75782 results returned for search: "" category "Business"
Digicel and global technology giant Cisco are working together on a “digitisation vision” for Bermuda, as well as 25 other countries in the Caribbean and Central America.
The two companies have signed an agreement aimed at “accelerating the digital a...
DATE: Dec 13, 2017
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CATEGORY:
Other
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Clarien Bank will be raising lending and savings rates next year after the US Federal Reserve raised its key interest rate by a quarter of a percentage point.
The bank said today it had anticipated the US central bank’s action and it planned to incre...
DATE: Dec 13, 2017
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CATEGORY:
Other
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A total of 13,200 shares of One Communications Ltd, and 100 of Butterfield Bank, were traded on The Royal Gazette/BSX Index, but there was no change to their respective closing prices. The index was also unchanged at 2,222.31.
On the New York Stock E...
DATE: Dec 13, 2017
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CATEGORY:
Bermuda Stock Exchange
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Brit Ltd has launched new collateralised reinsurance vehicle Sussex Capital on the island.
The move from the Lloyd’s of London insurer comes just a week after Brit announced that its captive insurer Brit Re will redomesticate to Bermuda from Gibralta...
DATE: Dec 13, 2017
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CATEGORY:
Reinsurance
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Paul Scope has been elected as the new chairman of the Bermuda Business Development Agency.
And insurance industry veteran Shelby Weldon has been appointed as a new director of the government-backed agency.
Their appointments were among several chang...
DATE: Dec 13, 2017
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CATEGORY:
International Business
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Before an audience of hundreds of business delegates, Jamahl Simmons said Government will not interfere with independent regulatory organisations in Bermuda.
He gave the assurance after explaining why he had brought to Parliament the Casino Gaming Am...
DATE: Dec 12, 2017
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CATEGORY:
Other
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AUTHOR:
Scott Neil
The Bermuda Government wants the island’s population to return to the levels seen in 2006 and 2007, when the island was enjoying an economic boom time.
And the Government is listening to the needs of the business community, and looking at ways of low...
DATE: Dec 12, 2017
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CATEGORY:
Other
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Shares of Ascendant Group, the parent company of Belco, improved by five cents, or 0.5 per cent, to $9.55 after 2,000 traded on The Royal Gazette/BSX Index.
Meanwhile, BF&M Ltd was down one cent, or 0.1 per cent, at $17 after 1,100 shares were exchan...
DATE: Dec 12, 2017
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CATEGORY:
Bermuda Stock Exchange
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The Bermuda Chamber of Commerce has partnered with KPMG to host a breakfast update session on the impending US tax reform.
Will McCallum, managing director and head of tax for KPMG in Bermuda will speak at Friday’s session.
He will provide an update ...
DATE: Dec 12, 2017
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CATEGORY:
Other
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Randall Krebs, development director of Harbour International Trust Company Ltd, has been awarded a 2017 Step Founder’s Award by the Society of Trust and Estate Practitioners.
The Founder’s Awards are given to members who have made “an exceptional and...
DATE: Dec 12, 2017
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CATEGORY:
Other
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