76407 results returned for search: "" category "Business"
An ongoing issue for US citizens and resident aliens and foreign nationals whose US investment portfolio is in the name of a foreign bank or investment advisor is whether the proper amount of US income tax is being withheld and if it is over withheld...
DATE: Jul 09, 2015
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CATEGORY:
Other
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A total of 8,700 shares worth $71,855 traded on The Royal Gazette/BSX Index.
The Bank of Butterfield saw 5,000 of its shares move, leaving its price unchanged at $1.68.
And 3,700 shares in insurance firm BF&M changed hands, leaving it five cents (0.3...
DATE: Jul 09, 2015
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CATEGORY:
Bermuda Stock Exchange
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Consumers paid 1.2 per cent more for goods and services in May than they did at the same time the previous year.
But the consumer price index dropped 0.2 per cent between April and May — despite an 8.5 per cent jump in the cost of healthcare.
Governm...
DATE: Jul 09, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
The trend towards telecoms companies offering one-stop shop residential internet services in Bermuda gathered pace this week when Bermuda Telephone Company (BTC) rolled out its Complete Home Internet service.
In doing so it has joined a growing list ...
DATE: Jul 08, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
A total of nearly $17.5 billion in catastrophe bonds and insurance-linked securities (ILS) is listed on the Bermuda Stock Exchange.
A spokesman for the exchange said the Island was home to more than two-thirds of global cat bonds.
He added: “The Berm...
DATE: Jul 08, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Italian investment group Exor yesterday pledged to make reinsurance firm PartnerRe bigger if it successful in its $6.8 billion takeover bid.
The firm’s chairman and CEO John Elkann said: “We are business builders. If you look at our history, we have ...
DATE: Jul 08, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Drinks giant Bacardi has bought up a Swiss-based rum maker.
Bermuda-based Bacardi has bought Banks Rum, a premium series of blends founded in 2010 by master blender Arnaud de Trabuc.
The award-winning Banks range, which features two main rums as well...
DATE: Jul 08, 2015
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CATEGORY:
Other
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The sole trade on The Royal Gazette/BSX was 300 shares in insurance firm BF&M.
The transaction, worth $5,160, left BF&M’s price unchanged at $17.20.
The Royal Gazette/BSX closed unchanged at 1,208.12.
The BSX Insurance Index ended the day down 17.16 ...
DATE: Jul 08, 2015
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CATEGORY:
Bermuda Stock Exchange
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There are fewer filled jobs and those who are employed are doing a reduced number of working hours per week than at any time in the past four years, figures show.
The employment survey report released by the Department of Statistics calculates the Is...
DATE: Jul 08, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Altitude. When there are lots of challenges one often tends to over analyse these situations which can lead to “paralysis by analysis”. If this seems to be happening to you then “tether yourself to a balloon” and rise up above all of this so as to de...
DATE: Jul 07, 2015
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CATEGORY:
Other
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