75886 results returned for search: "" category "Business"
Bermuda-based oil shippers are seeing their income rocket as oil tanker rates surge.
Increased production in Saudi Arabia and Iraq, as well as relatively low oil prices encouraging major buyers like China to hoard crude, are driving a spike in demand...
DATE: May 18, 2015
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
The Royal Gazette/BSX Index plunged by more than ten per cent yesterday.
The biggest loser of the day was Bank of Butterfield, whose shares fell 30 cents, wiping $143 million off its market capitalisation.
The bank’s big move came on very low volume...
DATE: May 18, 2015
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CATEGORY:
Bermuda Stock Exchange
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Dear Dave,
My husband and I have been following your plan. We just paid cash for our new home after selling the old one, so we’re out of the Baby Steps. But we’ve still got about $50,000 in student loan debt hanging over our heads. We make over $100,...
DATE: May 16, 2015
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CATEGORY:
Personal Finance
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The secret’s out — city centre lingerie store Secrets has a new name and a new location.
Formally based in Washington Mall, it has set up shop on Reid Street and is now called Secrets Boutique.
It occupies bright and airy first floor premises above t...
DATE: May 15, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Ironshore may be in the process of being taken over by a Chinese firm — but its roots will remain firmly entrenched in Bermuda.
Maintaining what Ironshore chief executive officer Kevin Kelley calls “the Bermuda advantage” was a key element of the $1....
DATE: May 15, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
No shares traded on the Bermuda Stock Exchange today.
The Royal Gazette/BSX Index remained unchanged on 1,305.63.
The BSX Insurance Index fell 1.42 points, or 0.09 per cent to close on 1,597.21.
DATE: May 15, 2015
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CATEGORY:
Bermuda Stock Exchange
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Myth #37: Same-sex marriages are not recognised in Bermuda.
The issue of same-sex marriage is one which has generated much debate and even stronger feelings. In this paper just last week, a poll undertaken in Bermuda showed that approximately half o...
DATE: May 14, 2015
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CATEGORY:
Other
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More jobs for Bermudians will be created at Bermuda Telephone Company (BTC) if it is acquired by Digicel, and investment will be made to improve the performance and reliability of BTC’s network infrastructure.
Those are two of the outcomes Digicel fo...
DATE: May 14, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Belco is achieving “abysmally low” returns — and utilities elsewhere in the world posting similar results are in danger of bankruptcy.
That is the view of Walter Higgins, chief executive officer of Belco’s parent company Ascendant Group Ltd.
Mr Higgi...
DATE: May 14, 2015
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
KeyTech fell 15 cents (5.2 per cent) to close at $2.75 on The Royal Gazette/BSX Index, after 2,800 shares in the telecoms group were sold.
The only other stock traded was BF&M, with 1,100 shares being exchanged, but the closing price remaining unchan...
DATE: May 14, 2015
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CATEGORY:
Bermuda Stock Exchange
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