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A total of 2,000 Bank of Butterfield shares sold today on the Bermuda Stock Exchange.
The trading left the bank’s price unchanged at $1.65.
Insurance firm Argus saw 800 shares move, leaving its price up four cents (1.1 per cent) at $3.70.
And 550 sh...
DATE: Jun 26, 2015
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CATEGORY:
Bermuda Stock Exchange
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With the America’s Cup on the horizon, Bermudian Gilbert “Artie” Darrell has set his sights on bringing high quality, event-focused emergency rescue and medical services to the Island.
The former New York State paramedic and firefighter has an extens...
DATE: Jun 25, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
The meteoritic rise in the use of unmanned flying drones present challenges and opportunities for insurers, according to Marsh.
In its report, “Dawning of the Drones: The Evolving Risk of Unmanned Aerial Systems”, the insurance broking and risk manag...
DATE: Jun 25, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Luxury watchmaker Bremont is to unveil a special Bermuda-themed watch to celebrate the Island hosting the historic America’s Cup yacht races.
And the limited edition of 250 watches from UK-based Bremont, the official timekeeper for the America’s Cup ...
DATE: Jun 25, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
More than 800 jobs were lost in 2014, according to Government statisticians.
The number of Bermudian job holders dropped by 671, from 24,504 in 2013 to 23,833 last year.
The number of jobs held by non-Bermudians, excluding non-Bermudian spouses and p...
DATE: Jun 25, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
An increase of nearly 10 per cent in health insurance premiums was the main driver of the cost of living rise in April.
According to figure released by the Department of Statistics, the annual rate of inflation jumped to 1.8 per cent — the highest ra...
DATE: Jun 25, 2015
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CATEGORY:
Economy
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A total of 400 shares worth $6,880 in insurance firm BF&M Ltd today traded on the Bermuda Stock Exchange.
The Royal Gazette/BSX Index closed unchanged at 1,191.73, while the BSX Insurance Index ended the day down 17.12 points (1.08 per cent) at 1,572...
DATE: Jun 25, 2015
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CATEGORY:
Bermuda Stock Exchange
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A fuel firm is offering a fuel for life competition — a first for Bermuda.
The Rubis promotion is offering a lucky driver $375 a month in free gas for 25 years — more than $112,000 worth over the period.
Rubis sales manager Jermaine Simons said: “The...
DATE: Jun 24, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A delay to the opening of the Island’s first food court has caused some anxiety among would-be customers eager to try out the new experience.
The co-managers of Eateries, in Washington Mall, have been inundated with comments and questions from member...
DATE: Jun 24, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
European bureaucrats yesterday backed off after a controversial hit list of “tax havens” that included Bermuda caused a storm of protest.
The move came after the European Commission (EC) unveiled a 30-strong list of non-cooperative tax jurisdictions ...
DATE: Jun 24, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
