49296 results returned for search: "" category ("Other" AND "Business")
Bermuda Aviation Services Ltd.'s share price soared 75 cents (14.28 percent) to $6 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The transportation company traded 962 shares throughout the day.
But Butterfield Bank fell five cent...
DATE: Nov 07, 2008
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ZURICH (Reuters) - The Swiss National Bank cut interest rates for the second time within a month yesterday to stem the rise in the Swiss franc and to revive the country's slowing economy, which it sees heading into recession.
The SNB said it had lowe...
DATE: Nov 07, 2008
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BOSTON (Reuters) - Fidelity Investments, the world's biggest mutual fund company, plans to cut 2.9 percent of its staff, or about 1,288 jobs, this month, followed by more lay-offs in the first three months of 2009, it said yesterday.
Beset by a slide...
DATE: Nov 07, 2008
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NEW YORK (Bloomberg) — Las Vegas Sands Corp., billionaire Sheldon Adelson's casino company, plunged in New York trading after saying it may default on debt and face bankruptcy.
The casino owner, which had $8.8 billion in long-term debt at the end of ...
DATE: Nov 07, 2008
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Bermuda-based Castlepoint Holdings Ltd. posted a net loss of $13.2 million in the third quarter of 2008 due mainly to exposure to Fannie Mae and Freddie Mac and Lehman Brothers Holdings Inc. investments and following its merger with Tower Group Inc.
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DATE: Nov 07, 2008
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Barack Obama's election as US president could bring an indirect boost to Bermuda business — if the Island's governing party embraces the message of inclusiveness that propelled the Democratic candidate to a resounding victory this week.
That is the v...
DATE: Nov 07, 2008
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AUTHOR:
Jonathan Kent
Bermuda-based Compensation Risk Managers (CRM) Holdings Ltd. suffered a $2.9 million net loss during the third quarter of 2008, mainly as a result of exposure to Lehman Brothers securities.
CRM, which provides a range of products and services for the...
DATE: Nov 06, 2008
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Divorce is not a pleasant topic, but unfortunately it can happen. We have heard anecdotes of divorces that have been made unnecessarily expensive, acrimonious and difficult by spouses fighting over a business. It need not be that way.
Choosing a path...
DATE: Nov 06, 2008
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Businesses were given an example of the latest state-of-the-art office furnishings after Inspiration Office showcased its new showroom at the official opening on Church Street last night.
The company, which is a subsidiary of office supplier AF Smit...
DATE: Nov 06, 2008
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Every Bermudian will be severely impacted by Barack Obama's election as US President if the new administration decides to target Bermuda as a tax haven.
That is according to Phil Barnett, president of the Chamber of Commerce, who congratulated Presid...
DATE: Nov 06, 2008
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