1610 results returned for search: "" category "Business" author David Fox, Business Editor
Clarien Bank Limited has named former US Consul General to Bermuda, Gregory Slayton, to its board as an independent director.
The bank said in a statement that his appointment is consistent with Clarien’s strategy for achieving international growth a...
DATE: Jun 13, 2014
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David Fox, Business Editor
A liquid balance sheet and high capital levels has garnered the Bermuda Commercial Bank affirmation of its Long- and Short-term Issuer Default Ratings (IDRs) of ‘BBB-/F3’ and a stable rating outlook from Fitch Ratings.
It came with some concerns and ...
DATE: Jun 13, 2014
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AUTHOR:
David Fox, Business Editor
A proposal to drag Belco power generation into the 21st century could eventually cost half a billion dollars, the company said in an interview yesterday.
It would include, in one of the first stages, an ambitious multiyear plan to begin mounting sola...
DATE: Jun 13, 2014
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David Fox, Business Editor
White Mountains Insurance Group, Ltd. is entering the $15-billion a year travel insurance market in a 50/50 joint venture with DavidShield for the development, marketing and distribution of travel insurance worldwide.
The product will be based on the...
DATE: Jun 12, 2014
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David Fox, Business Editor
The Ascendant Group will soon unveil a multiyear energy plan which they say will revolutionise the Island’s power supply and begin transitioning Bermuda toward cleaner, more efficient and lower cost energy production.
Ascendant, the owner of electric...
DATE: Jun 12, 2014
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AUTHOR:
David Fox, Business Editor
Ignition Technology Group Ltd has developed a new Rapid Technology Platform to help start-up firms, including new Insurance Linked Securities (ILS) Companies, establish a ready-to-use technology environment.
An offshore financial cloud service and ma...
DATE: Jun 12, 2014
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AUTHOR:
David Fox, Business Editor
Bermuda businesses involved in export are now eligible for a market support scheme operated by UK Trade & Investment.
This was announced by Governor George Fergusson, speaking to the Chamber of Commerce yesterday.
The programme, Overseas Market Intro...
DATE: Jun 11, 2014
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AUTHOR:
David Fox, Business Editor
More clarity may be emerging in the prospects for the Newstead Belmont Hills Golf Resort & Spa, after more than three years of receivership.
The Royal Gazette was yesterday unable to confirm that all or parts of the resort will be brought out of rece...
DATE: Jun 11, 2014
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AUTHOR:
David Fox, Business Editor
Journalists have uncovered a Bermuda connection to sensational claims of political intrigue and suspicion involving a UK university — claims which invade the corridors of power in the People’s Republic of China.
In today’s edition, UK national newspa...
DATE: Jun 11, 2014
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AUTHOR:
David Fox, Business Editor
The diplomat at the centre of the UK takeover of the Turks and Caicos Islands amid a corruption scandal five years ago is heading to Bermuda to share his story, joining a top executive who was jailed over the Enron scandal.
They both will be speakers...
DATE: Jun 10, 2014
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AUTHOR:
David Fox, Business Editor
