75772 results returned for search: "" category "Business"
Work on Digicel’s superfast LTE data network is 90 per cent complete, the company said.
And a spokeswoman for Digicel said customers with compatible SIM cards, devices and plans will automatically be transferred to an LTE service with speeds up to te...
DATE: May 09, 2017
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Almost 45 years since he started at “the bottom of the pile” at Lloyd’s of London, with little more than an ink dip pen and some blotting paper, Stephen Catlin will next week begin the process of retiring from XL Catlin.
He will relinquish his positi...
DATE: May 09, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Maiden Holdings Ltd’s first-quarter profit fell by 24 per cent to $20.5 million, the island-based reinsurer reported last night.
The earnings, which broke down to 23 cents per share, compared to $27.2 million, or 35 cents per share in the first three...
DATE: May 09, 2017
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CATEGORY:
Reinsurance
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President Donald Trump recently announced the massive changes that he wants to make to the Internal Revenue Code. The announcement consisted of broad parameters with no details as to implementation. In summary, the plan is to reduce the corporate tax...
DATE: May 09, 2017
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CATEGORY:
Other
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The Bank of Butterfield lost 13 cents, or 0.38 per cent, on the New York Stock Exchange to close at $34.48.
The bank’s shares were unchanged at $34 on The Royal Gazette/BSX Index.
Telecoms company One Communications remained at $2.94 on the local exc...
DATE: May 09, 2017
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CATEGORY:
Bermuda Stock Exchange
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Hiscox Ltd will set up a new unit in Luxembourg in response to Britain’s decision to leave the European Union.
The island-based company, which is also one of the largest operators in the Lloyd’s of London market, said that all its European retail bus...
DATE: May 09, 2017
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CATEGORY:
Reinsurance
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One Communications today announced that its 4G LTE network is now widely available across the island.
The company first launched its ultra-fast 4G LTE wireless mobile network in the City of Hamilton, in May 2016.
And with the awarding of additional ...
DATE: May 09, 2017
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CATEGORY:
Local Business
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A batch of Bacardi-owned Bombay Sapphire gin has been recalled in Canada after it was found to have nearly double the alcohol content listed on the bottle.
Up to 6,000 bottles of the gin, famous for its distinctive blue bottle, are thought to have be...
DATE: May 08, 2017
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Established restaurant Thyme has new management in place.
Bryden Pedro and chef Cameron Floyd have taken the reins at the Paget restaurant, with a lunch menu on offer.
But the pair expect to be open for dinner within the next two weeks.
Mr Floyd, a v...
DATE: May 08, 2017
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Shares of Butterfield Bank, BF&M and One Communications all climbed as The Royal Gazette/BSX Index climbed 3.4 per cent last week.
Butterfield was the biggest contributor to the index’s climb, gaining $1.50, or 4.6 per cent during the five days of tr...
DATE: May 08, 2017
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CATEGORY:
Bermuda Stock Exchange
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