2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
International telecoms firm Digicel has completed the takeover of the Bermuda Telephone Company (BTC), it was confirmed yesterday.
Digicel Bermuda CEO Robin Seale said: “This is an exciting time for Digicel Bermuda and BTC as together we are better p...
DATE: Jun 02, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Insurance and reinsurance giant Ace has launched its 12-week summer intern programme.
A total of six students are to join the firm for the Ace Select scheme, now in its third year.
Ace Bermuda chief administration officer Samantha Froud said: “We are...
DATE: Jun 02, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bank of Butterfield is to look at listing its shares in either the US or the UK, as well as Bermuda.
Butterfield chairman and CEO Brendan McDonagh said that after the buy-back of shares from Canadian bank CIBC earlier this year the bank was looki...
DATE: Jun 01, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Insurance group Hamilton yesterday opened their new offices in the Waterfront centre.
And group CEO Brian Duperreault said the new building underlined the firm’s commitment to Bermuda.
He added: “Bermuda is our home — we feel so much at home in Bermu...
DATE: May 29, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Retail sales went up by more than two per cent in March compared to the same time last year.
And the sale of vehicles showed the largest growth — up by more than a quarter (26.4 per cent).
Analysts said the increase was due to a leap in demand for mo...
DATE: May 28, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
A chef has cooked up a new business idea — selling electronic equipment and other goods at US prices.
Heinz Kleissner. a chef at Miles Market in Pembroke, took the plunge and is to open new store Hot Buys on Friday after selling computers and other e...
DATE: May 27, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The UK government has set up a special task force to snatch lucrative catastrophe bond insurance-linked securities business from Bermuda.
The British Government — then a Conservative/Liberal Democrat coalition — signalled in its budget last March tha...
DATE: May 27, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The European Commission has cleared the proposed merger between Axis and PartnerRe.
The Commission said the deal did not breach European antitrust regulations — the last competition-related hurdle the two reinsurance firms had to clear.
A statement f...
DATE: May 27, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda Monetary Authority (BMA) veteran has been appointed the organisation’s chief operations officer.
Shanna Lespere, who has worked in a variety of roles in her more than a decade with the Island’s financial watchdog, moves from her current pos...
DATE: May 26, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The new-look Hamilton Princess has signed up 200 new employees as it gears up for the summer season.
And further job opportunities are still available across a range of hotel departments.
The new staff — who will be employed mostly in the food and be...
DATE: May 26, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
