2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
Bermuda’s IT sector contributed more than $220 million to the Island’s economy last year.
Information technology made up 3.9 per cent of the gross domestic product (GDP) — a total of $222 million — according to a report from the Department of Statist...
DATE: Oct 08, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
International telecoms firm Digicel is to block online adverts from third parties.
The move — a first for mobile operators — means online advertising companies like Google, Facebook and Yahoo will now have to pay to deliver adverts to their subscribe...
DATE: Oct 07, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
International telecoms firm Digicel has ditched a public offering of shares expected to raise as much as $2 billion.
The firm said that volatility in equity markets was behind the decision to drop the initial public offering (IPO) due to price today....
DATE: Oct 07, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda’s IT sector contributed more than $220 million to the Island’s economy last year.
Information technology made up 3.9 per cent of the gross domestic product (GDP) — a total of $222 million — according to a report from the Department of Statist...
DATE: Oct 07, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Reinsurance group Validus Holdings faces a near-$64 million estimated bill for two natural disasters in China and Chile.
The Chilean earthquake last month and the massive explosion in China’s Tianjin in August has cost the company’s Validus Re and Ta...
DATE: Oct 06, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The US company due to take over support operations at Bermuda’s airport yesterday pledged to retain all 40 staff from outgoing contractor BAS Serco.
Atlanta-based CI² beat BAS Serco, which has held the contract for 20 years and will take over at the ...
DATE: Oct 06, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
US telecoms firn Atlantic Tele-Network (ATN) has taken a majority stake in Bermuda’s KeyTech.
The move means KeyTech will combine with wireless services firm CellOne to create a major provider of mobile, fixed and international telecoms services on t...
DATE: Oct 06, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A US-based company has won the contract to provide support services at Bermuda’s airport, The Royal Gazette can reveal.
CI² Aviation, based in Atlanta, Georgia, beat BAS Serco to provide support services at the LF Wade International.
Airport general ...
DATE: Oct 02, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A major conference on the trust industry featuring international speakers is due to be held later this month.
The Bermuda branch of the Society of Trust and Estate Practitioners (Step) event will focus on major changes affecting the trust business an...
DATE: Oct 02, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based insurance holding company Athene Holding has completed the acquisition of a German life insurance firm.
Athene bought Delta Lloyd Deutschland AG (DLD) and its subsidiaries from Dutch-based Delta Lloyd.
Athene Holding CEO James Belardi s...
DATE: Oct 02, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
