49296 results returned for search: "" category ("Other" AND "Business")
Almost all of the 25 proxy voters who supported selling the Old Colony Club?s property to the Argus Group are now writing letters to retract their support, has learned.
It is understood that they are alleging that members who solicited their vote di...
DATE: Aug 15, 2006
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NEW YORK (Bloomberg) ? Intelsat Ltd., the world?s biggest commercial-satellite operator, reported a narrower second-quarter loss and said its combination with PanAmSat Holding Corp. is on schedule.
The net loss shrank to $42.7 million from $53.4 mill...
DATE: Aug 15, 2006
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The Royal Gazette/Bermuda Stock Exchange Index continued its strong performance from last week as it reached another all time high yesterday gaining 15.71 points to close at $5,164.75.
Argus was the only issue to change price, gaining 50 cents to clo...
DATE: Aug 15, 2006
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Weak sales for cars and clothes contributed to a 5.7 percent decline in retail sales in June as consumers spent $3.9 million less than the $64.2 million recorded last year.
According to figures released yesterday by the Department of Statistics, cons...
DATE: Aug 15, 2006
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NEW YORK (Bloomberg) ? Carnival Corp. and Royal Caribbean Cruises Ltd., the world?s two biggest cruise operators, had their full-year earnings estimates reduced by Credit Suisse because weaker demand for Caribbean voyages is forcing them to cut price...
DATE: Aug 15, 2006
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Local music stores are struggling to overcome the effects of a global slump in CD album sales as Internet piracy and illegal downloads cut sharply into revenues.
Music Box owner Eddie DeMello said bootleg CDs, Internet downloading and a new tech-savv...
DATE: Aug 15, 2006
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The Royal Gazette/Bermuda Stock Exchange Index reached an all time record last week with Belco pushing the Index up 255.910 points to close at 5,149.04.
Over the course of the week, Belco traded in 3,000 shares to close unchanged at $34.
Butterfield ...
DATE: Aug 14, 2006
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The so called Tax Reduction Act of 2006 effectively increased the US Federal individual income tax for US citizens residing in Bermuda. Many individual employees are wondering whether they would be better off if their employers had a tax equalisation...
DATE: Aug 14, 2006
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Media Tek Network Training
August 21-21. Network training is being offered by Media Tek Limited on Tuesday and Thursday evenings from 6 p.m. to 9 p.m.
For pricing and registration details call 296-9898 or visit www.mediatek.bm
Connecting With Your...
DATE: Aug 14, 2006
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RenaissanceRe senior vice president and treasurer Todd Fonner has been promoted to the positions of chief risk officer and chief investment officer.
RenaissanceRe CEO Neill Currie said: ?We are fortunate to have someone of Todd?s calibre to manage th...
DATE: Aug 14, 2006
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