49296 results returned for search: "" category ("Other" AND "Business")
The current state of the economy and future business is a big worry for shopkeepers and retailers alike across Bermuda.
Many traders in Hamilton and St. George's voiced their concerns about the slowdown in trade in recent weeks and months, as borne o...
DATE: Aug 22, 2008
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When Bermuda-based insurance giant XL Capital Ltd. announced just before Cup Match that it was going to axe 47 local jobs, it sent shock waves through the community.
The Island has got used to its international business sector being an uninterrupted ...
DATE: Aug 22, 2008
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Other
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AUTHOR:
Jonathan Kent
Any notions that Bermuda could be somehow immune from the global economic downturn have been well and truly dispelled in recent months.
With inflation having reached an 18-year high this spring, electricity bills more than 20 percent higher than they...
DATE: Aug 22, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
LONDON (AP) - Spanair's fatal plane crash in Madrid could prove costly for the unprofitable carrier, but a strong insurance package is likely to insulate the airline from the excesses of potential compensation payouts and a grounding of its fleet.
An...
DATE: Aug 22, 2008
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Bermuda has long been known as an affluent destination for discerning Americans, so it came as no shock when the Premier announced a weakening US economy has caused arrivals to fall.
Overall visitor arrivals slipped by more than four percent in the f...
DATE: Aug 22, 2008
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NEW YORK (AP) - Wall Street closed mixed yesterday after investors largely shrugged off a jump in oil prices and focused instead on a bullish analyst call on Lehman Brothers Holdings Inc. that eased worries about the financial sector.
Stocks ended of...
DATE: Aug 22, 2008
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KeyTech Ltd. dropped 95 cents (7.03 percent) to close at $12.55 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The utilities company also traded 300 shares throughout the day.
Butterfield Bank also saw 3,140 shares change hands, a...
DATE: Aug 22, 2008
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LONDON (AP) - Members of the Bank of England's committee that sets interest rates are largely in agreement on policy, minutes from the group's August meeting revealed yesterday - though two members disagreed with the decision to leave rates unchanged...
DATE: Aug 21, 2008
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XL Insurance, the global insurance operation of XL Capital Ltd., announced the appointment of Harry Mahler to a newly created post to direct global product management. Mr. Mahler will be based in Hartford, reporting to XL Insurance's chief underwriti...
DATE: Aug 21, 2008
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Three Bermuda-connected insurance companies are named on the "dirty list" of insurers claimed to have written business in Burma in a report published by a human rights group.
The Burma Campaign UK had initially named a fourth - XL Capital Ltd. - but ...
DATE: Aug 21, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
