77116 results returned for search: "" category "Business"
The reinsurance industry is under threat, according to financial newspaper The Economist.
In an article focused on the industry, the UK-based publication said insurers were increasingly bypassing reinsurers and offloading their risk directly to the c...
DATE: Jun 05, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Businesses across the Island are taking stock of the likely impact from a hike in electricity rates proposed by Belco on Wednesday.
Commercial users face an average increase of 15 per cent on their monthly electricity bill, with the largest commercia...
DATE: Jun 05, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Eight entrepreneurs who attended all three sessions of the Vendor Markets Seminar Series have been recognised for their commitment.
More than 150 people attended one or more of the seminars, which covered how to start up a vendor stall, how to mercha...
DATE: Jun 05, 2015
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CATEGORY:
Local Business
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More than 20 staff face the axe at Bermuda Gas after the firm announced it was to focus on its core business.
The firm said that retail appliance sales, parts and repair services would end and the firm would now concentrate on its original business o...
DATE: Jun 05, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Former Digicel Bermuda chief executive officer Wayne Caines is consulting for rival telecoms firms Bermuda CableVision, The Royal Gazette has learned.
Mr Caines left his Digicel post last July after six years with the company, but remained connected ...
DATE: Jun 05, 2015
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
A new range of trucks from South Korea have landed in Bermuda.
And the rugged commercial range from automaker Hyundai is ready to go to work, according to Auto Solutions chief Glen Smith.
He said: “We have a range of 11 trucks which are all new to th...
DATE: Jun 05, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda’s Supreme Court has rejected a bid by an Italian investment giant to get non-public information from buyover target PartnerRe.
Exor, run by the Agnelli family, who control car giants Fiat Chrysler, wanted information on shareholders in Partne...
DATE: Jun 05, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bank of Butterfield rose five cents to $1.70 on The Royal Gazette/BSX.
The three per cent increase in the bank’s price came after 10,000 shares changed hands.
Property firm West Hamilton Holdings fell 95 cents (15.8 per cent) to $5.05 after 900 o...
DATE: Jun 05, 2015
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CATEGORY:
Bermuda Stock Exchange
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Bermuda has been awarded provisional equivalence with tough new rules on business solvency by the European Commission.
The Island joins Australia, Brazil, Canada and the US in a delegated decision by the Commission under the Solvency II regulations, ...
DATE: Jun 05, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
More 1,000 firms set up shop in Bermuda last year — a four per cent jump on 2013.
The latest On the Register report from legal firm Appleby said 1,113 new companies opened on the Island, compared to 1,066 the previous year.
Appleby Services managing ...
DATE: Jun 05, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
