76294 results returned for search: "" category "Business"
Shares of Butterfield bank improved by $1.03, or 2.9 per cent, to $36 after 6,100 traded on The Royal Gazette/BSX Index.
On the New York Stock Exchange, the bank’s shares were up 75 cents, or 2.09 per cent, at $36.58
The Royal Gazette/BSX Index was u...
DATE: Dec 12, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Digitisation is changing the world in good, bad and ugly ways.
Exactly how was spelled out by Richard Hoehne, global leader, counter fraud and financial crimes, at IBM Global Business Services.
He said on the good side, digitisation is making life ea...
DATE: Dec 11, 2019
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CATEGORY:
Other
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Integrated communications agency AAC has been awarded the advertising concession for the new airport terminal, Skyport announced today.
AAC will be responsible for advertising in the new terminal at LF Wade International Airport using a range of medi...
DATE: Dec 11, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
West Hamilton Holdings Ltd achieved its best ever annual operating income and jacked up its dividend by 50 per cent.
But the company booked a net loss of $8.8 million because of a $10 million writedown of the value of its property.
West Hamilton own...
DATE: Dec 11, 2019
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Argus Group Holdings Ltd’s made net earnings of $3.9 million for the first six months of its fiscal year and said government healthcare reform cost its business about $2 million.
The insurer’s net income fell from $10 million in the corresponding per...
DATE: Dec 11, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Colin Targett has been appointed managing director of the Bermuda and Cayman Islands offices of global investor services group IQ-EQ.
The company says the strategic new hire follows other senior appointments announced in recent months evidencing the ...
DATE: Dec 11, 2019
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermuda as an international business jurisdiction has never before faced as many challenges and potential game changers as it does today.
Its character will be severely tested, and there are things it must do to remain relevant in the changing world,...
DATE: Dec 11, 2019
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CATEGORY:
Reinsurance
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Bermuda has been awarded reciprocal jurisdiction status by the United States’ National Association of Insurance Commissioners.
As a result, Bermuda’s re/insurers will be eligible for zero collateral relief, thereby operating under equal conditions as...
DATE: Dec 11, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Shares of Ascendant Group, parent of Belco, improved 10 cents, or 0.3 per cent, to $30 after 200 traded on The Royal Gazette/BSX Index.
On the New York Stock Exchange, shares of Butterfield Bank were down 24 cents, or 0.69 per cent, at $34.76.
The Ro...
DATE: Dec 10, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
More than 200 people attended an open house to learn more about business opportunities in the Town of St George.
The event, held during the National Trust Christmas Walkabout on Friday at Pub on the Square, was hosted by the East End division of the ...
DATE: Dec 10, 2019
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall