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First Curacao International Bank Ltd. (FCIB) has increased its stake in Bermuda Commercial Bank Ltd. by 3.6 percent.
Its share in the bank now rises from 46.14 percent (2,056.001 shares) to 49.74 percent (2,861,577 shares), the Bermuda Stock Exchange...
DATE: Jul 07, 2008
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Bermuda must protect citizens from discrimination on the basis of their sexual orientation or gender, British MPs have said.
The recommendation, made in a report into the governance of the British Overseas Territories, has been welcomed by equal righ...
DATE: Jul 07, 2008
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Bermuda and the other Overseas Territories should embrace freedom of information by introducing new laws, British MPs have said.
A UK report released yesterday into the governance of the overseas territories saw a cross-party group of MPs "strongly e...
DATE: Jul 07, 2008
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What was the funniest joke at Extreme Entertainment's comedy show at the Fairmont Southampton? The lack of seats for latecomers, that's what.
Yeah, I found it real hilarious having to stand at the back while everyone else was giggling away in the exp...
DATE: Jul 07, 2008
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Argus Group Holdings Ltd. boosted its earnings to $15.5 million for the year ended March 31, 2008, according to its latest financial results.
Net premiums earned also rose by 5.7 percent, reflecting the group's continuing efforts to achieve acceptabl...
DATE: Jul 07, 2008
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NEW YORK (AP) — The image of Ted Koppel interviewing world leaders is so ingrained that it feels odd to see him wearing a hardhat for a nervous trip into a Chinese coal mine, or sitting in a Chongqing karaoke bar where teenage girls are hired to "ent...
DATE: Jul 07, 2008
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LONDON (Reuters) - The euro hit a one-week lows versus the dollar on Friday, deflated after the European Central Bank (ECB) signalled it was not planning another rate rise and as US jobs data did not deliver a big downside surprise.
The ECB raised eu...
DATE: Jul 07, 2008
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Warren Buffett says that he is worried about stagflation. "We're right in the middle of it" he said, in an interview on Bloomberg. He is, of course, absolutely correct and leagues ahead of the denizens of Wall-Street analysts and economists who only ...
DATE: Jul 07, 2008
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The Royal Gazette/Bermuda Stock Exchange Index (BSX) saw $3.7 million worth of shares traded last week.
During the course of the week Watlington Waterworks Ltd. saw its share price drop $1, while Argus Group Holdings Ltd saw its share price drop 80 c...
DATE: Jul 07, 2008
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NEW YORK (Reuters) - It will be tough for Wall Street to shake off the bear market blues next week if the price of oil keeps rising and the earnings season kick-off from Alcoa and General Electric (GE) disappoints investors.
Earnings estimates for th...
DATE: Jul 07, 2008
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