6856 results returned for search: "" category "Business" author Business Staff
Digicel’s credit ratings have been downgraded by Fitch Ratings, which expects the telecommunications group to restructure its debt within the next 18 months.
In commentary published last night, Fitch described Digicel’s capital structure as “unsustai...
DATE: Nov 21, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
Shares of Butterfield Bank climbed 0.2 per cent in Bermuda Stock Exchange trading.
The bank gained five cents to close on $33.25 on the trading of 550 shares.
Butterfield’s US-listed shares fell three cents to close on $33.65 on the New York Stock Ex...
DATE: Nov 21, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Shares of HSBC Holdings fell 15 cents, or 2.01 per cent, after 3,837 traded on The Royal Gazette/BSX Index.
Meanwhile, on the New York Stock Exchange, shares of Butterfield Bank were down seven cents, or 0.21 per cent, at $33.68.
The Royal Gazette/BS...
DATE: Nov 20, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
With three new hotels opening by 2021, experts predict Bermuda will need more people working in the food and beverage industry.
To fill the gap hospitality industry partners have come together to form a new initiative to attract more job seekers to ...
DATE: Nov 20, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
No shares traded on the Bermuda Stock Exchange, leaving The Royal Gazette/BSX Index unchanged on 2,217.02.
Butterfield Bank’s US-listed shares gained nine cents, or 0.27 per cent, to close at $33.58 on the New York Stock Exchange, as 109,378 shares c...
DATE: Nov 19, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
Artex Risk Solutions has completed the purchase of insurance-linked securities specialists Horseshoe Insurance Services Holdings Ltd, the company announced today.
Artex said the acquisition significantly strengthens its ILS operations and furthers t...
DATE: Nov 19, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based re/insurer Hamilton Insurance Group Ltd has announced that it is placing Acappella Syndicate 2014 into run-off.
Acappella is a third-party-capital-supported Lloyd’s syndicate included in Hamilton’s recent acquisition of Pembroke Manag...
DATE: Nov 19, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Schools and parents hold the key to breaking down preconceived ideas about the roles available to women in the cybersecurity space, a panel of experts told an audience in Bermuda.
Moreover, panellists said, relatable female role models from the cyber...
DATE: Nov 19, 2019
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CATEGORY:
Technology
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AUTHOR:
Business Staff
Butterfield Bank shares improved 20 cents, or 0.6 per cent, to $33.20 after 300 traded on The Royal Gazette/BSX Index. That was enough to lift the index by nine points, or 0.41 per cent, to 2,226.02.
In New York, Butterfield’s shares were up 17 cents...
DATE: Nov 19, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
A new chief executive officer is to lead Bermudian-based Sompo International Holdings Ltd from the start of the new year.
Mikio Okumura will assume the role on January 1, taking over from Nigel Frudd, subject to regulatory approvals.
He will report t...
DATE: Nov 19, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff