75905 results returned for search: "" category "Business"
The second phase of a massive $90 million renovation at the iconic Hamilton Princess started today.
And among the additions to the hotel will be a new restaurant directed by celebrity chef Marcus Samuelsson.
Other renovations will include modernisati...
DATE: Sep 02, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Argus Group Holdings Ltd shed a cent in Bermuda Stock Exchange trading today.
The insurer fell 0.2 percent to close on $4, as 15,800 of its shares traded.
The only other stock to trade was Butterfield Bank, which remained unchanged on $1.99, as 17,94...
DATE: Sep 02, 2014
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CATEGORY:
Bermuda Stock Exchange
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Dear Dave,
I’m driving a 10-year-old car with 195,000 miles on it. The car needs $1,500 in repairs, and it’s worth $5,000. I have $40,000 in cash saved, $40,000 in investments and I make $80,000 a year. I also have $15,000 in student loan debt, but t...
DATE: Aug 30, 2014
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CATEGORY:
Personal Finance
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‘Failing to plan is planning to fail’, is a quote attributed to Sir Winston Churchill or President Roosevelt depending upon your side of the pond. The point remains that planning is critical, especially in challenging times like the Second World War ...
DATE: Aug 30, 2014
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CATEGORY:
Personal Finance
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NEW YORK (Bloomberg) — Robert Benmosche, who is stepping down this weekend after five years as American International Group’s chief executive officer, said he learned in May that he had nine months to a year to live.
Benmosche, 70, said in an intervi...
DATE: Aug 29, 2014
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CATEGORY:
Reinsurance
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Businesses that put solar-generated electricity into the Belco grid are finally to be paid for their power.
Belco CEO Walter Higgins yesterday revealed that the firm’s proposal to the Energy Commission to set up a temporary pay back scheme had been a...
DATE: Aug 29, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda-based former motorcycle racing professional is revving up to launch a motorbike taxi service across the Caribbean.
And Antoine Richards has ambitious plans to expand his business idea from the Caribbean to Central and South America and as f...
DATE: Aug 29, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
WASHINGTON (AM Best News Service) — Starr International Co scored a procedural victory in its $25 billion class-action lawsuit against the federal government over the bailout given to American International Group during the financial crisis of 2008.
...
DATE: Aug 29, 2014
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CATEGORY:
Reinsurance
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A gain of more than five percent in the share price of financial services holding company Somers Ltd helped the Island’s stock market to edge higher today.
Somers, which owns Bermuda Commercial Bank Ltd, gained 75 cents, or 5.5 percent, to close on $...
DATE: Aug 29, 2014
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CATEGORY:
Bermuda Stock Exchange
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The Fairmont Southampton has revamped 230 rooms as part of a hotel renovation scheme expected to cost more than $11.5 million.
And the hotel is set to refurbish a further 172 rooms over the winter — as well as hotel corridors.
Fairmont Bermuda managi...
DATE: Aug 28, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor