49296 results returned for search: "" category ("Other" AND "Business")
The costly legal dispute over Digicel long distance is heating up again.
The parties were back in Supreme Court this week after long distance company TBI launched fresh legal action, this time against Government.
Despite Government claims in affidav...
DATE: Jan 05, 2012
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CATEGORY:
Other
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AUTHOR:
Jonathan Bell
Argus Group Holdings Ltd rose 0.96 percent (four cents) on The Bermuda Stock Exchange (BSX) yesterday.
The insurer traded 700 shares to close at $4.20.
Butterfield Bank also saw 10,000 common shares and 40 preference shares change hands, but their sh...
DATE: Dec 31, 2011
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Bermuda’s foreign-currency long-term sovereign credit rating has been lowered by Standard & Poor’s Ratings Services (S&P) who cited the Island’s lack of monetary flexibility as a credit weakness.
The ratings agency yesterday cut Bermuda’s local and ...
DATE: Dec 30, 2011
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CATEGORY:
Other
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In spite of the challenging global economy, Bermuda’s banks have certainly come to the aid of the community.
Between them, this year the Island’s retail banks have given more than $2 million to charities and staff have donated hundreds of hours to vo...
DATE: Dec 30, 2011
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Other
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Shoppers have been out in large numbers this week snapping up everything from jewellery to shoes in deeply discounted sales throughout the Island.
“I bought five pairs of shoes for $230,” said one happy shopper after her visit to Boyle’s on Queen Str...
DATE: Dec 30, 2011
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St. George’s business owners have asked Government for six fast ferry visits and shuttle buses from Dockyard in 2012 as they look to take a “new approach” to boosting tourism in the New Year.
Cheryl Hayward-Chew, head of the East End Division of the ...
DATE: Dec 29, 2011
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Bermuda’s hotels are pushing through a rough holiday party season, with the bad economy putting the brakes on annual office celebrations.
The Fairmont Southampton saw a 40-percent decline in office party bookings this December, while its sister hotel...
DATE: Dec 29, 2011
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CATEGORY:
Other
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Global Sources Ltd (Bermuda) has announced a management reshuffle set to be completed by the beginning of next year.
Peter Zapf, Global Sources’ chief operating officer, will move into his new role as chief information officer effective from January ...
DATE: Dec 29, 2011
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CATEGORY:
Other
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Billionaire hedge fund executive Steven Cohen is dipping his toe even further into the reinsurance market with the purchase of a 5.2 percent stake in Bermuda-based Validus Re.
This, according to a brief in BusinessWeek. The news comes on the heels o...
DATE: Dec 28, 2011
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CATEGORY:
Other
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At this time of year our thoughts often turn to festivities and presents but given the current economic crisis facing the Island making sure we help the needy is even more important than ever.
That is where local companies have really stepped up to t...
DATE: Dec 28, 2011
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CATEGORY:
Other
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