75789 results returned for search: "" category "Business"
A new fibre network will boost internet and TV services, telecoms firm One Communications said today.
Work has started on the new network, first in Hamilton then spreading across the island, as part of a $20 million investment by the company to impro...
DATE: Dec 13, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Telecoms firm KeyTech’s share price today jumped by nearly a third in Bermuda Stock Exchange trading.
Shares in the firm went up 70 cents, or 31.1 per cent, to $2.95 after 10,000 shares traded.
The Bank of Butterfield went up 50 cents, or 1.8 per cen...
DATE: Dec 13, 2016
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CATEGORY:
Bermuda Stock Exchange
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A new food truck specialising in Portuguese cuisine has hit the fast lane.
And now Generosa’s has expanded, taking over the patio of a nearby former restaurant to create an outdoor dining area.
The business, the brainchild of Sandy Rodrigues, who hai...
DATE: Dec 12, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Royal Gazette/BSX Index edged higher last week as a 1.8 per cent increase in the shares of Butterfield Bank outweighed the impact of three declining domestic-board stocks.
The index closed the week on 1,791.65 — having briefly passed the 1,800 ma...
DATE: Dec 12, 2016
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CATEGORY:
Bermuda Stock Exchange
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Professional-services firm KPMG has named Felicia Govender as a new director in the Bermuda enterprise team.
Steve Woodward, head of enterprise for KPMG Bermuda, said: “Felicia brings a wealth of experience, industry knowledge and expertise to our le...
DATE: Dec 12, 2016
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Butterfield Bank has won a bank of the year award for the fourth year in a row.
The bank was given the accolade by international banking publication The Banker.
Michael Collins, Butterfield’s chief executive officer, said: “Having earned that distinc...
DATE: Dec 12, 2016
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CATEGORY:
Other
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Bermudian-based insurer Athene Holding Ltd enjoyed a strong debut on the New York Stock Exchange on Friday as its shares finished the day more than 10 per cent higher than its initial public offering price.
The offering which sought to raise $1.1 bil...
DATE: Dec 12, 2016
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CATEGORY:
Reinsurance
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The Royal Gazette/BSX Index was unchanged at 1,791.65 after a day of no trading.
But the biggest BSX domestic-board issuer Butterfield Bank yesterday rose 25 cents, or 0.84 per cent, to $30.06 on the New York Stock Exchange.
The BSX Insurance Index e...
DATE: Dec 12, 2016
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CATEGORY:
Bermuda Stock Exchange
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Aspen Insurance Holdings Ltd has announced that it will renew its Bermuda special purpose insurer Silverton Re for 2017 with $130 million in capital.
The Bermudian-based insurer and reinsurer set up Silverton in three years ago through its Aspen Cait...
DATE: Dec 12, 2016
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CATEGORY:
Reinsurance
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The experts hired to advise the Bermuda Government on its fiscal progress believe the island faces greater risks now than it did a year ago that leave it vulnerable to negative economic shock.
The Fiscal Responsibility Panel, which today published it...
DATE: Dec 12, 2016
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CATEGORY:
Other
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