75898 results returned for search: "" category "Business"
Bacardi Ltd, the largest privately held spirits company in the world, has appointed Jacques Tortoroli as its chief administration officer, effective December 1.
In this newly created role, Mr Tortoroli is responsible for global finance, operations, i...
DATE: Nov 25, 2014
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CATEGORY:
Other
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RenaissanceRe Holdings Ltd is to acquire fellow Bermuda reinsurer Platinum Underwriters Holdings, Ltd in a $1.9 billion deal, the companies announced this morning.
The firms have entered into a definitive merger agreement under which RenaissanceRe wi...
DATE: Nov 24, 2014
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CATEGORY:
Other
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British media including national newspaper The Independent and leading business publication the Financial Times (FT) is reporting that Bermuda will not cooperate with a UK call to make the identities of company owners public. The FT story states that...
DATE: Nov 24, 2014
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
The Royal Gazette/Bermuda Stock Exchange Index closed down 3.00 for the week, finishing at 1,378.76 on Friday afternoon.
A total of 146,608 shares traded at a value of $359,893.07.
The Bank of NT Butterfield was the biggest trader with 130,408 share...
DATE: Nov 24, 2014
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CATEGORY:
Bermuda Stock Exchange
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A former Bermuda-based broker and dealer has been hit with a massive $26 million in fines and compensation.
ConvergEx Global Markets Ltd (CGM) — which closed its doors in 2012 — was ordered to pay the cash by a New Jersey court after it admitted wire...
DATE: Nov 22, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Royal Gazette/Bermuda Stock Exchange Index closed down 4.72 yesterday, ending the day at 1,378.76.
A total of 11,188 of Bank of NT Butterfield shares traded, at a value of $22,264.12. It closed at 1.99, down 0.01.
DATE: Nov 22, 2014
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CATEGORY:
Bermuda Stock Exchange
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Dear Dave,
My mother-in-law is in poor health and doesn’t have a lot of money. She has been giving us a lot of her earnings over the last couple of years as a kind of early inheritance, because she’s afraid she’ll spend it all. We’re setting it aside...
DATE: Nov 22, 2014
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CATEGORY:
Personal Finance
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Exclusive Home, a new store which opened its doors quietly on October 11, has Premier Michael Dunkley lined up to cut the ribbon tomorrow morning to officially launch the business.
The emporium sells home decor and furniture, which feature a rustic-...
DATE: Nov 21, 2014
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CATEGORY:
Local Business
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What’s possibly a once-in-a-lifetime opportunity is now available to Bermuda port lovers.
One of the world’s oldest and rarest ports is now here, courtesy of Burrows Lightbourn Ltd.
Scion was made in 1855, one of only a few ports on the market create...
DATE: Nov 21, 2014
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CATEGORY:
Local Business
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This year is set to one of the best in a decade for offshore mergers and acquisitions, a top law firm predicts.
Deals worth nearly $8.5 billion were done in Bermuda alone during the third quarter of the year — a total of 89 transactions with an avera...
DATE: Nov 21, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor