76396 results returned for search: "" category "Business"
AM Best has downgraded the financial strength rating of Bermuda-based insurer Tower Group’s subsidiaries to C++ from B.
Tower Group’s share price has plunged nearly 90 percent after hitting a $22 high last summer since the company had to raise reserv...
DATE: May 13, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
Telecommunications group KeyTech Ltd slumped nearly four percent in Bermuda Stock Exchange trading today.
KeyTech, which owns Bermuda Telephone Company and Logic Communications, shed 19 cents, or 3.8 percent, to close on $4.76 on the trading of 1,200...
DATE: May 13, 2014
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CATEGORY:
Bermuda Stock Exchange
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The rise in company incorporation numbers show that Bermuda is “moving in the right direction after a number of difficult years,” Minister of Education and Economic Development, Dr Grant Gibbons told the House of Assembly on Friday.
He said: “Honoura...
DATE: May 12, 2014
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CATEGORY:
Other
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A new restaurant and bar will be opening on May 24 at the Fairmont Hamilton Princess on the hotel’s marina, which is currently under construction.
The new restaurant and bar — which means 30 jobs — is situated in one of Bermuda’s most breathtaking l...
DATE: May 12, 2014
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CATEGORY:
Other
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Dear Dave,
My wife and I have a friend we met through the Big Brothers Big Sisters programme. She has a 1-year-old child, and she recently asked us for some money. We don’t really approve of how she’s choosing to spend her money — she’s spending a l...
DATE: May 10, 2014
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CATEGORY:
Personal Finance
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The Bank of NT Butterfield Ltd drove The Royal Gazette/Bermuda Stock Exchange up 4.72 to close the week at 1,427.55.
The Banking sector equity saw 4,500 shares trade yesterday when they moved at 2.00, which is up 0.01 on its previous closing price.
B...
DATE: May 10, 2014
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CATEGORY:
Bermuda Stock Exchange
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In the end, the consumer speaks
The serious refrains are constant: Bermuda needs jobs. Bermuda needs new businesses (or increases in existing businesses) to create jobs. Bermuda needs increased consumer activity and commercial interests participation...
DATE: May 10, 2014
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CATEGORY:
Personal Finance
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Arthur Morris of the Arthur Morris Group and a founder of the Bermuda Society of Chartered Accountants, has died at the age of 80 after an illness.
According to an interview with business writer Roger Crombie, at the beginning of his career in the ea...
DATE: May 09, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
A website that is described as gathering links to all the latest information that relate to Bermuda is being rolled out today.
A press release announcing the launch and describing the website explained: “Bermudatoday.com automatically pulls together ...
DATE: May 09, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Shares of Bermuda-based insurer Tower Group International Ltd surged more than 30 percent yesterday after the company announced an amendment to its merger agreement with fellow Bermuda company ACP Re Ltd.
In Nasdaq trading in New York, Tower shares w...
DATE: May 09, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
