75814 results returned for search: "" category "Business"
A total of 2,000 shares worth $8,080 traded on The Royal Gazette/BSX Index on the last day of the year.
Insurance firm Argus, the sole mover, was up nine cents (2.27 per cent) at $4.04 after 2,000 shares moved.
The Royal Gazette/BSX closed up 1.77 po...
DATE: Dec 31, 2015
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CATEGORY:
Bermuda Stock Exchange
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A sizeable number of Bermuda insurers and reinsurers have opened offices in the Dubai International Financial Centre in the United Arab Emirates.
This month a further three Bermuda-based companies joined the list; Axis, Partner Re and Qatar Re.
The ...
DATE: Dec 30, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Personal finance website GOBankingRates has labelled Bermuda a tax haven.
The Island features in an article highlighting the top ten tax havens worldwide.
Bermuda figures at number seven on the list, alongside the Cayman Islands, the Bahamas and Jers...
DATE: Dec 30, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda’s business chiefs will be out in force at next month’s World Captive Forum.
The event, to be held in Florida, will include several speakers from Bermuda including lawyers, regulators and business leaders.
And Bermuda delegates will use the ev...
DATE: Dec 30, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A total of 10,000 shares worth $103,152 today traded on the Bermuda Stock Exchange.
Financial-services holding company Somers Ltd, which owns Bermuda Commercial Bank, dropped $1.25 (8.77 per cent) to $13 after 4,000 shares traded.
Watlington Water we...
DATE: Dec 30, 2015
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CATEGORY:
Bermuda Stock Exchange
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KeyTech Group of Companies made a loss of $3.1 million for the six-month period that ended on September 30. This compared with a loss of $19.9 million for the same period in 2014. When normalised for the loss on the sale of Bermuda Telephone Company,...
DATE: Dec 30, 2015
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CATEGORY:
Local Business
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US Democratic presidential hopeful Bernie Sanders has pledged a crackdown on tax avoidance involving Bermuda and other offshore jurisdictions.
Mr Sanders, currently trailing Hillary Clinton in the race for the nomination as presidential candidate, ma...
DATE: Dec 29, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Company directors would be better positioned to make decisions in a fast-changing world if they consult with an “under-25 mentor”.
That is the view of Charlotte Valeur, a corporate governance adviser, who believes that understanding how young people ...
DATE: Dec 29, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The Royal Gazette/BSX Index ended last week fairly flat, closing at 1,313.24, down 21.22 points (1.61 per cent).
The total value of shares traded was just under $142,000.
Shares of BF&M rose 19 cents (1.1 per cent) to close at $17.19 after 800 were t...
DATE: Dec 29, 2015
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CATEGORY:
Bermuda Stock Exchange
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SAC Capital Advisors LP — the now defunct hedge fund that set up a Bermuda reinsurer in 2012 — agreed to pay $10 million to end a lawsuit by Wyeth LLC shareholders who claimed they lost money because SAC engaged in insider trading.
A pension fund for...
DATE: Dec 29, 2015
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CATEGORY:
Reinsurance
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