75886 results returned for search: "" category "Business"
Just two months into the Bermuda Government’s 2015-16 fiscal year, the public debt is taking its toll.
The graphic above shows the cost of merely servicing the debt for the months of April and May equates to more than $560 for every Bermudian man, w...
DATE: Jun 01, 2015
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — Canada Pension Plan Investment Board, the nation’s largest pension fund manager, agreed to buy a 9.9 percent stake in Bermuda-based Enstar Group Ltd, extending its bet on reinsurance.
The pension plan is buying about 1.9 millio...
DATE: Jun 01, 2015
|
CATEGORY:
Reinsurance
|
Former White House chief information officer Theresa Payton will give the keynote speech at next week’s Bermuda Captive Conference.
Ms Payton served under President George W Bush from 2006-08, the first woman to hold the position, and was in charge o...
DATE: Jun 01, 2015
|
CATEGORY:
Reinsurance
|
Bank of Butterfield shares fell 22 cents after 41,000 of its shares changed hands on The Royal Gazette/BSX.
The 11.8 per cent fall left the bank’s price at $1.65.
A total of 600 shares in Bermuda Aviation Services also sold, leaving the firm 15 cents...
DATE: Jun 01, 2015
|
CATEGORY:
Bermuda Stock Exchange
|
The Bank of Butterfield is to look at listing its shares in either the US or the UK, as well as Bermuda.
Butterfield chairman and CEO Brendan McDonagh said that after the buy-back of shares from Canadian bank CIBC earlier this year the bank was looki...
DATE: Jun 01, 2015
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
People love to throw around numbers when they talk about retirement. How many times have you heard that 52 per cent of Americans have only $10,000 saved for retirement? Or that 33 per cent of workers are putting off retirement until after age 65, and...
DATE: May 30, 2015
|
CATEGORY:
Personal Finance
|
Bermuda had a balance of payments surplus of $813 million in 2014, with the value of goods and services sold by the Island to the rest of the world easily dwarfing the value of goods and services the Island bought from overseas.
As a barometer of the...
DATE: May 29, 2015
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
The annual rate of inflation hit its lowest point in more than five years in March, as prices rose 1.2 per cent from a year earlier.
Government statistics released today showed how the slump in global oil prices has slowed down the increase in the co...
DATE: May 29, 2015
|
CATEGORY:
Economy
|
AUTHOR:
Jonathan Kent
A Bermuda-based TV firm has appointed a new chief revenue officer.
ClearTV, which is listed on the Bermuda Stock Exchange, has picked Mark Papia, who has worked in advertising for US TV channels ABC and Fox as well as Yahoo and MySpace to promote soc...
DATE: May 29, 2015
|
CATEGORY:
Other
|
Insurance group Hamilton yesterday opened their new offices in the Waterfront centre.
And group CEO Brian Duperreault said the new building underlined the firm’s commitment to Bermuda.
He added: “Bermuda is our home — we feel so much at home in Bermu...
DATE: May 29, 2015
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
