49296 results returned for search: "" category ("Other" AND "Business")
A Bermuda business leader this week cited the need for the Immigration Department to maintain flexibility in its approach to work permit policies following furore in the business community over policies that introduced strict term limits.
In an inter...
DATE: Oct 08, 2003
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More than 15,000 people - a quarter of the population of Bermuda - are eligible for a part of a $47.5 million class action settlement in the United States against Western Union.
The local users of Western Union's money transfer facility have been sen...
DATE: Oct 08, 2003
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Despite news of its impending demise, the Linux open source software operating system continues to attract corporate customers.
Hewlett-Packard and IBM have become major proponents of the software. This month HP offered users of Sun Microsystems Sola...
DATE: Oct 08, 2003
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Hamilton is to get a new “trendy” retail store for men and women on Reid Street - but the identity of the brand to be sold is being kept tightly under wraps.
The Hornburg Calypso group is opening up the latest in its chain of shops at the site of the...
DATE: Oct 08, 2003
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New insurance kid on the block Quanta is making its mark in rapid time.
The company, which only incorporated as a Bermuda company six weeks ago, has already gone global in scale with an announcement that the company's New York offices were officially...
DATE: Oct 07, 2003
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The Royal Gazette/Bermuda Stock Exchange Index yesterday fell 12.10 points to close at 2,710.25.
There were 2,000 Bermuda Commercial Bank Ltd. warrants traded and these moved up one cent to 16 cents.
Bank of Butterfield saw 500 of its shares move and...
DATE: Oct 07, 2003
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It is all back on. Trimingham Brothers Ltd. will finally be buying out arch-rival department store HA&E Smith after pulling out of the multi-million deal last month at the last moment due to financial complications.
Now the buyout will go ahead as pl...
DATE: Oct 07, 2003
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XL Capital this week refuted a recent newspaper article that reported it was involved in the financing of a proposed Mobile, Alabama housing project.
The project, which has not yet got off the ground, has been tainted by reports that it may have ties...
DATE: Oct 07, 2003
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Inflation is up to its highest rate - 3.4 percent - since 1991, according to figures released yesterday by Government.
The figures for the Consumer Price Index for August was up from 3.1 percent in July.
The CPI, which is used as a measure for infla...
DATE: Oct 07, 2003
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Asbestos claims probably will cut into insurance companies' profits this year as the industry narrows an estimated $20 billion gap in reserves for the claims, according to a report by A.M. Best Co.
“A.M. Best fully expects additional, sizeable asbest...
DATE: Oct 07, 2003
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