Business http://www.royalgazette.com Business en-us BDA expert urges students to seize IB opportunities <img src="/storyimage/RG/20141128/BUSINESS02/141129696/AR/0/AR-141129696.jpg" width="100" align="left" /></a> Bermudas international business students can take advantage of new business opportunities, a Bermuda Business Development Agency expert said yesterday. BDA business development manager Sean Moran said There are a lot business opportunities out there right now, which is exciting. Bermuda has a unique value proposition thanks to. .. http://www.royalgazette.com/article/20141128/BUSINESS02/141129696&source=RSS Thu, 27 Nov 2014 23:33:00 GMT http://www.royalgazette.com/article/20141128/BUSINESS02/141129696&source=RSS <img src="/storyimage/RG/20141128/BUSINESS02/141129696/AR/0/AR-141129696.jpg" width="100" align="left" class="main-image" /></a> Bermudas international business students can take advantage of new business opportunities, a Bermuda Business Development Agency expert said yesterday. BDA business development manager Sean Moran said There are a lot business opportunities out there right now, which is exciting. Bermuda has a unique value proposition thanks to. .. New takeout restaurant offers wings in wild flavours <img src="/storyimage/RG/20141128/BUSINESS03/141129697/AR/0/AR-141129697.jpg" width="100" align="left" /></a> Dakia OBriens new takeout restaurant Wild Wing Wednesday will celebrate its grand opening tomorrow when Member of Parliament for the area Michael Weeks will cut the ribbon and officially launch an already successful and popular business, in an event which will be covered by Irie FM98. 3 radio station. Her business Dae N Night Catering. .. http://www.royalgazette.com/article/20141128/BUSINESS03/141129697&source=RSS Thu, 27 Nov 2014 23:33:00 GMT http://www.royalgazette.com/article/20141128/BUSINESS03/141129697&source=RSS <img src="/storyimage/RG/20141128/BUSINESS03/141129697/AR/0/AR-141129697.jpg" width="100" align="left" class="main-image" /></a> Dakia OBriens new takeout restaurant Wild Wing Wednesday will celebrate its grand opening tomorrow when Member of Parliament for the area Michael Weeks will cut the ribbon and officially launch an already successful and popular business, in an event which will be covered by Irie FM98. 3 radio station. Her business Dae N Night Catering. .. Decliners dominate trading on BSX The Royal GazetteBermuda Stock Exchange closed down 3. 37 to end the days trading at 1,367. 62. There were three decliners, and one advancer. A total of 41,894 shares traded at a value of 126,054. 31. The Bank of NT Butterfield was unchanged at 1. 99 after 26,894 shares changed hands, and KeyTech was also steady at 3. 75. Some 6,400. .. http://www.royalgazette.com/article/20141128/BUSINESS06/141129698&source=RSS Thu, 27 Nov 2014 23:04:00 GMT http://www.royalgazette.com/article/20141128/BUSINESS06/141129698&source=RSS The Royal GazetteBermuda Stock Exchange closed down 3. 37 to end the days trading at 1,367. 62. There were three decliners, and one advancer. A total of 41,894 shares traded at a value of 126,054. 31. The Bank of NT Butterfield was unchanged at 1. 99 after 26,894 shares changed hands, and KeyTech was also steady at 3. 75. Some 6,400. .. EY expert Asset management potential huge for Island <img src="/storyimage/RG/20141128/BUSINESS02/141129699/AR/0/AR-141129699.jpg" width="100" align="left" /></a> The potential for growth in Bermudas international business from the asset management sector is huge, according to industry expert Jessel Mendes. Mr Mendes, a partner with global professional services firm EY, said the foundations for expansion had been laid and a concerted effort was needed to bring asset managers to the. .. http://www.royalgazette.com/article/20141128/BUSINESS02/141129699&source=RSS Thu, 27 Nov 2014 22:58:00 GMT http://www.royalgazette.com/article/20141128/BUSINESS02/141129699&source=RSS <img src="/storyimage/RG/20141128/BUSINESS02/141129699/AR/0/AR-141129699.jpg" width="100" align="left" class="main-image" /></a> The potential for growth in Bermudas international business from the asset management sector is huge, according to industry expert Jessel Mendes. Mr Mendes, a partner with global professional services firm EY, said the foundations for expansion had been laid and a concerted effort was needed to bring asset managers to the. .. Freedom of speech is not unlimited under the law <img src="/storyimage/RG/20141128/BUSINESS/141129700/AR/0/AR-141129700.jpg" width="100" align="left" /></a> Myth #26 All speech is protected by a persons right to freedom of speech. We all say things that we regret. Usually, this results in an apology, which is hopefully accepted, and then we move on with our lives. However, there are times when things are said in public and those things can seriously harm an individual or even the public. .. http://www.royalgazette.com/article/20141128/BUSINESS/141129700&source=RSS Thu, 27 Nov 2014 22:30:00 GMT http://www.royalgazette.com/article/20141128/BUSINESS/141129700&source=RSS <img src="/storyimage/RG/20141128/BUSINESS/141129700/AR/0/AR-141129700.jpg" width="100" align="left" class="main-image" /></a> Myth #26 All speech is protected by a persons right to freedom of speech. We all say things that we regret. Usually, this results in an apology, which is hopefully accepted, and then we move on with our lives. However, there are times when things are said in public and those things can seriously harm an individual or even the public. .. Common standards for automatic exchange of information are on their way <img src="/storyimage/RG/20141128/BUSINESS02/141129701/AR/0/AR-141129701.jpg" width="100" align="left" /></a> On 13 February 2014, the Organisation for Economic Co-operation and Development OECD released a framework document for the Common Reporting Standard CRS, which is intended to become the new global standard for automatic exchange of financial information covering bank accounts and other financial assets held offshore as part of ongoing. .. http://www.royalgazette.com/article/20141128/BUSINESS02/141129701&source=RSS Thu, 27 Nov 2014 22:30:00 GMT http://www.royalgazette.com/article/20141128/BUSINESS02/141129701&source=RSS <img src="/storyimage/RG/20141128/BUSINESS02/141129701/AR/0/AR-141129701.jpg" width="100" align="left" class="main-image" /></a> On 13 February 2014, the Organisation for Economic Co-operation and Development OECD released a framework document for the Common Reporting Standard CRS, which is intended to become the new global standard for automatic exchange of financial information covering bank accounts and other financial assets held offshore as part of ongoing. .. Hedge fund managers concerned over cyber security <img src="/storyimage/RG/20141127/BUSINESS02/141129729/AR/0/AR-141129729.jpg" width="100" align="left" /></a> Hedge fund managers have cyber security fears and are facing increasing demand from investors for customised services. Those are among the findings of a report on the global industry by EY, entitled Shifting Strategies Winning investor assets in a competitive landscape. Cyber security and use of cloud-based services is high on. .. http://www.royalgazette.com/article/20141127/BUSINESS02/141129729&source=RSS Thu, 27 Nov 2014 00:05:00 GMT http://www.royalgazette.com/article/20141127/BUSINESS02/141129729&source=RSS <img src="/storyimage/RG/20141127/BUSINESS02/141129729/AR/0/AR-141129729.jpg" width="100" align="left" class="main-image" /></a> Hedge fund managers have cyber security fears and are facing increasing demand from investors for customised services. Those are among the findings of a report on the global industry by EY, entitled Shifting Strategies Winning investor assets in a competitive landscape. Cyber security and use of cloud-based services is high on. .. BEDC Women run most small businesses More than two-thirds of Bermudas small businesses are run by women entrepreneurs, according to Bermuda Economic Development BEDC figures. The figures were highlighted by Home Affairs Minister Michael Fahy at the end of Global Entrepreneurship Week in Bermuda, which included an awards ceremony to honour 54 people who have started their. .. http://www.royalgazette.com/article/20141127/BUSINESS03/141129730&source=RSS Thu, 27 Nov 2014 00:04:00 GMT http://www.royalgazette.com/article/20141127/BUSINESS03/141129730&source=RSS More than two-thirds of Bermudas small businesses are run by women entrepreneurs, according to Bermuda Economic Development BEDC figures. The figures were highlighted by Home Affairs Minister Michael Fahy at the end of Global Entrepreneurship Week in Bermuda, which included an awards ceremony to honour 54 people who have started their. .. Troncossi recruits former New York PR consultant <img src="/storyimage/RG/20141127/BUSINESS03/141129731/AR/0/AR-141129731.jpg" width="100" align="left" /></a> A former New York public relations consultant has signed up with Bermuda firm Troncossi. Maroussia Czarny has joined the firm as a public relations consultant. Troncossi chief Liz Tee said Having worked on PR campaigns for well-recognised global companies, Maroussia brings big-agency experience that will be invaluable to the. .. http://www.royalgazette.com/article/20141127/BUSINESS03/141129731&source=RSS Thu, 27 Nov 2014 00:03:00 GMT http://www.royalgazette.com/article/20141127/BUSINESS03/141129731&source=RSS <img src="/storyimage/RG/20141127/BUSINESS03/141129731/AR/0/AR-141129731.jpg" width="100" align="left" class="main-image" /></a> A former New York public relations consultant has signed up with Bermuda firm Troncossi. Maroussia Czarny has joined the firm as a public relations consultant. Troncossi chief Liz Tee said Having worked on PR campaigns for well-recognised global companies, Maroussia brings big-agency experience that will be invaluable to the. .. Firm offers device to allow mobile credit cards payments <img src="/storyimage/RG/20141127/BUSINESS03/141129732/AR/0/AR-141129732.jpg" width="100" align="left" /></a> A new hi-tech device designed to transform tablets or smart phones into mobile tills has made its debut in Bermuda. And Bermuda firm Data Tech specialists in automated retail systems said the new system, believed to be a first for the Island, offers mobility, ease of use and security for sales people on the move. Data Techs. .. http://www.royalgazette.com/article/20141127/BUSINESS03/141129732&source=RSS Thu, 27 Nov 2014 00:03:00 GMT http://www.royalgazette.com/article/20141127/BUSINESS03/141129732&source=RSS <img src="/storyimage/RG/20141127/BUSINESS03/141129732/AR/0/AR-141129732.jpg" width="100" align="left" class="main-image" /></a> A new hi-tech device designed to transform tablets or smart phones into mobile tills has made its debut in Bermuda. And Bermuda firm Data Tech specialists in automated retail systems said the new system, believed to be a first for the Island, offers mobility, ease of use and security for sales people on the move. Data Techs. .. Retailers offering huge Black Friday discounts <img src="/storyimage/RG/20141127/BUSINESS03/141129733/AR/0/AR-141129733.jpg" width="100" align="left" /></a> If youre getting up before the sun on Black Friday morning to purchase a 50 pair of boots, which Perrys Footwear amp Collections is offering but only between 5am and 7am then coffee and perhaps a chourico and egg sandwich from the new Baked cafe in the Bermudiana Arcade open from 2am could be in order. Black Friday looks set. .. http://www.royalgazette.com/article/20141127/BUSINESS03/141129733&source=RSS Thu, 27 Nov 2014 00:01:00 GMT http://www.royalgazette.com/article/20141127/BUSINESS03/141129733&source=RSS <img src="/storyimage/RG/20141127/BUSINESS03/141129733/AR/0/AR-141129733.jpg" width="100" align="left" class="main-image" /></a> If youre getting up before the sun on Black Friday morning to purchase a 50 pair of boots, which Perrys Footwear amp Collections is offering but only between 5am and 7am then coffee and perhaps a chourico and egg sandwich from the new Baked cafe in the Bermudiana Arcade open from 2am could be in order. Black Friday looks set. .. BSX unchanged at 1370.88 The biggest mover was Bank of Butterfield, which saw 15,000 shares sold, leaving the share price unchanged at 1. 99. And 600 shares in insurance firm BFampM also sold, leaving its closing price also unchanged at 18 a share. The Index closed unchanged at 1370. 88. The BSX Insurance Index closed up 5. 06 points at 1531. 13, an. .. http://www.royalgazette.com/article/20141127/BUSINESS06/141129749&source=RSS Wed, 26 Nov 2014 23:11:00 GMT http://www.royalgazette.com/article/20141127/BUSINESS06/141129749&source=RSS The biggest mover was Bank of Butterfield, which saw 15,000 shares sold, leaving the share price unchanged at 1. 99. And 600 shares in insurance firm BFampM also sold, leaving its closing price also unchanged at 18 a share. The Index closed unchanged at 1370. 88. The BSX Insurance Index closed up 5. 06 points at 1531. 13, an. .. Quiet trading day for BSX <img src="/storyimage/RG/20141126/BUSINESS06/141129784/AR/0/AR-141129784.jpg" width="100" align="left" /></a> The Royal GazetteBermuda Stock Exchange closed unchanged at 1,370. 98 yesterday afternoon. BFampM Ltd was the only trader with 2,000 shares changing hands, the stock closing at a steady 18. 00. The value of the days trading was 36,000. 00. http://www.royalgazette.com/article/20141126/BUSINESS06/141129784&source=RSS Wed, 26 Nov 2014 12:47:00 GMT http://www.royalgazette.com/article/20141126/BUSINESS06/141129784&source=RSS <img src="/storyimage/RG/20141126/BUSINESS06/141129784/AR/0/AR-141129784.jpg" width="100" align="left" class="main-image" /></a> The Royal GazetteBermuda Stock Exchange closed unchanged at 1,370. 98 yesterday afternoon. BFampM Ltd was the only trader with 2,000 shares changing hands, the stock closing at a steady 18. 00. The value of the days trading was 36,000. 00. AIG trial testimony concludes with flurry of documents <img src="/storyimage/RG/20141126/BUSINESS04/141129776/AR/0/AR-141129776.jpg" width="100" align="left" /></a> NEW YORK Bloomberg The Federal Reserve Bank of New Yorks legal advisers sought to devise ways to avoid accountability to shareholders in the 2008 bailout of American International Group, according to evidence introduced at the end of trial testimony over terms of the rescue. We succeeded in finding a structure that allows the trust. .. http://www.royalgazette.com/article/20141126/BUSINESS04/141129776&source=RSS Wed, 26 Nov 2014 01:28:00 GMT http://www.royalgazette.com/article/20141126/BUSINESS04/141129776&source=RSS <img src="/storyimage/RG/20141126/BUSINESS04/141129776/AR/0/AR-141129776.jpg" width="100" align="left" class="main-image" /></a> NEW YORK Bloomberg The Federal Reserve Bank of New Yorks legal advisers sought to devise ways to avoid accountability to shareholders in the 2008 bailout of American International Group, according to evidence introduced at the end of trial testimony over terms of the rescue. We succeeded in finding a structure that allows the trust. .. A2Z Fashions and Heaven Sent Boutique stage joint opening <img src="/storyimage/RG/20141126/BUSINESS03/141129777/AR/0/AR-141129777.jpg" width="100" align="left" /></a> Two Hamilton businesses held a joint grand opening, as A2Z Fashions and Heaven Sent Boutique combined. The Queen Street businesses are run collectively by Joy Hunt, Angel Burgess, and Niketa Lambert who all owned individual businesses before forming their partnership. Home Affairs Minister Michael Fahy and Bermuda Economic. .. http://www.royalgazette.com/article/20141126/BUSINESS03/141129777&source=RSS Wed, 26 Nov 2014 01:27:00 GMT http://www.royalgazette.com/article/20141126/BUSINESS03/141129777&source=RSS <img src="/storyimage/RG/20141126/BUSINESS03/141129777/AR/0/AR-141129777.jpg" width="100" align="left" class="main-image" /></a> Two Hamilton businesses held a joint grand opening, as A2Z Fashions and Heaven Sent Boutique combined. The Queen Street businesses are run collectively by Joy Hunt, Angel Burgess, and Niketa Lambert who all owned individual businesses before forming their partnership. Home Affairs Minister Michael Fahy and Bermuda Economic. ..