75894 results returned for search: "" category "Business"
AQR Re Management Ltd is to wind down its operations after three years in business as a result of the reinsurance industry’s “consolidating market dynamics”.
Some people will consequently lose their jobs at the firm, which works out of offices at 3 B...
DATE: Mar 23, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Dear Dave,
My daughter is in her late 20s, and she has a good job making $50,000 a year. The other day, she told me she has $15,000 in credit card debt and has financed an expensive car she’s upside down on. Her apartment costs $600 a month, and she...
DATE: Mar 21, 2015
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CATEGORY:
Personal Finance
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The UK is to introduce a new tax designed to crack down on firms like Google who channel cash through subsidiaries to avoid tax.
Now Google — which came under fire last year for funnelling billions to Bermuda — and other firms will be subject to a ne...
DATE: Mar 20, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Who better to manage a bookshop than an aspiring writer and poet?
Yesha Townsend, 28, is in her element at The Book Cellar in St George’s, and her passion for books and creative expression is one of the first things that strike you when you enter the...
DATE: Mar 20, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Myth #33: Is it really finders’ keepers in the world of discovered treasure?
Given Bermuda’s history, which is rife with stories of privateers (a form of legalised piracy), shipwrecks and smugglers, who doesn’t dream of finding the classic pirates ch...
DATE: Mar 20, 2015
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CATEGORY:
Other
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Island insurance firm BF&M is to be the official America’s Cup healthcare provider. BF&M president and CEO John Wight said: “With the America’s Cup coming to Bermuda we wanted to show our support for the event and our community. This agreement allows...
DATE: Mar 20, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Ace Ltd is teaming up with BlackRock Financial Management, the world’s largest money manager, to create a new Bermuda-based reinsurance venture.
The companies are seeking to raise between $800 million and $1.3 billion for the new business, named ABR ...
DATE: Mar 20, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda has been overstating the number of companies registered on the Island for more than a decade, Government revealed today.
Economic Development Minister Grant Gibbons said the errors had been spotted by officials at the Registrar of Companies. ...
DATE: Mar 20, 2015
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Butterfield Bank shares shed a cent in Bermuda Stock Exchange trading today.
The bank dipped 0.5 per cent to $1.98 as 10,000 of its common shares traded.
Butterfield’s 8 per cent preference shares were the only other issue to trade. They held their ...
DATE: Mar 20, 2015
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CATEGORY:
Bermuda Stock Exchange
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Improved high speed broadband internet for Bermuda is on the horizon with Bermuda Telephone Company (BTC) proposing to introduce access speeds of 50 Mbps (megabit per second) and 100 Mbps.
Presently the best residential internet speeds on the Island ...
DATE: Mar 19, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
