75798 results returned for search: "" category "Business"
Telecoms companies have reported that the majority of their networks are back in operation following Hurricane Nicole.
Eleven of Digicel Bermuda’s cell tower sites have been repaired, with only Sentinel Hill without service as of 4pm. That means 97 p...
DATE: Oct 14, 2016
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Insurance firm Argus rose 20 cents to $4.60 on The Royal Gazette/BSX Index.
The move, equivalent to a 4.5 per cent increase, came after 1,300 shares changed hands.
On the New York Stock Exchange, the Bank of Butterfield rose seven cents, or 0.27 per ...
DATE: Oct 14, 2016
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CATEGORY:
Bermuda Stock Exchange
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Reinsurers are expected to bear the brunt of Hurricane Nicole’s financial impact on Bermuda, even as primary insurers likely see claims for wind and downed trees, damaged roofs, car damage and some business interruptions.
That is the view of ratings ...
DATE: Oct 14, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
The US insurance arm of Bermudian-based Hamilton Insurance Group has appointed a new chief operating officer.
Michael Garceau, who will start work next week, is a 25-year veteran of the industry and joins Hamilton USA from insurance giant AIG.
Serain...
DATE: Oct 12, 2016
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CATEGORY:
Reinsurance
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A complementary medicine practitioner has opened up a new office.
Dr Nekia Walker has opened up for business in a traditional Bermuda cottage overlooking the sea in Southampton.
Dr Walker, who practices under the name Dr Nekia, said she had an office...
DATE: Oct 12, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Shares of Butterfield Bank closed at $25, down five cents, or 0.2 per cent, on The Royal Gazette/BSX Index today.
On the New York Stock Exchange, the bank’s shares were $25.70 during midafternoon trading, down six cents, or 0.23 per cent.
The Bermuda...
DATE: Oct 12, 2016
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CATEGORY:
Bermuda Stock Exchange
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An insurance company employee is set to retire after notching up more than a half-century on the job.
Alfreda Butler joined Argus in 1963 — but rose to be claims manager in the healthcare group 28 years later, a position she held until she retired a ...
DATE: Oct 11, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Forward. If today we were planning a vacation we would be looking forward and identifying all of the things we have to do to ensure we have as great a time as possible.
Many of us spend a great deal of time working on such projects as they involve f...
DATE: Oct 11, 2016
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CATEGORY:
Other
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Bermudian-designed all-electric motorbikes are set to hit the roads of Bermuda.
Businessmen Jamie Lovell and Alex Marshall, who run Team Oni Racing Club, unveiled the first two superbike-styled machines — with one already sold.
Mr Lovell said: “We de...
DATE: Oct 11, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda’s aircraft registry could expand even further — increasing the $27 million a year it already collects from clients.
Thomas Dunstan, director of the new Bermuda Civil Aviation Authority, said: “It’s a very significant revenue stream for the Go...
DATE: Oct 11, 2016
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor