Business Business en-us Take the financial stress out of holidays Its the most wonderful time of the year, which means holiday shopping is under way! If youre a spender like me, your head is spinning with all the upcoming festivities. The holidays are such a magical time of year, but I think we can all agree theyre not-so-magical for our wallets. Its easy to lose sight of what matters during this. .. Sat, 17 Nov 2018 08:00:00 EST Court House to expand and add rowing studio Court House Squash and Wellness is to open Bermudas first rowing studio and increase its fitness centre space. The development will take place at the Court Houses Victoria Street site, where the fitness centre will take over the space currently occupied by its sister company, Anis Nail and Beauty Lounge, in the former home of the. .. Fri, 16 Nov 2018 08:00:00 EST Argus and BFM slide Shares of Argus Group Holdings Ltd fell 35 cents, or 9,1 per cent, to 3. 50 after 2,000 traded on The Royal GazetteBSX Index. The BFampM Ltd fell 34 cents, or 2. 1 per cent, to 16. 06 after 1,000 changed hands. There was also trading of 1,500 shares of Ascendant Group Limited, but with no change to the closing price of. .. Fri, 16 Nov 2018 18:03:00 EST Government in 500m debt sale Bermuda is preparing to sell at least 500 million in new notes next week, the Latin Finance website reported. The manoeuvre is aimed at refinancing government debt in an effort to lock in a favourable interest rate, while also meeting additional borrowing requirements. The website reported that the Government had worked with global. .. Fri, 16 Nov 2018 08:00:00 EST New Haus units offered at below 400,000 Developers are about to break ground on a condominium project in Hamilton Parish that will offer new homes for less than 400,000. Gilbert Darrells GSpace is the company behind the Haus development on Seon Drive, off North Shore Road, close to Shelly Bay. Six units on the half-acre site are priced at 395,000 each and are designed. .. Thu, 15 Nov 2018 08:00:00 EST Storm losses drive PartnerRe to 106m loss Claims relating to major storms drove PartnerRe Ltd to a net loss of 106 million for the third quarter. The Bermudian reinsurer said it had racked up 120 million in pre-tax losses from typhoons Jebi and Trami and Hurricane Florence. The net loss compared to a net loss of 84 million for the same period of 2017. The quarter. .. Thu, 15 Nov 2018 12:25:00 EST Free event to feature Preston economic model The economic rejuvenation of the English town of Preston through community wealth building has attracted much attention in recent years. Julian Manley, one of strategists behind the ongoing economic transformation of Preston, will speak at an event staged by the Bermuda Economic Development Corporation next week. Next Tuesdays. .. Thu, 15 Nov 2018 08:00:00 EST BSX Insurance Index gains nearly 2 The Royal GazetteBSX Index closed unchanged on 2,377. 25 on a day when no stocks traded. Butterfield Bank gained strongly in New York trading, with its US-listed shares gaining 1. 07, or 2. 74 per cent, to close on 40. 13. Bermudian reinsurance companies surged, causing the BSX Insurance Index to climb 29. 09 points, or 1. 95 per. .. Thu, 15 Nov 2018 18:18:00 EST Bermudians get London training with Kennedys Two young Bermudians have launched their legal careers as trainee solicitors with the London office of the international law firm, Kennedys. Katherine Freisenbruch and Alex Cooper will spend two years learning the practical aspects of the profession during four seats in different practice areas within the firm before graduating as. .. Thu, 15 Nov 2018 08:00:00 EST Hamilton CEO Albo to speak in BII event Hamilton Insurance Group CEO, Pina Albo, is to take part in a fireside chat to discuss the Bermuda insurance market next week. Tuesdays event, organised by the Bermuda Insurance Institute, is the latest in its ongoing Womens Series which aims to identify and help remove roadblocks preventing women from having an increased presence. .. Thu, 15 Nov 2018 17:07:00 EST New insurance accounting standard delayed Insurers will get an extra year to prepare for a new accounting standard. Implementation of IFRS International Financial Reporting Standard 17 is set to be put back to January 1, 2022, after a meeting of the International Accounting Standards Board. The decision is subject to IASB due process. Damian Cooper, IFRS 17 leader at PwC. .. Thu, 15 Nov 2018 08:00:00 EST Planning sensible holiday spending ltbgtIn the first of his regular monthly columns, Bill Storie, chief executive of The Olderhood Group, urges us to think about how holiday spending fits into our long-term financial plans. ltbgt Every year the allure of Christmas gets earlier and earlier. Television commercials, store promotions, newspaper adverts, even street. .. Thu, 15 Nov 2018 08:00:00 EST Real estate guide for international buyers While most Bermuda residences are reserved for Bermudians, international purchasers are important for Bermudas economy. International purchasers are typically categorised into the following sectors Individuals who do not possess Bermuda status. Individuals who do not possess Bermuda status but hold a permanent. .. Thu, 15 Nov 2018 08:00:00 EST Polaris reports 1.01m profit Polaris Holding Company Ltd has made a six-month profit of 1. 01 million, or 85 cents per share. That is down on the 1. 15 million reported for the same period last year, when the economic stimulus associated with the islands hosting of the Americas Cup boosted revenue for the company. However, the six-month performance is. .. Wed, 14 Nov 2018 08:00:00 EST Butterfield shares fall 1 in New York No stocks traded on the Bermuda Stock Exchange. The Royal GazetteBSX Index closed unchanged on 2,377. 25. While Butterfield Banks shares did not trade on Victoria Street, the banks US-listed shares did trade on Wall Street, falling 44 cents, or 1. 1 per cent, to close on 39. 06. The BSX Insurance Index took a tumble, sliding. .. Wed, 14 Nov 2018 17:42:00 EST