537 results returned for search: "" category ("Economy" AND "Business")
C-Travel has been the subject of takeover interest from three large travel operators, according to CEO Carl Paiva.
Mr Paiva said that the companies had each expressed an interest in buying his firm but nothing had been confirmed as yet.
He said that ...
DATE: Apr 05, 2011
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CATEGORY:
Economy
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HSBC Bank Bermuda has been named the Best Bank in Bermuda for 2011 by Global Finance magazine.
The bank was recognised for carefully attending to their customers’ needs in difficult markets and accomplishing better results while laying the foundation...
DATE: Apr 05, 2011
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CATEGORY:
Economy
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Bermuda needs to build another pillar to its economy in order to adapt to a changing global market, according to Premier and Finance Minister Paula Cox.
Ms Cox, who was the keynote speaker at the 2011 American Central Securities Depositories Associat...
DATE: Mar 25, 2011
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CATEGORY:
Economy
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The disaster that devastated Japan this month has not had any significant impact on one of Bermuda’s top auto dealers which does business with a number of the country’s vehicle manufacturers.
HWP Group president Jonathan Brewin said that despite the ...
DATE: Mar 24, 2011
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CATEGORY:
Economy
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Government intends to pay back $210 million of public debt by 2016 by apparently almost emptying the Sinking Fund.
Premier Paula Cox told the House of Assembly on Friday that the fund - established for the purpose of paying down Government debt - was...
DATE: Mar 21, 2011
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CATEGORY:
Economy
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Government has announced plans to build a Bermuda specific model for all future economic forecasting after having missed badly with its growth predictions for 2010.
The report, which was released last month, revealed that the Island’s gross domestic ...
DATE: Mar 21, 2011
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CATEGORY:
Economy
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Two insurance companies set up in Bermuda during February bringing the total number formed this year to three.
Signal Risk Insurance Ltd was incorporated by Aon Insurance Manager (Bermuda) Ltd. on February 10.
Haverford (Bermuda) Ltd, a 3A class insu...
DATE: Mar 14, 2011
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CATEGORY:
Economy
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The annual rate of inflation hit 2.2 percent during January 2011, according to the latest figures released by Government.
The Consumer Price Index revealed that inflation was at its lowest since August 2010 when it was two percent.
The health and per...
DATE: Mar 14, 2011
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CATEGORY:
Economy
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HSBC Bermuda's net pre-tax profit rose 15 percent to $254 million in 2010, boosted by a one-off gain from the sale of a subsidiary.
Underlying profit - which strips out the $31 million booked from the transfer of HSBC Insurance (Bermuda) Ltd to anoth...
DATE: Mar 04, 2011
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CATEGORY:
Economy
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NEW YORK (AP) A federal appeals panel reviewing a compensation plan for former clients of disgraced financier Bernard Madoff cast doubt on claims by the embattled owners of the New York Mets and other investors that they have a right to keep millions...
DATE: Mar 04, 2011
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CATEGORY:
Economy
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