75908 results returned for search: "" category "Business"
HOUSTON, CHICAGO (Bloomberg) — A Norwegian drill rig owner is supplying Russian oil giant OAO Rosneft and Exxon Mobil Corp. with the kind of high technology that will be barred under US and European Union sanctions taking effect shortly.
Though the E...
DATE: Aug 04, 2014
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CATEGORY:
Other
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Consumers paid 1.8 percent more in June 2014 than they did a year ago for the basket of goods and services included in the Consumer Price Index (CPI). This level of inflation decreased 0.3 percentage points from the 2.1 percent measured in May 2014. ...
DATE: Aug 04, 2014
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CATEGORY:
Economy
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Dear Dave,
What’s the difference between a Chapter 7 bankruptcy and Chapter 13 bankruptcy?
Claudia
Dear Claudia,
Chapter 7 bankruptcy is what most people think about when they hear the word ‘bankruptcy.’ It’s total bankruptcy, almost like dropping a...
DATE: Aug 02, 2014
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CATEGORY:
Other
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The Royal Gazette/Bermuda Stock Exchange closed up 4.72 at 1,385.42 on Wednesday, before closing for the Cup Match holiday on Thursday and Friday, after the Bank of NT Butterfield rose 0.01 to close at 2.00.
Some 250,246 shares of the banking sector...
DATE: Aug 02, 2014
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CATEGORY:
Bermuda Stock Exchange
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There was evidence of a Bermuda economy still in flux from the economic recession this week, as confirmation came that the Bermuda money supply this Cup Match holiday was at a seven-year low.
The news came during Bermuda tourism’s high season, and at...
DATE: Jul 31, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Incorporation documents for Barrie OpCo Ltd, the company that is set to buy The Bermuda Telephone Company Limited (BTC) from KeyTech Group of Companies, posed new questions about the buyer and the purchase agreement.
While a KeyTech press release des...
DATE: Jul 30, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
The Bank of NT Butterfield & Son Ltd has declared net income for the second quarter ended 30 June of $27.5 million, down from $32.9 million in the same quarter a year ago.
The six-month net income was $50.7 million, up from $46.2 million for last ye...
DATE: Jul 30, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
In the US, a specific month has for some time been named as Life Insurance Awareness Month. If I had my way, we would do the same thing in Bermuda. It is that important.
Because of its implications, people seem averse to talking about life insurance ...
DATE: Jul 30, 2014
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CATEGORY:
Other
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As reported in last month’s column, the Internal Revenue Service announced changes to the Offshore Voluntary Disclosure programme effective July 1, 2014. What has been overlooked by individuals who have failed to report foreign financial assets is an...
DATE: Jul 30, 2014
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CATEGORY:
Other
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A new summer camp is aiming to create the entrepreneurs of tomorrow by teaching young Bermudians the much-vaunted skill of ‘coding’.
Touted across the globe as “the new cursive”, coding — the process of telling a computer in its own language what to ...
DATE: Jul 30, 2014
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CATEGORY:
Other
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