75798 results returned for search: "" category "Business"
There was trading in 12,000 shares of Argus Group Holdings Ltd on The Royal Gazette/BSX Index, but with no change to the closing price of $2.90.
In New York, shares of Butterfield Bank were up 65 cents, or 1.93 per cent, at $34.30.
The Royal Gazette/...
DATE: Nov 22, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Markel Corporation’s executive chairman Alan Kirshner is to step down next year after 60 years with the company.
Mr Kirshner, who has been Markel’s chairman for 33 years, will be replaced by Steve Markel, the vice-chairman.
US-based Markel, which has...
DATE: Nov 21, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
There is at least a one-in-three chance that Bermuda’s credit ratings could be raised a notch within the next year.
That is according to Standard & Poor’s, which has affirmed the island’s A+ ratings, with an outlook that remains positive.
The current...
DATE: Nov 21, 2019
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CATEGORY:
Other
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Hamilton Insurance Group and Axa XL have joined forces to sponsor Code441’s annual hackathon.
The event, which aims to teach local young people the fundamentals of coding, is to be held on December 20, 2019.
Between 50 and 75 young people will gath...
DATE: Nov 21, 2019
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CATEGORY:
Technology
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AUTHOR:
Business Staff
Lloyd’s of London announced a new campaign to encourage more people to speak up against “unacceptable behaviour”.
The campaign is part of a programme of measures put in place to “accelerate progress towards a culture of integrity, respect and inclusi...
DATE: Nov 21, 2019
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CATEGORY:
Reinsurance
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Growing up on a farm, Carlos Amaral often helped with chores, picking vegetables, bagging them or washing them.
But he never saw himself as becoming a farmer like his Azorean-born father Joseph.
“If I was working by the roadside, I’d hide if a bus ...
DATE: Nov 21, 2019
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
For many companies, outsourcing is essential in allowing them to cost effectively and efficiently provide their own services to clients.
However, there has been a growing appreciation by such companies of the potential risks involved when an organisa...
DATE: Nov 21, 2019
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CATEGORY:
Other
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Digicel’s credit ratings have been downgraded by Fitch Ratings, which expects the telecommunications group to restructure its debt within the next 18 months.
In commentary published last night, Fitch described Digicel’s capital structure as “unsustai...
DATE: Nov 21, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
Bermudian-based fintech outfit Velocity Ledger Technology Ltd has announced the beta launch of the Velocity News and Research Channel, an information hub to help investors navigate the rapidly evolving digital asset ecosystem.
The company said the p...
DATE: Nov 21, 2019
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CATEGORY:
Technology
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AUTHOR:
Duncan Hall
Shares of Butterfield Bank climbed 0.2 per cent in Bermuda Stock Exchange trading.
The bank gained five cents to close on $33.25 on the trading of 550 shares.
Butterfield’s US-listed shares fell three cents to close on $33.65 on the New York Stock Ex...
DATE: Nov 21, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff