77130 results returned for search: "" category "Business"
A glitch in credit and debit card machines has crippled some retailers in the run-up to Christmas, The Royal Gazette can reveal.
Some point-of-sale card-swipe machines have closed down due to a time limit on their use — now HSBC is scrambling to find...
DATE: Dec 16, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Options. As we move through our lives and our vocations we always face options as to which path to take. We can all take advice on which path to take but in the final analysis a choice between two reasonable options will always provide benefits and t...
DATE: Dec 16, 2014
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CATEGORY:
Other
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A bank chief who left Clarien Bank three months ago is to join its parent company in a top role.
Zoran Fotak — who left Clarien Bank earlier this year — will become CEO of CWH Ltd, which is the 80 per cent majority shareholder in Clarien Bank.
Mitche...
DATE: Dec 16, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The standard shopping basket of goods and services was 2.6 per cent more expensive in October than a year earlier, the latest Government statistics have revealed.
The average cost of items on the Consumer Price Index (CPI) rose by 0.3 per cent from S...
DATE: Dec 16, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
A new reinsurance company has launched in Bermuda with the aim of expanding the reach of insurance-linked securities (ILS).
Sequant Re Holdings Ltd announced today that its new Class 3 Bermuda reinsurer had completed its financing.
The company said S...
DATE: Dec 16, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
A total of 30,720 shares worth $137,514 today changed hands on The Royal Gazette/BSX.
Communications firm KeyTech saw 400 shares trade, leaving it down 40 cents (11.1 per cent) at $3.20 — a new 52-week low.
Bermuda Aviation Services finished the day...
DATE: Dec 16, 2014
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CATEGORY:
Bermuda Stock Exchange
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Telecoms firm CableVision is to increase its infrastructure capability by 50 times, the firm has revealed.
The firm said it would use fibre networks direct to homes and lead to faster download times and allow for new services.
CableVision CEO Terry R...
DATE: Dec 16, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Hurricanes Fay and Gonzalo drove the Retail Sales Index up for October, according to figures and analysis released this morning.
The Department of Statistics reported that retail sales for the month were 4.4 per cent higher than the $82.2 million rec...
DATE: Dec 16, 2014
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
A flood of alternative capital into reinsurance could cause instability and put the industry’s reputation at risk.
And XL Group CEO Mike McGavick called for a renewed focus to enhance “trust in the system”.
Mr McGavick said at a conference in Bermuda...
DATE: Dec 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The struggling commercial real estate sector is bouncing back, according to the latest figures.
Real estate firm Coldwell Banker said it had rented or placed in contract nearly 80,000 square feet of office space this year — most of it in the City of ...
DATE: Dec 15, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
