76292 results returned for search: "" category "Business"
Shares of BF&M Ltd fell 75 cents, or 3.9 per cent, to $18.25 after 100 traded on The Royal Gazette/BSX Index.
There was also trading in 8,600 shares of One Communications Ltd, but with no change to the closing price of $3.75.
On the New York Stock Ex...
DATE: Mar 03, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Shares of Butterfield Bank were down $1.75, or 5.9 per cent, at $28 after 1,100 traded on The Royal Gazette/BSX Index.
In New York, the bank’s shares were down $1.52, or 5.23 per cent, at $27.54.
The Royal Gazette/BSX Index was down 78.71 points, or ...
DATE: Mar 03, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Chris Downey is to succeed Sanjoy Mukherjee as managing director and chief executive officer of Everest Reinsurance (Bermuda) Ltd, the organisation’s parent company announced.
Everest Re Group Ltd said Mr Mukherjee would transition from his Bermuda r...
DATE: Mar 03, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
In an effort to provide customers with savings on groceries, The MarketPlace has launched a programme that gives access to “20 to 30 quality items” at low prices each month.
This will be in addition to its normal bi-weekly specials, the company said....
DATE: Mar 03, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Two Bermudian chefs, fresh off their collaboration with international culinary star Eric Adjepong, are launching a weekly culinary experience to carry forward January’s sell-out Restaurant Weeks dinner.
After teaming up with Mr Adjepong of Bravo TV’s...
DATE: Mar 03, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Requiring first-time homebuyers to live in their property for three years before receiving stamp duty relief has seen sales under a government programme “grind to a halt”, a leading real estate industry figure said.
Sharon Cranfield, chairwoman of th...
DATE: Mar 02, 2020
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CATEGORY:
Other
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AUTHOR:
Duncan Hall
The Bermuda office of London-based re/insurance specialist Neon is to remain open for at least another four months, a spokesperson said.
“Neon is keeping an office open until at least June as it manages an orderly run off,” she said.
It was announced...
DATE: Mar 02, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
HSBC Bermuda’s net profit rose 3 per cent to $143 million last year.
Total operating income before expected credit losses was $281 million, in line with the prior year.
The bank said decreases in net interest income were offset by higher net fee inco...
DATE: Mar 02, 2020
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CATEGORY:
Other
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Entrepreneurs in the Ignite Bermuda hub are encouraged to keep constant tabs on the health of their businesses. Now, they have been reminded to focus on their own wellbeing, too.
Adriene Berkeley is a chartered psychologist and registered neuroscient...
DATE: Mar 02, 2020
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
A deal that presents the opportunity for Athene Holding Ltd to be included in a major S&P index, such as the S&P 500, has been concluded.
The Bermudian-based retirement services company has concluded a “strategic transaction” with its partner Apollo ...
DATE: Mar 02, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff