6753 results returned for search: "" category "Business" author Business Staff
Businesses seeking to provide electronic communication services on-island have been invited to submit their application to the Regulatory Authority of Bermuda.
The Regulatory Authority of Bermuda, which oversees the island’s electronic communications...
DATE: Oct 30, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
The Regulatory Authority of Bermuda is seeking feedback from consumers regarding its review of the island’s electricity sector.
Monique Lister, director of legal services at the RA, said: “As the regulator for the electricity sector, we want to ens...
DATE: Oct 30, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
Shares of One Communications Ltd improved by nine cents, or 2.6 per cent, to $3.60 after 200 traded on The Royal Gazette/BSX Index.
Also improving were shares of Argus Group Holdings, which moved up one cent, or 0.4 per cent, to $2.71, after 12,000 c...
DATE: Oct 30, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Lawyers Jamie Rego and Bradley Houlston have joined the Bermuda office of international law firm Appleby.
Mr Rego, a Bermudian, returns to the firm’s corporate department after working for an Australian firm. He completed his pupillage with Appleby i...
DATE: Oct 29, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
Colonial Pension Services is to hold a seminar looking at the impact on market returns of global issues such as trade wars, civil unrest, impeachment and Brexit.
Julie Hendrickson-Simons, client services specialist at Colonial Pension Services, said:...
DATE: Oct 29, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
Arch Capital Group Ltd has reported a profit of $382.1 million, or 92 cents per share, for the third-quarter. That is up from $217 million, or 53 cents per share, for the same period last year.
After-tax operating income was $261 million, or 63 cents...
DATE: Oct 29, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Food vendors are being sought for the next year’s Carifta Games being held in Bermuda.
Craig Tyrrell, the National Sports Centre’s operations manager, said: “This is a great opportunity for vendors as I am sure Bermudians will come out in force to wa...
DATE: Oct 29, 2019
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Shares of HSBC Holdings Plc fell 30 cents, or 3.87 per cent, to $7.45 after 178 traded on The royal Gazette/BSX Index.
Meanwhile, in New York, shares of Butterfield Bank were up 43 cents, or 1.29 per cent, at $33.65.
The Royal Gazette/BSX Index was u...
DATE: Oct 29, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
RenaissanceRe Holdings Ltd saw its profit rise to $36.7 million, or 83 cents per diluted common share, in the third-quarter.
That was up from $32.7 million, or 82 cents per share, a year ago.
The Bermudian-based company’s earnings were negatively imp...
DATE: Oct 29, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Everest Re Group Ltd’s after-tax operating income in the third-quarter was $138.4 million, or $3.39 per share, which beat analysts’ estimates of $2.21.
However, its net profit was almost halved, at $104.4 million, compared to $198.4 million a year ag...
DATE: Oct 29, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff