fully booked while hosting a huge group of 6,000 people from a major US company.
Many of the thousands of convention goers are understood to be from Sta...
DATE: Jul 21, 2011
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CATEGORY:
Economy
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Rents for apartments and houses on the Island have come down by as much as 25 percent in the last five years.
The demand for larger rental homes has also fallen and inventory is building in the East and West Ends of the Island as more tenants look to...
DATE: Jul 20, 2011
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CATEGORY:
Economy
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The commercial real estate market in Bermuda continues to soften, but interest is picking up, at least in two areas.
This according to Rego Sotheby’s International Realty, which says it’s seen a flurry of interest in tourism properties and renewed de...
DATE: Jul 20, 2011
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CATEGORY:
Economy
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The value of goods imported into Bermuda fell almost 10 percent in the first quarter, according to statistics released by Government yesterday.
The $219 million of goods that came in during the first three months of the year was $24 million less than...
DATE: Jul 19, 2011
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CATEGORY:
Economy
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The competition among Bermuda’s gold dealers has heated up with one trader expanding his services into selling bullion and jewellery.
Entrepreneur James Gilbert, the sole proprietor of Bermuda Gold Exchange, recently moved his drop box from Gorham’s ...
DATE: Jul 19, 2011
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CATEGORY:
Economy
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