49296 results returned for search: "" category ("Other" AND "Business")
REUTERS - Bermuda based Orient-Express Hotels Ltd., which owns luxury hotels throughout the world, warned that it is unlikely to meet its annual net income targets due to the sudden downturn in the leisure industry following the attacks on New York a...
DATE: Sep 27, 2001
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The Bank of N.T. Butterfield & Son Ltd. has selected a Chief Executive Officer to replace Calum Johnston and has no immediate plans to list shares of the Bank on a foreign exchange.
Speaking at the Annual General Meeting for shareholders at the Bermu...
DATE: Sep 27, 2001
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Bermuda Container Line, which owns and operates the Oleander, has seen profits soar by nearly 70 percent for the first six months of the year - but said that the immediate outlook for the company was very cloudy after the attacks on the US.
The ocean...
DATE: Sep 27, 2001
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John (Buddy) Ford, a former top cyclist in Bermuda, has taken over the massage therapist business of Robert Lightbourne and now offers 'A-Ford-Able' massages in every sense of the word.
Mr. Ford says his clients are everyday people - including busine...
DATE: Sep 27, 2001
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Capital G's deposit company (Gibbons Deposit Company) has lowered both its lending and deposit rates in response to recent events in the US and as a result of rate changes imposed by the Federal Reserve to help curb the slowdown in the US economy.
As...
DATE: Sep 26, 2001
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A.M. Best Co. yesterday lowered the financial strength rating of A (Excellent) to A- (Excellent) for Trenwick Group, Bermuda, removing it from under review and assigning it a negative rating outlook.
Additionally, A.M. Best has lowered its ratings on...
DATE: Sep 26, 2001
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Shares of Bermuda insurance giant XL Capital Ltd. may have been sold short by terrorists raising money for the attacks this month on Washington and New York, according to information released by the New York Stock Exchange to Reuters.
The Reuters sto...
DATE: Sep 26, 2001
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After a week on the prowl W32.Nimda.Amm, also known as Nimda, is still infecting computers running Microsoft Internet Explorer 5.01 and 5.5, and servers running Microsoft IIS 4.0 and 5.0.
So far the virus is soaking up as much as ten percent of the...
DATE: Sep 26, 2001
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The head of the Bank of N.T. Butterfield & Son Ltd has told employees the bank will be tightening its belt to reduce costs where available and staff hiring will be cut back with the prospect of a downturn in the Bermuda economy looming.
An open lette...
DATE: Sep 26, 2001
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The Royal Gazette/Bermuda Stock Exchange Index dropped 22.47 points or 0.95 percent yesterday to close at 2,335.34.
The Bank of Bermuda remained unchanged at $40 despite almost 30,000 shares changing hands, and the Bank of Butterfield lost $1 or 3.2 ...
DATE: Sep 26, 2001
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