75913 results returned for search: "" category "Business"
A liquid balance sheet and high capital levels has garnered the Bermuda Commercial Bank affirmation of its Long- and Short-term Issuer Default Ratings (IDRs) of ‘BBB-/F3’ and a stable rating outlook from Fitch Ratings.
It came with some concerns and ...
DATE: Jun 13, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
A new chapter in tourism begins next week as the Tourism Authority lays the foundation of a new approach to hospitality investment.
The Authority, an independent, non-government entity engaged to revive Bermuda tourism, is to be powered by four divis...
DATE: Jun 13, 2014
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CATEGORY:
Other
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A proposal to drag Belco power generation into the 21st century could eventually cost half a billion dollars, the company said in an interview yesterday.
It would include, in one of the first stages, an ambitious multiyear plan to begin mounting sola...
DATE: Jun 13, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
The Royal Gazette/Bermuda Stock Exchange closed up 1.20 to 1,403.37.
Bank of NT Butterfield Ltd saw 74,929 stocks trade to finish at an unchanged 1.99, and Somers limited saw 600 shares move, closing at 14.25, also unchanged.
Some 100 BF&M shares cha...
DATE: Jun 12, 2014
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CATEGORY:
Bermuda Stock Exchange
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White Mountains Insurance Group, Ltd. is entering the $15-billion a year travel insurance market in a 50/50 joint venture with DavidShield for the development, marketing and distribution of travel insurance worldwide.
The product will be based on the...
DATE: Jun 12, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
The Ascendant Group will soon unveil a multiyear energy plan which they say will revolutionise the Island’s power supply and begin transitioning Bermuda toward cleaner, more efficient and lower cost energy production.
Ascendant, the owner of electric...
DATE: Jun 12, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Ignition Technology Group Ltd has developed a new Rapid Technology Platform to help start-up firms, including new Insurance Linked Securities (ILS) Companies, establish a ready-to-use technology environment.
An offshore financial cloud service and ma...
DATE: Jun 12, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Bermuda businesses involved in export are now eligible for a market support scheme operated by UK Trade & Investment.
This was announced by Governor George Fergusson, speaking to the Chamber of Commerce yesterday.
The programme, Overseas Market Intro...
DATE: Jun 11, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
The Royal Gazette/Bermuda Stock Exchange closed down 9.23 yesterday, finishing the day at 1,402.17.
The movers included Bank of NT Butterfield Limited which saw 7,177 shares move closing at an unchanged 1.99.
Argus Group Holdings was down 0.49 after ...
DATE: Jun 11, 2014
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CATEGORY:
Other
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More clarity may be emerging in the prospects for the Newstead Belmont Hills Golf Resort & Spa, after more than three years of receivership.
The Royal Gazette was yesterday unable to confirm that all or parts of the resort will be brought out of rece...
DATE: Jun 11, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
