77114 results returned for search: "" category "Business"
The ‘merger mania’ that has swept through the Bermuda insurance market is unlikely to let up any time soon, according to a special report by AM Best.
The New Jersey-based credit rating agency argues that more takeovers are likely, driven by soft mark...
DATE: Jul 22, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
It was a quiet day for The Royal Gazette/BSX Index, with only 9,035 shares trading, worth a total of $20,429.
Shares of Butterfield Bank remained unchanged at $1.75 after 4,835 were exchanged, and there was no move in the closing price of KeyTech, at...
DATE: Jul 22, 2015
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CATEGORY:
Bermuda Stock Exchange
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Digicel Bermuda opened its new flagship store in Hamilton yesterday. Among those present at the ribbon-cutting ceremony were Premier Michael Dunkley, Digicel Bermuda chairman Charlie Marshall, Mayor of Hamilton Charles Gosling, and Grant Gibbons, Min...
DATE: Jul 21, 2015
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CATEGORY:
Local Business
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The America’s Cup is to be shown in China after a ground-breaking deal between event organisers and a Chinese sports channel.
CCTV Sports and Entertainment has acquired exclusive rights to broadcast all stages of the America’s Cup, giving the world’s...
DATE: Jul 21, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A management buyout of an arm of top offshore law firm Appleby is to go ahead, the firm has confirmed.
The move means the fiduciary and administration business, which has more than 320 staff, part of which is Bermuda-based, will be spun off in a deal...
DATE: Jul 21, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Happiness. How often do you hear people say they are unhappy? It seems that people feel that events, people, and circumstances that are outside of their control create their unhappy feelings. The challenge here is that they will forever feel this way...
DATE: Jul 21, 2015
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CATEGORY:
Other
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Shares of Somers Ltd improved by $3.50 (35 per cent) to close at $13.50 after 4,500 traded on The Royal Gazette/BSX Index.
also improving was Argus Group, which saw its shares improve 20 cents (5.3 per cent) to $4,00 after 3,000 were exchanged, and s...
DATE: Jul 21, 2015
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s insurance industry has awarded a massive $445,000 in scholarship funds.
The latest round of Bermuda Foundation for Insurance Studies awards to 12 Island students brings the total funding of new and current scholars to $708,000 for 26 studen...
DATE: Jul 21, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
In the world of high finance, Lee Slonimsky could well be one of a kind — a successful hedge fund manager who is also an author and poet. His new novel, Bermuda Gold, features the Island as one of its locations and has an image of St George’s Harbour...
DATE: Jul 20, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
An international companies umbrella group is to unveil its 38th annual scholarship winners on Wednesday.
Previous winners have lined up to praise the Association of Bermuda International Companies’ (ABIC) long-running scheme for helping them to get a...
DATE: Jul 20, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
