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Bermuda Press Holdings Ltd.'s share price yesterday fell 28.7 percent to hit its lowest point since 2001.
The $3.45 fall, on the low volume of 3,600 shares, left the BPH share price at $8.55. BPH is the owner of The Royal Gazette, as well as a portfo...
DATE: Jun 03, 2010
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Financial regulator the Bermuda Monetary Authority says it is working with its US counterpart, the Securities and Exchange Commission, on the issue of Bernard Madoff "feeder funds".
Last week, London High Court judge David Kitchin said Bermuda-based ...
DATE: Jun 03, 2010
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AUTHOR:
Jonathan Kent
After Paul Hollis, 63, had his legs amputated, he assumed there was not much left to life.
He spent a lot of time remembering his childhood spent largely in the ocean off Spanish Point – little did he imagine that not only would he get back in the wa...
DATE: Jun 03, 2010
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WASHINGTON (Reuters) – US pending home sales hit a six-month high in April but falling demand for home loans pointed to ebbing activity in the vital housing market with the expiration of a popular tax credit for buyers.
The National Association of Re...
DATE: Jun 03, 2010
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LONDON (Reuters) – Tougher rules are needed to ensure financial stability, Bank of England Governor Mervyn King said yesterday, urging Britain's new government to "seize the opportunity" for banking reform.
In a foreword to be central bank's 2010 ann...
DATE: Jun 03, 2010
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Congratulations to:
Antony and Rosita Harris of Forest Hill Drive, Warwick whose 26th wedding anniversary is today.
DATE: Jun 03, 2010
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Dear Annie: My 21-year-old son, 'Charlie', a college junior, is dating a 16-year-old high-school sophomore. His father and I are sick with worry. We sat Charlie down and explained that he is being unfair to such a young girl and risking jail, as well...
DATE: Jun 03, 2010
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WASHINGTON (AP) — US Treasury Secretary Timothy Geithner yesterday looked past the collapse of an American International Group deal to sell off a subsidiary, saying the insurance giant has other options for paying back its $182 billion government bai...
DATE: Jun 03, 2010
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Caribbean leaders arrive in Bermuda today for a pre-conference meeting of the Overseas Territories Consultative Council (OTCC).
The meeting is the first of its kind to be held on the Island.
Premier Mckeeva Bush of the Cayman Islands and Premier Ralp...
DATE: Jun 03, 2010
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AUTHOR:
Owain Johnston-Barnes
LONDON (AP) – A study by accountant firm Ernst & Young shows that Britain remained Europe's top destination for foreign direct investment in 2009 – attracting more than a fifth of all new projects in the region.
The survey out Wednesday reveals inves...
DATE: Jun 03, 2010
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