2670 results returned for search: "" category "Other" author Raymond Hainey, Assistant News Editor
A Bermuda bank has launched a charity drive as part of a plan to underline the spirit of Christmas.
The Capital G ‘Holiday Giving Back’ — the seventh of its type — aims to raise funds for the charity Meals on Wheels.
Capital G president and CEO Ian T...
DATE: Nov 05, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The former chairman of drinks giant Bacardi has died, the company announced on Monday.
Manuel Jorge Cutillas, the first chairman of the group of Bacardi firms that formed Bacardi Ltd in 1992, was 81.
Facundo L. Bacardi, the present chairman, said: “...
DATE: Nov 05, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda is expected to fork out more than 60 percent of the costs of the UK’s largest peacetime fire and explosion, Minister of Finance Bob Richards said yesterday.
Bermuda-based firms are likely to be liable for 62 percent of the claims resulting fr...
DATE: Nov 05, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A reborn business specialising in bulk buying is doing a roaring trade — thanks to the recession.
Edward Correia and business partner Octavio Mendonca opened A&M Bulk after they bought out the former Fresh N New in Smiths just four months ago.
And Mr...
DATE: Nov 04, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A deep-sea treasure-hunting firm part-owned by former Premier David Saul is at the centre of a storm after a US fund manager said it was run to benefit its executives, not its shareholders.
But Odyssey Marine Exploration (OMEX) hit back and branded t...
DATE: Nov 04, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
IT firm Ignition has appointed a new manager as part of an expansion programme.
Julian Wojtecki has joined the firm’s Bermuda office as managed services account manager.
He said: “I am excited to join the Ignition team. Ignition has distinguished it...
DATE: Nov 01, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Shops on Hamilton’s Queen Street are to take part in a Hallowe’en spectacular tonight aimed at children in costume.
The Boo Bash, organised by clothing store Daisy & Mac, will see several retailers open late and hand out candy and gifts to trick or t...
DATE: Nov 01, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Sparks flew yesterday as solar energy suppliers hit back at power firm Belco over an agreement to buy back excess power generated by the sun.
A spokesman for the Bermuda Sustainable Energy Association (BSEA) dismissed claims by Belco that the industr...
DATE: Nov 01, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Commercial users of solar power already export electricity to power firm Belco, but they don’t get paid for it, an industry expert said yesterday.
Tim Madeiros — boss of Alternative Energy Systems (AES) — said he had been working for four years to th...
DATE: Oct 31, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Reinsurance giants XL yesterday posted a net income of $135.6 million for the third quarter of the year, figures from the company revealed.
But the firm also recorded natural catastrophe pre-tax losses net of reinsurance and reinstatement premiums of...
DATE: Oct 31, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor