2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
A furious telecommunications chief has hit back at a “misleading” statement by the Regulatory Authority of Bermuda that branded his firm as “anti-consumer and anti-competitive”.
Frank Amaral, CEO of One Communications, hit out after regulators knocke...
DATE: Jul 07, 2017
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda Air Conditioning’s construction arm has temporarily laid off four Bermudian staff.
The move is in addition to eight overseas employees made redundant over the past two months.
But management at the firm said the Bermudian layoffs were tempora...
DATE: Jul 07, 2017
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A new record of $24.5 billion in insurance-linked securities and other vehicles were listed on the Bermuda Stock Exchange by the middle of the year.
The 16 per cent increase on the $21.22 billion listed at the end of 2016 was hit at the end of June —...
DATE: Jul 06, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The telecommunications regulator has knocked back a bid by One Communications to charge between $200 and $500 in contract termination fees.
The Regulatory Authority branded the proposed charges for residential internet and broadband customers, as wel...
DATE: Jul 06, 2017
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Nearly half of property purchases at a leading estate agents this year were funded with cash.
And Coldwell Banker Bermuda Realty said that the average price paid last year was more than $975,000 up on the 2008 market peak of nearly $950,000.
Susan Th...
DATE: Jul 05, 2017
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Doing business online has surged among consumers worldwide — including Bermuda.
And the insurance sector globally has rocketed from being one of least used fintech services in 2015 to the second most popular this year.
Chris Maiato, advisory leader f...
DATE: Jul 04, 2017
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The island’s telecoms regulator is acting outside the law, a major player in the industry has claimed.
Now One Communications has gone to Supreme Court to seek a ruling that the Regulatory Authority of Bermuda has failed to keep up with its responsib...
DATE: Jul 04, 2017
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A long-established Hamilton bar is up for sale.
Casey’s, a fixture on Queen Street for more than 40 years, has been put on the market by owner Gladwyn Phillips.
Mr Phillips, who plans to retire after 40 years in the trade, said: “I’m just getting rea...
DATE: Jul 03, 2017
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A revolutionary amphibious boat has made its debut in Bermuda — thanks to the America’s Cup.
And the Sealegs boat — fitted with wheels to allow it to drive in and out of the water and used by emergency services around the world — has already attracte...
DATE: Jun 30, 2017
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Employment and business services firm Expertise is to hold a series of careers seminars for job-hunting new graduates.
Recent graduates who have already got a foot on the career ladder will be among those advising the latest graduates how to land the...
DATE: Jun 30, 2017
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor