2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
A top bank economist has predicted the US Federal Reserve will jack up interest rates next June.
HSBC’s Ryan Wang said the likely move signalled recovery in the American economy — and a divergence of policy from Europe and Japan.
New York-based Mr Wa...
DATE: Oct 13, 2014
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AUTHOR:
Raymond Hainey, Assistant News Editor
The man at the centre of the biggest fraud probe in US corporate history yesterday spoke at a meeting of compliance specialists in Bermuda.
Andrew Fastow, the former chief financial officer at energy firm Enron, which collapsed in 2001, told Bermuda’...
DATE: Oct 10, 2014
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Royal Gazette/BSX Index closed unchanged at 1378.12 yesterday with just 1400 shares in telecoms firm KeyTech changing hands.
The shares — worth a total of $5250 — left KeyTech’s share price also unchanged at $3.75.
The BSX Insurance Index ended t...
DATE: Oct 10, 2014
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Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
Staff at a Bermuda reinsurance firm have signed up to help youngsters with reading problems.
Now employees from Hiscox will spend time working for charity YouthNet as reading mentors.
The firm pitched in after senior vice-president for underwriting R...
DATE: Oct 09, 2014
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AUTHOR:
Raymond Hainey, Assistant News Editor
XL Group’s chief executive for reinsurance is to step down at the end of the year.
The firm announced yesterday US-based Jamie Veghte — who has been with the company for more than 20 years — is to retire.
XL chief executive Mike McGavick paid tribute...
DATE: Oct 09, 2014
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Royal Gazette/BSX closed yesterday down 5.83 points (0.42 per cent) at 1378.12 after 15,900 shares worth a total of $65,655 changed hands.
The biggest mover was comms firm KeyTech, which saw 7800 shares changed hands, leaving the firm’s share pri...
DATE: Oct 09, 2014
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
Communications firm Logic has teamed up with a cyber security firm to cut down on the risk of computer crime.
The firm has signed a deal with international company Masergy to help protect networks from hackers.
Logic CEO Vicki Coelho said: “More and ...
DATE: Oct 09, 2014
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermudian who is counting on becoming an actuary got a step closer to her dream job with a scholarship from financial services firm Deloitte.
Cynarra Phillips has been awarded the 2014 award — worth $20,000 — after the former CedarBridge Academy pu...
DATE: Oct 08, 2014
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AUTHOR:
Raymond Hainey, Assistant News Editor
A taste of success with a secret seasoning has inspired a young chef to create two new recipes.
Michiko Campbell — whose Chiko’s Smokey Rub has sold more than 2,500 bottles since it was launched in the summer — is to introduce a special seasoning for...
DATE: Oct 08, 2014
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AUTHOR:
Raymond Hainey, Assistant News Editor
Financial services firm PwC yesterday posted global revenues of $34 billion — a six per cent hike on the previous year.
Figures for the year to the end of June showed increases across the business — with a three per cent increase in the firm’s assura...
DATE: Oct 08, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
