1610 results returned for search: "" category "Business" author David Fox, Business Editor
A bankruptcy judge this week delves into key issues in the worst municipal bankruptcy in US history.
And in the middle is a Bermuda insurer whose holding company lists a Bermuda cabinet minister as a director.
The case is scheduled to go to trial in ...
DATE: Jun 23, 2014
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Tourism and government officials are earnestly seeking to negotiate more visits from smaller cruise ships for the Hamilton and St George’s ports.
They are scheduled to meet this summer with top executives from several cruise lines. But with America’s...
DATE: Jun 23, 2014
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
An oversubscribed initial public offering (IPO) for Bermuda-registered Markit Ltd is a vote of confidence for the Island, a partner in a leading local law firm said yesterday.
The IPO was the fourth largest IPO in the US this year and values the ent...
DATE: Jun 20, 2014
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Obtaining as much as $150 million in financing, juggling staffing issues and building and siting what could be a $300-million new infrastructure to feed Belco’s power plant are some of the hurdles in front of Bermuda’s electricity company.
Belco must...
DATE: Jun 19, 2014
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
The path to a cleaner energy supply at a lower cost to the consumer could begin soon with “smart meters” for every home in Bermuda, together with conservation education.
But it won’t come until Belco and government strike a deal determining how the b...
DATE: Jun 19, 2014
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
After 50-years of continuous membership in the Institute of Directors (IoD), the Bermuda branch of the century-old organisation has honoured well known business and political figure, Jeffrey Christopher Astwood — he is more commonly known simply as J...
DATE: Jun 19, 2014
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
It was the “clash of the titans” yesterday, as two powerful corporate boards squared off in another round of a public battle for control of Bermuda-based Aspen Insurance Holdings Limited.
The battle royal began anew as Aspen sent new filings to the S...
DATE: Jun 18, 2014
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Domestic insurer BF & M has reported a sizeable increase in first quarter earnings and raised its dividend to shareholders.
But the company downplayed the earnings jump as derived from one-off revenues, as they outlined how income was increasingly re...
DATE: Jun 18, 2014
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Bermuda has again been singled out and labelled “a tax haven” by US legislators as they last week attached an amendment to US federal funding measures, seeking to block federal contracts to former American companies involved in corporate inversions.
...
DATE: Jun 17, 2014
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
The Bermuda Commercial Bank has a new home.
The bank completed the acquisition of the city property the LP Gutteridge building on Par-la-Ville Road in Hamilton, according to a half-year earnings statement of its parent company, Somers Limited.
The Be...
DATE: Jun 17, 2014
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
