75894 results returned for search: "" category "Business"
A green energy firm has teamed up with a cleaning company to boost business for both.
Now Power Savers, headed by businessman Mohamed Hamza, will work with Atlantic Cleaning Services, run by brothers Ellison and Allen Ferreira, to make sure businesse...
DATE: Mar 31, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Cayman Islands are pulling themselves out of recession on the back of increased immigration.
And yesterday economist and consultant Peter Everson said Bermuda could take a leaf out of the Cayman book and do more to cut the country’s debt and boos...
DATE: Mar 31, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Energy sector mutual insurer Oil Insurance Ltd racked up profits of $731 million in 2014, as it had its best underwriting year.
The Bermuda-based company said its directors had also agreed to pay out a dividend totalling $400 million to shareholders....
DATE: Mar 31, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The Bank of Butterfield today rose one cent to $1.98 after 21,500 shares traded on the Bermuda Stock Exchange.
The bank ended the day 0.5 per cent up on the previous day’s trading.
Telecoms firm KeyTech saw 17 shares move, leaving its price unchanged...
DATE: Mar 31, 2015
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
Endurance Specialty Holdings Ltd has agreed to acquire fellow Bermuda-based reinsurer Montpelier Re Holdings Ltd in a $1.83 billion deal.
The new combined company will be run by Endurance’s senior management team from its headquarters in Waterloo Hou...
DATE: Mar 31, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
KeyTech Ltd shares lost a quarter of their value during the past trading week, as The Royal Gazette/BSX Index slumped by almost 1.5 per cent.
Telecommunications firm KeyTech finished the week on a 52-week low of $3, down $1 for the week, on the tradi...
DATE: Mar 30, 2015
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CATEGORY:
Bermuda Stock Exchange
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Veteran insurance chief Richard Brindle is set to return to the business as part of a new $2 billion insurance venture on the Island.
Mr Brindle — former CEO of Bermuda-based Lancashire Holdings — will become head of Fidelis Insurance Holdings — a hy...
DATE: Mar 30, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A global money manager has struck a deal with a small Bermuda firm to distribute its investment products on the Island.
BNY Mellon Investment Management EMEA Ltd, which describes itself as the world’s largest world’s largest multi-boutique asset mana...
DATE: Mar 30, 2015
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
Only one domestic-board company traded on the Bermuda Stock Exchange today.
A total of 11,340 shares worth $22,339 in the Bank of Butterfield moved, leaving its price unchanged at $1.97.
The Royal Gazette/BSX Index closed unchanged at 1,341.66, while...
DATE: Mar 30, 2015
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CATEGORY:
Bermuda Stock Exchange
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Dear Dave,
What’s your opinion on rewarding children with money for getting good grades in school?
Joe
Dear Joe,
Honestly, I don’t have a strong opinion about it one way or the other. We didn’t pay our children for good grades, but I can’t really th...
DATE: Mar 28, 2015
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CATEGORY:
Personal Finance
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