49296 results returned for search: "" category ("Other" AND "Business")
While the number of cruise ship visitors have remained the same since last year, shopkeepers say their profits are not increasing. And Premier and Tourism Minister Ewart Brown warned things could get worse.
Dr. Brown unveiled the tourist arrival stat...
DATE: Aug 05, 2008
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In the July 25 edition of The Royal Gazette Chamber of Commerce president Phil Barnett said duty free shopping for tourists would help a struggling retail division.
During his interview he said: "At the moment there are no advantages to buying a Role...
DATE: Aug 05, 2008
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Axis Capital Holdings Ltd. reported record net investment income of $137 million, which jumped 21 percent.
The news came in the company's quarterly results statement which reported a net income of $231 million for the second quarter, down eight perce...
DATE: Aug 05, 2008
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The Bacardi Store has officially opened its retail store on Bay Street in Nassau, Bahamas.
The grand opening by the Bermuda-based company featured the international launch of Bacardi® Reserva Limitada, a rare aged rum never before sold outside of its...
DATE: Aug 05, 2008
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Bermuda Aviation Services Ltd. (BAS) has received a further setback in its long-running case against Government after the date for a decision by arbitration was moved back two months.
BAS took Government to court back in June 2007, filing a writ agai...
DATE: Aug 05, 2008
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Butterfield Bank recorded a $16.5 million net loss during the second quarter of 2008, as it took a $50 million charge on investments hit by the credit crisis.
The loss, which was down from a profit of $35.9 million for the same period last year, was ...
DATE: Aug 05, 2008
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Flagstone Reinsurance Holdings Ltd. saw its profits almost triple during the second quarter of 2008 as the class of 2005 reinsurer continued to expand its business.
The Bermuda-based company's net income rose to $41.9 million, or 49 cents per share, ...
DATE: Aug 05, 2008
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The North-East Hamilton Economic Empowerment Zone (EEZ) will provide traders dealing in illicit activities with the chance to redeem themselves and make money legally.
That is according to Finance Minister Paula Cox, who was speaking at a meeting abo...
DATE: Aug 05, 2008
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Bermuda Stock Exchange-listed property company Fabian Romania Ltd. boosted its net asset value (NAV) per share by six cents for the year to date, despite falling six cents for the second quarter 2008.
The Alternative Investment Market-listed investor...
DATE: Aug 05, 2008
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Butterfield Bank boosted its share price by 25 cents (1.69 percent) to close at $15 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank traded 2,300 shares throughout the day.
The only other traders were Kentucky Fried Chicken...
DATE: Aug 05, 2008
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