49296 results returned for search: "" category ("Other" AND "Business")
The Royal Gazette/Bermuda Stock Exchange Index dropped yesterday as Bank of Butterfield shares fell.
The Index fell 11.02 points to 2,174.99 on volume of 21,168 shares worth $652,190.
Bank of Butterfield dropped 50 cents to $30.75 on volume of 21,168...
DATE: Nov 01, 2002
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Retailers are hoping Sunday opening hours can be relaxed after a 'difficult' sales period over the last year.
But as they wait for a Government move on the issue, shopkeepers are pinning their hopes on the re-launch of the 'Buy Bermuda' campaign to g...
DATE: Nov 01, 2002
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AUTHOR:
Carla Zuill
Troubled Bermuda-based Trenwick Group Ltd. announced this week that it will cease underwriting US specialty programme insurance business.
The news follows the announcement of an agreement to create an underwriting facility with Chubb Re, and a downgr...
DATE: Nov 01, 2002
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French reinsurer Scor, whose Bermuda subsidiary Commercial Risk Partners faces $100 million in losses, said yesterday that following credit downgrades it will "address all the issues raised by the rating agencies" within two weeks, Dow Jones Newswire...
DATE: Nov 01, 2002
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Financial advisor W.P. Stewart & Co. Ltd.'s net income for the third quarter dropped 28.9 percent to $14 million from $19.7 million.
Bermuda-based W.P. Stewart recorded earnings of 31 cents per shares for the three months to September 30 compared to ...
DATE: Nov 01, 2002
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There was good and bad news for Hannover Re (Bermuda) Ltd. this week. The good news was that it received a double A counterparty credit and financial strength rating from agency Standard & Poor's. The bad news was that it was immediately placed on "c...
DATE: Nov 01, 2002
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Bermuda Bakery Ltd.'s profits for the first nine months of the year dropped $42,677 or 8.2 percent, the company reported yesterday.
Bermuda Bakery chairman James Pearman said the unaudited results for the nine months to September 30 showed that the c...
DATE: Nov 01, 2002
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Management guru Tom Peters, the author of the bestselling business book `In Search Of Excellence', is to come to Bermuda in November to give his vision of how the world economy is likely to change.
Mr. Peters will speak to various sectors of the busi...
DATE: Nov 01, 2002
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Local business are being warned that a new virtual postcard from Friend Greetings, owned by a company called Permissioned Media, acts in exactly the same fashion as a virus. The programme first appeared last Thursday.
The programme prompts users to i...
DATE: Nov 01, 2002
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Pegasus print and maps shop is closing down after 33 years in business. Proprietor, Robert Lee, says that the two main reasons for the closure are the escalating costs of running a small business and decreasing tourist business. As he puts it: "Touri...
DATE: Nov 01, 2002
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