75878 results returned for search: "" category "Business"
Bermuda could be a testing ground for a prototype technology that generates electricity from slow-moving water currents.
And in the long-run the Island might be able to harness a constant, renewable energy source to reduce or replace its reliance on ...
DATE: Jul 22, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
The board of takeover target PartnerRe yesterday did a U-turn and admitted an improved bid by Italian investment firm Exor was likely to be a “superior proposal” to its merger plan with Axis Capital.
The Bermuda-based insurer said it was prepared to ...
DATE: Jul 22, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda public relations firm Troncossi has built a new relationship with architects determined to show their value.
For the Hamilton-based company is to represent the Institute of Bermuda Architects (IBA) after a four-way bid for the contract.
Tron...
DATE: Jul 22, 2015
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CATEGORY:
Local Business
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Insurance giant Ace yesterday posted operating income of $788 million for the second quarter of the year.
The firm said that was equivalent to $2.40 a share — above the consensus analyst forecast of $2.29 a share.
Ace added its net income rose 21 per...
DATE: Jul 22, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The ‘merger mania’ that has swept through the Bermuda insurance market is unlikely to let up any time soon, according to a special report by AM Best.
The New Jersey-based credit rating agency argues that more takeovers are likely, driven by soft mark...
DATE: Jul 22, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
It was a quiet day for The Royal Gazette/BSX Index, with only 9,035 shares trading, worth a total of $20,429.
Shares of Butterfield Bank remained unchanged at $1.75 after 4,835 were exchanged, and there was no move in the closing price of KeyTech, at...
DATE: Jul 22, 2015
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CATEGORY:
Bermuda Stock Exchange
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Digicel Bermuda opened its new flagship store in Hamilton yesterday. Among those present at the ribbon-cutting ceremony were Premier Michael Dunkley, Digicel Bermuda chairman Charlie Marshall, Mayor of Hamilton Charles Gosling, and Grant Gibbons, Min...
DATE: Jul 21, 2015
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CATEGORY:
Local Business
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The America’s Cup is to be shown in China after a ground-breaking deal between event organisers and a Chinese sports channel.
CCTV Sports and Entertainment has acquired exclusive rights to broadcast all stages of the America’s Cup, giving the world’s...
DATE: Jul 21, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A management buyout of an arm of top offshore law firm Appleby is to go ahead, the firm has confirmed.
The move means the fiduciary and administration business, which has more than 320 staff, part of which is Bermuda-based, will be spun off in a deal...
DATE: Jul 21, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Happiness. How often do you hear people say they are unhappy? It seems that people feel that events, people, and circumstances that are outside of their control create their unhappy feelings. The challenge here is that they will forever feel this way...
DATE: Jul 21, 2015
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CATEGORY:
Other
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