75894 results returned for search: "" category "Business"
Bermuda’s ship registry has just logged its biggest single transaction of 14 ships.
The ships are owned by Team Tankers International, the new holding company for Eitzen Chemical shipping group, which last year decided to domicile in Bermuda and rebr...
DATE: Mar 11, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda design and ad agency has picked up its second international award of the year.
Cosmic was give an honourable mention in the brochure and consumer products category of the Creativity International Awards for its work for the Bermuda Festival...
DATE: Mar 11, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The value of investments held by Bermuda First Investment Company (BFIC) has plunged by $12.3 million.
And revenue at the company — which holds shares in communications firm KeyTech and Ascendant, which owns power firm Belco, fell by $1.3 million to ...
DATE: Mar 11, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Sixty delegates from the Island promoted Bermuda’s stature as the world’s leading ILS and convergence capital market at a top industry conference in New York.
The Island was represented at last week’s Insurance- and Risk-Linked Securities Conference ...
DATE: Mar 11, 2015
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CATEGORY:
Other
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The head of Argentina’s tax authority has petitioned the Bermuda Government for information after it demanded embattled bank HSBC return $3.5 billion in offshore funds.
Ricardo Echegaray of tax body AFIP — at a briefing at the Argentinian Embassy in ...
DATE: Mar 11, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Many homeowners continue to struggle to make payments on their mortgages as Bermuda grinds through what has been described as its deepest credit crisis in at least half a century.
Financial results released by HSBC Bank Bermuda Ltd yesterday revealed...
DATE: Mar 11, 2015
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Ascendant, the parent company of Belco, has appointed Mark Takahashi as chief financial officer and senior vice president.
The company’s former CFO, Christopher Coelho, resigned from the position last August but served as an advisor on regulatory mat...
DATE: Mar 11, 2015
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CATEGORY:
Local Business
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Shares of Butterfield Bank fell one cent (0.5 per cent) to end the day at $1.99 on The Royal Gazette/BSX Index, after 121,324 were traded.
The stock was the only one to trade on the exchange. The Index ended the day at 1,367.76, down 4.72 points (0.3...
DATE: Mar 11, 2015
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CATEGORY:
Bermuda Stock Exchange
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The previous Government’s Immigration policies have been blamed for many of Bermuda’s economic woes since before the onset of the Great Recession and one of the central promises of the One Bermuda Alliance was to reform the policies and make them mor...
DATE: Mar 10, 2015
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CATEGORY:
Bermuda Works
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Bank and capital markets chiefs are bullish about better days ahead, according to a new survey.
But the survey also showed that they feel they face challenges — including over-regulation, cyber risk and fresh competition for business including the cr...
DATE: Mar 10, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
