75878 results returned for search: "" category "Business"
By Sonali Basak
NEW YORK (Bloomberg) — A three-hour shutdown of the New York Stock Exchange on the same day that a network failure halted all United Airlines flights in the US had people thinking one thing: cyberattack.
It wasn’t, but the July 8 inci...
DATE: Jul 24, 2015
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CATEGORY:
Reinsurance
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Polaris Holdings Ltd was up ten cents in Bermuda Stock Exchange trading today after 300 of its shares changed hands.
The move saw the dock services firm’s shares finish up 3.3 per cent at $3.15.
Bank of Butterfield preference shares also rose, up $1....
DATE: Jul 24, 2015
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s real estate market is bouncing back, according to the Island’s biggest real estate firm.
Coldwell Banker said its sales of homes had jumped 44 per cent in the first six months of the year compared to the same period in 2014.
And rental tran...
DATE: Jul 23, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The team at drinks firm Gosling’s is ready to field around half-a-million bottles of beer for Cup Match.
Staff at the firm started preparing for the event five months ago — and now the beer, together with thousands of bottles of their own signature B...
DATE: Jul 23, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Would-be merger partners Axis Capital and PartnerRe yesterday said their deal was better than a rival bid for PartnerRe by Italian investment giant Exor.
A joint statement by the two Bermuda-based companies said that their $11 billion all-share trans...
DATE: Jul 23, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Hamilton Princess and Beach Club has hired Bermudian Jasmine Quinn in a newly created position as food and beverage sales manager for 1609, Crown and Anchor, Marcus’ and the Beach Club.
In the new role, Ms Quinn will be the contact person for pri...
DATE: Jul 23, 2015
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CATEGORY:
Local Business
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Gombey socks and Bermuda flag socks have proven to be a surprise hit with customers of Home WorX Ltd in St George’s.
Now the shop is hoping to do it again with an exclusive range of Cup Match socks and T-shirts featuring the colours of St George’s an...
DATE: Jul 23, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
International business yesterday handed out 14 educational awards to students aiming for a corporate career.
Undergraduate students all got $15,000 a year for two years, with the one post-graduate award valued at $20,000 for one year.
And three of th...
DATE: Jul 23, 2015
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CATEGORY:
Other
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Profits plunged to $9.5 million at Allied World Assurance Company in the second quarter, down from $151.9 million during the same period in 2014.
The company was hit by a mark-to-market loss of $60.1 million on investments, together with a double-dig...
DATE: Jul 23, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
The Royal Gazette/BSX was unchanged after no trades took place.
The index closed at 1,243.82 and the BSX Insurance Index ended the day down 13.33 points (0.81 per cent) at 1,624.26.
DATE: Jul 23, 2015
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CATEGORY:
Bermuda Stock Exchange
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