49296 results returned for search: "" category ("Other" AND "Business")
Four companies whose bank accounts were frozen by the Supreme Court in September have filed suit against the online bank that deposited their money in an account at Bermuda Commercial Bank.
Lawyer Justin Williams filed the four separate writs against...
DATE: Dec 13, 2004
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The Three Little Pigs had very different ideas on home improvements. Two of them couldn't see problems ahead, much to the joy of the Big Bad Wolf. Some good professional advice and common sense could have helped them avoid total disaster.
When consid...
DATE: Dec 13, 2004
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The energy sector has improved dramatically in the last quarter as a robust demand from China assisted in the significant rise in resource prices.
High oil and gas prices are a concern as they increase operating expenses of most companies.
Therefore ...
DATE: Dec 13, 2004
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The Royal Gazette/Bermuda Stock Exchange Index last week fell 43.541 points to end the week at 3,180.12.
Bermuda Commercial Bank saw the highest volume of trading during the week with 23,562 shares changing hands while the share price fell 25 cents t...
DATE: Dec 13, 2004
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A number of local law firms are gearing up for a Supreme Court hearing on January 10 that involves $14 million held in an account in the name of Horizon Bank International Limited at Bermuda Commercial Bank. Earlier this year, the Supreme Court froze...
DATE: Dec 10, 2004
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"It seems like yesterday and I've enjoyed pretty much everything I've been involved in."
So says Glenn Titterton as he reflects on his 43-year career in Bermuda's local insurance industry. When he steps down as CEO of the BF&M Insurance Group to reti...
DATE: Dec 10, 2004
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(Bloomberg) ?Tyco International Ltd., the world?s biggest maker of security systems and electric connectors, will raise its quarterly dividend eightfold, the first increase in 12 years, as declining debt lets it return more cash to investors.
The div...
DATE: Dec 10, 2004
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Bermuda residents continued to pay out more in October with the average price of consumer goods being 3.7 percent higher than a year ago.
The high rate of inflation continued a trend seen through the year with each month recording a rate of price inf...
DATE: Dec 10, 2004
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(Bloomberg) HSBC Holdings Plc, Europe?s biggest bank by market value, said new international accounting rules that take effect next year will have a ?significant monetary impact? on its income statement.
The rules, which include an end to goodwill a...
DATE: Dec 10, 2004
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The Royal Gazette/Bermuda Stock Exchange Index yesterday gained 0.56 points to finish at 3,176.75.In the transportation sector, Bermuda Container Line saw 1,500 shares change hands while the share price advanced 25 cents to $11.75.
Among banks, Bermu...
DATE: Dec 10, 2004
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