75897 results returned for search: "" category "Business"
Bermuda’s oldest electrical contractor has been bought out.
Bermuda Air Conditioning (BAC) Group has stuck a deal to take over Universal Electric Ltd (UEL).
The joint firm will now be known as BAC Universal Electric Ltd.
BAC Group managing director C...
DATE: Jan 26, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Axis Capital Holdings Ltd and PartnerRe Ltd have agreed to merge, the companies announced last night.
The deal — between two of the five biggest companies in the Bermuda insurance and reinsurance marketplace — will create a group with a market capita...
DATE: Jan 26, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The Royal Gazette/BSX Index slid 0.3 per cent last week, after shares of both Butterfield Bank and Bermuda Aviation Services Ltd fell.
Butterfield fell one cent, or 0.5 per cent, to close on $1.99, as more than 384,000 of its shares traded over the f...
DATE: Jan 26, 2015
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CATEGORY:
Bermuda Stock Exchange
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A total of 300 shares worth $4,275 changed hands on Bermuda Stock Exchange today.
The only stock to trade was financial services holding company Somers Ltd, which saw its shares unchanged at $14.25.
The Royal Gazette/BSX Index also closed unchanged ...
DATE: Jan 26, 2015
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CATEGORY:
Bermuda Stock Exchange
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The boss of a software engineering firm is to take over as chairman of a charity aimed at helping young people establish a career in IT.
Sandra DeSilva has been appointed to head the Technology Leadership Forum (TLF), replacing Dion Tucker, who has ...
DATE: Jan 26, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Dear Dave,
My mom and dad always told me to live below my means, but they never showed me how to make it happen. I’ve gotten out of debt and fallen back in several times. I want to get control of my money and stop busting my budget. How do I keep fro...
DATE: Jan 24, 2015
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CATEGORY:
Other
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By Jonathan Kent
Regulators are seeking comment on Digicel’s planned takeover of The Bermuda Telephone Company (BTC).
This evening, the Regulatory Authority of Bermuda (RAB), which oversees the telecommunications sector, said the proposed merger “fel...
DATE: Jan 24, 2015
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CATEGORY:
Other
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An innovative microinsurance venture incubator has been set up in Bermuda with the aim of helping to bring insurance and risk protection to billions of people in areas of the world underserved by the global insurance market.
The microinsurance ventur...
DATE: Jan 23, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
A real estate firm has honoured a record eight staff for a total of 125 years of service.
Coldwell Banker Bermuda Realty said the employees had worked for the firm for between five and 25 years.
The firm’s president and CEO Brian Madeiros said: “In t...
DATE: Jan 23, 2015
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CATEGORY:
Other
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A bid to boost the standards of company directors in Bermuda has been launched.
Financial services firm KPMG has teamed up with the Island branch of the Institute of Directors (IoD) to support professional development in the boardroom.
The move means...
DATE: Jan 23, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
