75768 results returned for search: "" category "Business"
This week, I’m celebrating my one-year anniversary as chief executive officer at Hamilton Insurance Group. The last 12 months have flown by, jam-packed with meetings, conferences and discussions that moved us further down the path of writing the futu...
DATE: Jan 25, 2019
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CATEGORY:
Other
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Three stocks traded yesterday on the Bermuda Stock Exchange, but their prices all remained unchanged.
Ascendant Group was the most heavily traded stock, with 8,000 shares changing hands as it remained on $16.75.
BF&M closed unchanged on $16.06 as 2,5...
DATE: Jan 25, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Consumer electronics store P-Tech is moving house, but they’re not going far.
On Monday they will open their doors across the street at 2 Reid Street, on the corner of Queen Street and Reid Street.
George Grundmuller, president and CEO of The Phoe...
DATE: Jan 25, 2019
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
About a third of the staff at Tokio Millennium Re’s Bermuda operation will be let go after the company’s takeover by RenaissanceRe Holdings.
About two-thirds of the 69 employees have been offered new deals or transition opportunities, RenRe said yest...
DATE: Jan 24, 2019
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CATEGORY:
Reinsurance
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AirCare has installed Bermuda’s first nitrogen-generating plant.
Nitrogen is used frequently for installing, testing and cleaning air-conditioning systems as well as in specialist fire-suppression systems.
AirCare, which is owned by Ascendant Group...
DATE: Jan 24, 2019
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Butterfield Bank shares gained 2.2 per cent in Bermuda Stock Exchange trading.
The bank gained 75 cents to close on $34.50 as 146 shares traded.
Butterfield’s US-listed shares advanced 18 cents, or 0.53 per cent, to close on $34.35 in New York.
Asc...
DATE: Jan 24, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Today’s column addresses the substance and impact of recent amendments made to the Investment Funds Act 2006.
The Funds Act was amended by the Economic Substance Act 2018 and the Investment Funds Amendment Act 2018. The Substance Act became operativ...
DATE: Jan 24, 2019
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CATEGORY:
Other
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Nothing says come hither like a 4,300lb mobile pizza oven.
When J&B’s Wood Fired Pizza parked their oven on Kindley Field Road, St David’s for the first time three weeks ago, people lined up in the wind and rain.
“It was so windy that one kind cust...
DATE: Jan 24, 2019
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
One Communications was the most actively traded stock on the Bermuda Stock Exchange.
The telecommunications group closed unchanged on $3 as 5,400 shares changed hands.
Butterfield Bank was also unchanged on $35.50 as 300 of its shares traded. The ban...
DATE: Jan 24, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
The Chubb Building on Woodbourne Avenue is the first in Bermuda to be twice recertified as Leed Gold by the US Green Building Council.
Leed, or Leadership in Energy and Environmental Design, is a green building certification programme that recognis...
DATE: Jan 23, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff