75908 results returned for search: "" category "Business"
Wealth inequality in Bermuda is the worst it’s been over the last century, according to economist and Bermuda College lecturer Craig Simmons.
The economist warned that failing to listen to the concerns of the people would only encourage the now ubiqu...
DATE: Jul 28, 2014
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CATEGORY:
Economy
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The Royal Gazette/Bermuda Stock Exchange Index remained unchanged on 1,371.68 today as only Ascendant Group Ltd traded among domestic-board issuers.
Ascendant, which owns electricity provider Belco, remained on $6.20 as 6,000 of its shares changed ha...
DATE: Jul 28, 2014
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CATEGORY:
Bermuda Stock Exchange
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Bermuda Commercial Bank has awarded a GOLD level scholarship to Dominic Tessitore, a 2014 graduate of the Berkeley Institute
He was presented his scholarship on Tuesday, July 22nd by Sponsorship Committee members Angelique Dowling and Stephen Outerbr...
DATE: Jul 28, 2014
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CATEGORY:
Other
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Even adjusting for extraordinarily low interest rates, global equities are expensive and finding double-digit annual real returns over the next five years is going to be tough.
What’s worse, key markets, notably the US, are so overpriced that there i...
DATE: Jul 26, 2014
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CATEGORY:
Personal Finance
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Is there a target on the back of my dress? Because it feels like there is a target on the back of my dress.
It was painted there by the financial services industry, which has grown hyper-aware of the fact that women have a lot of money and are about ...
DATE: Jul 26, 2014
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CATEGORY:
Personal Finance
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Dear Dave,
My wife and I have $25,000 in credit card debt, $2,500 in medical bills and $89,000 each in student loan debt from when we each got our masters’ degrees. We make about $100,000 combined. Our son is six years old, and we have $18,000 in a ...
DATE: Jul 26, 2014
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CATEGORY:
Personal Finance
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Bermudian teenager Nicholas Lines dreaded the thought of any ordinary summer job. He wanted to do something “interesting”, dreaming of making extra cash, doing something he loved and acting as his own boss.
Lines, inseparable from his boat, consider...
DATE: Jul 25, 2014
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CATEGORY:
Local Business
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The Royal Gazette/Bermuda Stock Exchange closed up 1.38 to finish the day’s trading at 1,374.76.
A total of 183,831 shares of Bank of NT Butterfield Limited moved, closing unchanged at 2.00.
BF & M shares traded, with 1,500 changing hands to close th...
DATE: Jul 25, 2014
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CATEGORY:
Bermuda Stock Exchange
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Bermuda re/insurer Validus Holdings Ltd last night reported second-quarter profit of $153.4 million.
The company’s net income surged fivefold from the second quarter of 2013 when significant catastrophe claims related to European floods impacted resu...
DATE: Jul 25, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
A ‘golden handshake’ amounting to a value of more than $10 million to Lancashire Holdings founder and retiring chief executive officer Richard Brindle impacted the reinsurer’s second quarter results announced yesterday.
The report stated: “Lancashir...
DATE: Jul 25, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
