76411 results returned for search: "" category "Business"
Belco urgently needs to be allowed to increase its electricity rates in order for Bermuda to continue to enjoy a “first-world” electricity system.
That is the view of Walter Higgins, the utility’s chief executive officer, who said a continuation of “...
DATE: Jun 04, 2015
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
The Bank of Butterfield saw 36,600 shares trade today on Bermuda Stock Exchange.
The move saw the bank’s price remain unchanged at $1.65.
Insurance firm BF&M fell 75 cents (4.2 per cent) to $17.25 after 8,100 of its shares changed hands.
And property...
DATE: Jun 04, 2015
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
Motorbike and scooter sales have rocketed, according to dealers. And they predicts the increase in business is set to continue through the summer.
Top dealers said price cuts and people looking to cut commuting costs had played a large part in the sa...
DATE: Jun 03, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Telecoms watchdog chief Robert Watson says approval of a deal for Digicel to take over phone firm BTC will increase innovation and competition.
Mr Watson, chief executive of the Regulatory Authority of Bermuda (RAB), added Digicel had agreed to condi...
DATE: Jun 03, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Former Island resident Audette Exel, who started the Adara Group (formerly the ISIS Group) in Bermuda 17 years ago, has started a new initiative to give investment bankers the opportunity of using their business skills to help people living in povert...
DATE: Jun 03, 2015
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CATEGORY:
Other
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If Axis and PartnerRe realise their merger plans, the combined company will return $750 million to shareholders following the proposed merger.
That number was detailed in an investor presentation filed with US financial regulator the Securities and E...
DATE: Jun 03, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
A new shipping business has passed a milestone with its 1,000th customer.
Island Bargains of Bermuda will tonight celebrate hitting four figures by sponsoring the first of the summer Harbour Nights in Hamilton.
The service was the brainchild of busin...
DATE: Jun 03, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Royal Gazette/BSX Index closed up 0.68 points (0.06 per cent) at 1,203.88.
The sole trade saw 2,000 shares worth $5,600 in telecoms firm KeyTech change hands.
KeyTech closed up five cents (1.8 per cent) at $2.80.
The BSX Insurance Index ended the...
DATE: Jun 03, 2015
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CATEGORY:
Bermuda Stock Exchange
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An excellence award has been presented to Bermuda Commercial Bank (BCB) for the “exceptional quality of payment messages” to Deutsche Bank’s Global Transaction Banking Operations unit for payments in euros during the 2014 fiscal year.
Last year, BCB ...
DATE: Jun 03, 2015
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CATEGORY:
Other
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Exor has filed a proxy statement with the US Securities and Exchange Commission (SEC) in an effort to directly reach PartnerRe shareholders ahead of next month’s vote on the proposed merger deal between Axis and PartnerRe.
And the investment firm, wh...
DATE: Jun 03, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
