77130 results returned for search: "" category "Business"
International telecoms firm Digicel has set up a deal to buy the Bermuda Telephone Company — just months after it was sold to Canadian-led Barrie Holdings, The Royal Gazette can reveal.
A spokeswoman for Digicel confirmed: “As a complete communicatio...
DATE: Jan 15, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Retail sales dropped slightly in November last year after adjustment for inflation, the latest figures have revealed.
Shoppers bought a total of $93 million in goods and services, with $6 million of it being spent abroad.
And today the Bermuda Chambe...
DATE: Jan 15, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Plunging fuel costs limited the rise in the cost of living in November, according to Government statistics released today.
The Consumer Price Index measured the annual rate of inflation at 2.3 per cent, down from 2.6 per cent in October.
The main inf...
DATE: Jan 15, 2015
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CATEGORY:
Economy
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AUTHOR:
Jonathan Kent
More than 16,800 shares, worth $78,688, traded on The Royal Gazette/BSX.
A total of 7,000 Bank of Butterfield shares were sold, lifting the closing price one cent (0.05 per cent) to $2.
In the insurance sector, shares of BF&M and Argus were traded.
A...
DATE: Jan 15, 2015
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CATEGORY:
Bermuda Stock Exchange
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Bermuda re/insurer Validus Holdings Ltd last night said it has opened a new office in Boston, Massachusetts.
The operation, Validus Underwriters, Inc, will strengthen the company’s US platform, which already comprises offices in Miami, New York, and...
DATE: Jan 14, 2015
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CATEGORY:
Reinsurance
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A long-established Front Street furniture firm is to shut up shop.
The Living Centre store is to close its doors on Saturday and financial services firm Deloitte has been appointed as receivers.
A legal notice in The Royal Gazette in November announc...
DATE: Jan 14, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
LOM Stockbrokers Ltd announced that John Portelli has been promoted to vice-president — investments.
Mr Portelli joined LOM in March 2010 as a financial adviser and has since risen to his new position.
Michael Greaves, sales manager at LOM said: “I...
DATE: Jan 14, 2015
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CATEGORY:
Other
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A new nail and beauty spa has been described as “an oasis in the city of Hamilton”.
Tucked away in the peaceful surroundings of Victoria Place’s courtyard level, at 31 Victoria Street, it’s easy to see why Ani’s Nail and Beauty Lounge has attracted ...
DATE: Jan 14, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
A top executive at Bermuda-based PartnerRe is to quit his job for a senior role at the Lloyd’s of London financial watchdog.
Brian Secrett, head of catastrophe reinsurance at PartnerRe, is to join the Performance Market Directorate at Lloyd’s, which ...
DATE: Jan 14, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Shares of KeyTech Ltd gained 1.4 per cent in Bermuda Stock Exchange trading today.
The telecommunications group rose five cents to close on $3.75 as 3,477 shares traded.
The only other stock to trade yesterday was Ascendant Group Ltd, owner of electr...
DATE: Jan 14, 2015
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CATEGORY:
Bermuda Stock Exchange
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