75920 results returned for search: "" category "Business"
Retail sales slid 2.3 percent in March compared to the same month last year — a dip partly attributed to a later Easter holiday this year.
Leading the slide were building supplies stores, whose takings slumped 19.2 percent on the back of a decline in...
DATE: May 08, 2014
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CATEGORY:
Economy
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AUTHOR:
Jonathan Kent
The global economy is undergoing a seismic shift which will lead to the emerging markets collectively becoming larger than today’s developed economies during the next 35 years.
That is one of the conclusions of a report by HSBC Global Research, entit...
DATE: May 08, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
London-based investment manager Securis had five entities registered in Bermuda during April, according to the Bermuda Monetary Authority’s monthly insurance incorporation statistics.
The registrations were special purpose insurers (SPIs) Securis Re ...
DATE: May 07, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
The Royal Gazette/Bermuda Stock Exchange Index closed up 32.81 yesterday, ending the day’s trading at 1,453.32.
Some 26,969 shares moved at a value of $94,641.89.
Banking was the only sector that saw activity with 23,336 Bank of NT Butterfield Ltd sh...
DATE: May 07, 2014
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CATEGORY:
Bermuda Stock Exchange
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The contractor — and not the taxpayer — is on the hook for millions of dollars in losses racked up as a result of “design challenges” on the hospital redevelopment project.
And Bermuda Hospitals Board (BHB) said the hit incurred by UK-based Sir Rober...
DATE: May 07, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Bell
Bermuda is the inspiration for vineyard vines’ — the American prep clothier — summer 2014 collection.
With stores from Newport Beach to Nantucket, vineyard vines — best known for their whimsical neckties and smiling pink whale logo, along with a liv...
DATE: May 07, 2014
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
The Royal Gazette/Bermuda Stock Exchange Index remained unchanged at 1,453.32 today as no domestic-board shares traded.
Among international companies, 26,800 shares of HSBC Holdings traded at a cost of $273,540.
The BSX Insurance Index gained 12.55 p...
DATE: May 07, 2014
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CATEGORY:
Bermuda Stock Exchange
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NEW YORK (Bloomberg) — American International Group, the largest commercial insurer in the US and Canada, said first-quarter profit fell 27 percent as claims costs climbed at the property-casualty business. The stock dropped in extended trading.
Net ...
DATE: May 06, 2014
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CATEGORY:
Reinsurance
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Argo Group International Holdings Ltd made good on their initiative to expand margins with reported profits of $40.2 million for the first quarter ended March 31 — an increase of more than $7 million over the same period last year, and after-tax oper...
DATE: May 06, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
The Royal Gazette/Bermuda Stock Exchange Index was down yesterday at 1,420.51, losing 0.62 after KeyTech declined 0.05 in trading.
The BSX saw some 6,100 shares move at a value of $65,467.00.
The utilities sector was the biggest trader with 3,200 sha...
DATE: May 06, 2014
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CATEGORY:
Bermuda Stock Exchange
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