75924 results returned for search: "" category "Business"
Although several people on the streets of Hamilton said they had not had time to read up on Friday’s Budget, a few did offer their thoughts on what Finance Minister Bob Richards presented to the Island on Friday.
Stratton Hatfield, 28, said that whil...
DATE: Feb 25, 2014
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CATEGORY:
Economy
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Bermuda-based Hiscox Ltd yesterday announced a 12 percent rise in full-year pre-tax profit to £244.5 million ($406.8 million) — the second-best earnings in its history.
The insurer and reinsurer, which employs around 50 people in its Reid Street head...
DATE: Feb 25, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Senior members of the Civil Service will be accountable for the 2014 budget’s constraints, said Minister of Finance Bob Richards, speaking to a large audience at the Fairmont Hamilton Princess at the Chamber of Commerce’s annual post-budget breakfast...
DATE: Feb 25, 2014
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CATEGORY:
Other
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The need for international investment was the main focus at the Chamber of Commerce annual post budget breakfast, along with tourism, education and international business.
Minister of Finance Bob Richards spoke on the topics while providing a large a...
DATE: Feb 25, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Bankers have declined an opportunity to reply to an attack by Finance Minister Bob Richards on their lending and interest policies as a drag on Bermuda’s recovery from recession.
Bermuda Bankers’ Association chief Brendan McDonagh, the chairman and C...
DATE: Feb 25, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Digital TV provider WOW is to muscle in on the telecoms market with a package including phone, internet and television services that could help drive prices down.
WOW president and CEO Stanley Wright said the firm is to offer a range of packages — wi...
DATE: Feb 25, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Butterfield Bank today announced that full-year net income more than tripled to $78.2 million in 2013.
Core earnings, which eliminate items “outside the course of normal business”, were up 39.5 percent to $76.6 million.
In its earnings statement toda...
DATE: Feb 25, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
The Bermuda Stock Exchange advanced 6.22 last week, closing at 1,284.48.
Some 20,490 shares moved with a valued of $174,018.80.
Those numbers incorporate Bank of NT Butterfield Preference Shares closing at 1,182.00, down 6.00 on 38 trading. Butterfi...
DATE: Feb 24, 2014
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CATEGORY:
Bermuda Stock Exchange
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SYDNEY (Reuters) — The world’s top economies agreed on Sunday to develop stricter rules on cross-border taxation to close loopholes that have allowed multinationals such as Starbucks Corp, Google Inc, Apple Inc and Amazon.com Inc to avoid paying taxe...
DATE: Feb 24, 2014
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CATEGORY:
Other
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Premier Craig Cannonier last night hailed the recently unveiled budget as setting the Island on the road to recovery.
The 2014/15 Budget, tabled by Finance Minister Bob Richards on Friday, cuts public spending by $70 million and promises no Governmen...
DATE: Feb 24, 2014
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CATEGORY:
Economy
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AUTHOR:
Owain Johnston-Barnes
