75874 results returned for search: "" category "Business"
Shares of Butterfield Bank and KeyTech Ltd rose to drive The Royal Gazette/BSX Index higher last week.
Butterfield was the biggest climber, advancing four cents, or 2.3 per cent, to close on $1.80 as 19,874 shares traded.
Telecommunications firm KeyT...
DATE: Aug 10, 2015
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CATEGORY:
Bermuda Stock Exchange
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A menswear store in Hamilton is picking up trade and providing a creative outlet for Janika Fields.
Becoming a shop owner was not her plan when she went overseas to study for a Bachelor’s of Fine Arts degree, with a concentration in advertising desig...
DATE: Aug 10, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
An east end restaurant is highest rated in St George’s on travel site TripAdvisor after just a year in business.
Tempest, in the former Carriage House premises in St George’s, came top in St George’s and sits in third spot Island-wide on the influent...
DATE: Aug 10, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Enstar Group Ltd’s net income plunged by more than two thirds on investment losses.
The Bermuda-based insurer, which specialises in buying companies or units that have stopped writing new business and managing their assets and ongoing obligations, ma...
DATE: Aug 10, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The Royal Gazette/BSX Index closed unchanged at 1,265.27 after a day of no trades.
The BSX Insurance Index ended the day down 3.67 points (0.22 per cent) at 1,643.75.
DATE: Aug 10, 2015
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CATEGORY:
Bermuda Stock Exchange
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Dear Dave,
My wife and I are thinking about selling our home. I was recently let go because of downsizing, and I’ve begun a job in real estate but things are starting slowly. My wife works as a teacher, and the only debt we have is our house payment....
DATE: Aug 08, 2015
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CATEGORY:
Personal Finance
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Insurance and reinsurance giant XL Catlin is to launch a $1 billion share buy-back programme and raise its dividend by 25 per cent.
The new scheme replaces a previous programme, which had around $97.6 million remaining.
The company said the share acq...
DATE: Aug 07, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Only a considerable natural disaster or a market disruption is likely to stem the proliferation of mergers and acquisitions now impacting the insurance and reinsurance sector.
That is the conclusion of a mid-year report from Guy Carpenter & Co, which...
DATE: Aug 07, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Assured Guaranty’s shares rose 3.5 per cent yesterday as the Bermuda-based bond insurer’s second-quarter profits beat expectations and fears over its exposure to Puerto Rican debt eased.
Net income for the April-through-June period totalled $297 mill...
DATE: Aug 07, 2015
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
A Bermudian craftsman aims to restart Bermuda’s tradition of boat building.
Now Neil Fox — founder of Blackwolff Powerboats in St David’s — is to use this weekend’s Round-the-Island boat race to showcase his skills with a self-designed racing boat an...
DATE: Aug 07, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
