49296 results returned for search: "" category ("Other" AND "Business")
The Barbados Advocate yesterday reported that its double taxation treaty with the United States has been under increasing pressure.
It reported that a high-level Barbados team was in Washington D.C. at the weekend for key talks on the agreement.
The ...
DATE: Oct 21, 2003
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Retailers suffered a further blow in August as residents and visitors bought 1.4 percent less than the year before at the height of what is supposed to be a busy tourist season.
A high rate of inflation at 3.4 percent (the highest since 1991), increa...
DATE: Oct 21, 2003
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Shares in Bermuda Bakery yesterday gained 20 percent as the little traded shares rose $5 to $30.
This movement pushed up The Royal Gazette/Bermuda Stock Exchange index by 0.05 percent or 1.47 points to 2,687.78 on a volume of 650 shares worth $13,850...
DATE: Oct 21, 2003
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Bermuda-based insurance giant XL Capital warned on Friday that third-quarter earnings will be less than half current estimates as a result of a $160 million after-tax charge to boost loss reserves.
The company has said that its profits will be about ...
DATE: Oct 20, 2003
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Bermuda telecoms company Flag Telecom has been bought by India's largest private equity group for $207 million.
The international provider of bandwidth was bought up by the Reliance Group and represents the biggest ever overseas purchase by an Indian...
DATE: Oct 20, 2003
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This week's market sector focuses on Consumer Staples. Just what exactly are consumer staples, you ask? This is sometimes referred to as the 'survival' sector in that, no matter what the economy is doing, these basic necessities will still be bought....
DATE: Oct 18, 2003
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The Royal Gazette/Bermuda Stock Exchange lost 26 points yesterday after Bank of Bermuda shares dropped a dollar.
Bermuda's largest bank fell to $39 on Friday, trading only 300 shares after after reaching a new 52 week high of $40 a week earlier.
This...
DATE: Oct 18, 2003
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With the closing of Bermuda Bakery making production facility, came the loss of long-term jobs. And for those of us who remember the heavenly aroma of fresh bread wafting over Hamilton all the years we've been in town, it's another kind of loss - tha...
DATE: Oct 18, 2003
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XL Re Ltd. announced that Dieter Kohl has been appointed to the new position of senior vice president and continental European casualty manager.
Mr. Kohl will be based in London, England, and will report to David Watson, executive vice president and ...
DATE: Oct 17, 2003
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A trend for insurers to cede more and more of the risk on their books to reinsurers could sustain a capacity crunch, but it also means there is plenty of business to be had by Bermuda reinsurers.
This perspective was given by industry veteran and CEO...
DATE: Oct 17, 2003
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