49296 results returned for search: "" category ("Other" AND "Business")
One of Bermuda's two main insurance companies, BF&M, made profits of $8.9 million - despite the devastating effects of Hurricane Fabian in what the company called a “strong” performance.
Net income was down nine percent or $900,000 year-on-year after...
DATE: Apr 13, 2004
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The Royal Gazette/Bermuda Stock Exchange Index closed up 11.84 points yesterday to finish at 3,271.87
BF&M Ltd. recorded the greatest activity with 3,022 shares changing hands while investors pushed up the price 85 cents to $15.85.
In the banking sec...
DATE: Apr 13, 2004
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Bermuda's rate of inflation edged up slightly to 3.1 percent in February, according to Government figures released yesterday.
The chief cause of the increase was said to be a jump in the average cost of electricity. February's rate was only moderatel...
DATE: Apr 13, 2004
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Fabian continues to claim victims with businessman Richard Powell blaming the hurricane for his decision to close his community grocery store in Ord Road, Warwick.
Mr. Powell has run Lines Food and Liquor Mart for ten years, but he said Fabian has wi...
DATE: Apr 13, 2004
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Staff morale at the Bank of Bermuda took a knock last week when a total of 71 redundancies were announced.
Staff speaking with The Royal Gazette yesterday, on condition of anonymity, said they and their colleagues were concerned about job security af...
DATE: Apr 13, 2004
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US Senate Republicans said last week they would try again to reform the asbestos litigation system with a reworked proposal introduced on Wednesday, but acknowledged they faced an uphill battle.
Last month reported that asbestos reform was set to be ...
DATE: Apr 12, 2004
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An announcement is expected to be made today or tomorrow on whether the Island is to get four new radio stations.
Minister of Tourism, Telecommunications and E-commerce, Renee Webb is expected to hold a Press conference to say whether Christian, jazz...
DATE: Apr 12, 2004
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Gosling?s is set to launch its new Gold Rum later on this week ? and is working on creating new products to keep expanding its lines.
Malcolm Gosling, president of Gosling?s Export (Bermuda) Ltd., on Thursday took the first bottles off the production...
DATE: Apr 12, 2004
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A division of insurer Ace USA of Philadelphia was selected as the exclusive provider of international property and casualty insurance to members of the Florida Association of Insurance Agents. The FAIA has 1,200 members who will have access to intern...
DATE: Apr 12, 2004
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The Royal Gazette/Bermuda Stock Exchange index closed down 18 points this week after a quiet week of trading.
Bank of Butterfield lost 25 cents to close at $44.50 and KeyTech lost 50 cents to finish at $14.50. But Bermuda Container Line gained 5 cent...
DATE: Apr 12, 2004
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