77031 results returned for search: "" category "Business"
Dear Dave,
Recently, the garage where I worked for a long time went out of business. I have a lot of my own tools, and I was thinking about taking out a loan of around $20,000 to buy a few extra tools I need to open my own garage. It’s always been a ...
DATE: Mar 09, 2019
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CATEGORY:
Personal Finance
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Chubb Ltd has received approval from the China Banking and Insurance Regulatory Commission to increase the company’s ownership in Huatai Insurance Group Company Ltd to 26.2 per cent.
That is up from its current 20 per cent and, as a result of the inc...
DATE: Mar 08, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
A meeting of European Union ambassadors will today consider whether Bermuda and nine other jurisdictions should be added to the EU’s blacklist of non-cooperative tax jurisdictions.
The meeting was scheduled to have been held on Wednesday, but was pos...
DATE: Mar 08, 2019
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CATEGORY:
Other
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Dirt and dust cake the smoked glass doors and windows of Victoria Hall, while trash litters an approach area of overgrown shrubs.
The doors are locked; there is no one inside. At the front entrance, an overflowing cigarette butt receptacle is so rust...
DATE: Mar 08, 2019
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CATEGORY:
Other
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Ascendant Group Ltd’s core earnings dropped 10 per cent to $18.3 million last year as electricity sales slipped.
Net income plunged 73 per cent, to $5.4 million from $20.2 million in 2017, driven by a one-off $12.8 million restructuring charge, relat...
DATE: Mar 08, 2019
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CATEGORY:
Local Business
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The annual rate of inflation fell to 0.8 per cent in November last year — the lowest rate of increase in the cost of living recorded since June 2016.
The Consumer Price Index, which measures price movements through a basket of goods and services, fou...
DATE: Mar 08, 2019
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CATEGORY:
Economy
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AUTHOR:
Business Staff
Ascendant Group Ltd was the lone stock to trade on the Bermuda Stock Exchange.
The owner of electricity utility Belco remained unchanged on $20 as 11,700 shares changed hands.
The trading of the $234,000 worth of shares came on the day that Ascendan...
DATE: Mar 08, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
LONDON (Bloomberg) — It’s not often that you hear about a $24 billion deal brewing in the financial-services industry. It’s even rarer that it goes from confirmation to break-up in less than a day.
On Tuesday afternoon, Aon confirmed a Bloomberg News...
DATE: Mar 07, 2019
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CATEGORY:
Other
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Deloitte says it has reinforced its commitment to maintaining an organisation where everyone has equal opportunity to grow, develop, and succeed.
Its “All in: accelerating gender and inclusion” strategy is designed to deliver a commitment to diversit...
DATE: Mar 07, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
One of Bermuda’s main rival offshore jurisdictions is reaching for the sky, with plans to build a skyline-transforming tower.
Dart Enterprises wants to build the structure in the Cayman Islands at a height that would “greatly exceed” Cayman’s ten-sto...
DATE: Mar 07, 2019
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CATEGORY:
Other
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