75927 results returned for search: "" category "Business"
Major reinsurers may be facing credit rating downgrades after an industry watchdog warned the business had “nowhere to hide” from mounting competition.
The grim news — the worst outlook for eight years — came from ratings agency Standard & Poor’s (S&...
DATE: Jan 21, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Global banking giant HSBC is to sell off its $1.2 billion banking operation in Jordan.
HSBC Bank Middle East has struck a deal to sell its business in the Middle East state to the Arab Jordan Investment Bank.
The Jordanian business was made up of fou...
DATE: Jan 21, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Aon Benfield is hosting a thought leadership event at the Fairmont Hamilton Princess this week.
Some 80 participants from around the globe have travelled to Bermuda in order to participate in the two day conference.
It begins this morning and ends on...
DATE: Jan 21, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
The jobless total for last year has dipped compared to 2012, the latest Government statistics have revealed.
The 2013 unemployment rate was seven percent, compared to eight percent in 2012, with 2,569 people looking for work last year.
That represent...
DATE: Jan 20, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Small increases in the share prices of Butterfield Bank and two utility stocks sent The Royal Gazette/Bermuda Stock Exchange Index higher last week.
Butterfield gained one cent, or 0.7 percent, during the five days of trading to close the week on $1....
DATE: Jan 20, 2014
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CATEGORY:
Bermuda Stock Exchange
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Super-rich families in Asia, Latin America and the Middle East could be major targets for Bermuda’s wealth management industry, one of the organisers of a major conference next month said yesterday.
Jonathan Dunlop, chairman of the Bermuda branch of ...
DATE: Jan 20, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bermuda Stock Exchange rose 15.46, or 1.3 percent, to 1,197.89 with 17,541 shares trading at a total value of $62,041.59.
The insurance, utilities and banking sectors all saw movement on the BSX. Some 9,891 of The Bank of NT Butterfield Ltd shar...
DATE: Jan 20, 2014
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CATEGORY:
Bermuda Stock Exchange
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The number of new insurance companies registered in Bermuda last year jumped by nearly three quarters compared to 2012.
A total of 91 companies set up shop in the Island in 2013 — a 72 percent increase on the 53 registers the year before — and the Is...
DATE: Jan 20, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Dear Dave,
My husband works construction, so we barely scrape by during the winter months. Should we build an emergency fund for the slow times?
Cathy
Dear Cathy,
I think that’s a great idea. Although, I’d probably call it something other than an e...
DATE: Jan 18, 2014
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CATEGORY:
Other
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New Year’s reckoning.
It is time for your annual financial review.
Yes, it is time-consuming. It may take you a day, a couple, a week, or a month to go through all your last year’s financial activities. Additionally, this is a good time, a traditiona...
DATE: Jan 18, 2014
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CATEGORY:
Personal Finance
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