75927 results returned for search: "" category "Business"
Royal Palms Hotel is the top guest property in Bermuda, according tripadvisor.com — the website which describes itself as the world’s largest travel site.
tripadvisor ranks hotels according to the feedback it receives from visitors, who rate the prop...
DATE: Jan 14, 2014
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
The Bermuda Stock Exchange rose 9.05 closing at 1,187.35 after a busy day of trading which saw 46,538 shares changing hands at a value of $146,498.04.
KeyTech Ltd increased 13.8 percent, or 0.74, after 11,485 shares changed hands at 6.09.
Bank of NT ...
DATE: Jan 14, 2014
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CATEGORY:
Bermuda Stock Exchange
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A bank ban on US travellers’ cheques and money orders was yesterday blasted by the boss of an tourist booking service.
And Fiona Campbell, owner of Bermuda Acommodations, said the move could damage the Island’s already struggling visitor industry.
Ms...
DATE: Jan 14, 2014
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CATEGORY:
Local Business
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American International Group CEO Robert Benmosche has been named Insurance Leader of the Year by St John’s University’s School of Risk Management (SRM).
Mr Benmosche will be honoured at a dinner on Wednesday at 6pm at the Marriott Marquis in New York...
DATE: Jan 14, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
A special purpose reinsurer run by Bermuda-based Everest Re has smashed its target funding of $250 million by $120 million.
Everest Re said its Mt Logan Re arm had secured additional funding — bringing its total capacity to $370 million.
Mt Logan Re ...
DATE: Jan 13, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Ratings agency AM Best may upgrade Tower Group International — providing its planned merger with fellow Bermuda company ACP Re Ltd goes through.
Best has maintained troubled Tower’s ratings with an under review status, but has revised the implication...
DATE: Jan 13, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Luxe Salon, the Hamilton beauty salon that opened in November, officially launched its website and mobile app on Friday evening at a special celebratory event.
The salon’s mission is that clients ‘Get luxed’, and to that end, the stylists at the 20 R...
DATE: Jan 13, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
A Bermuda-listed firm has issued $400 million worth of ten-year notes.
The issue was announced by Hong Kong Land Holdings, part of the Bermuda-domiciled Jardine Matheson empire.
The issue will be made through The Hong Kong Land Finance (Cayman Island...
DATE: Jan 13, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Six domestic-board companies saw their stock prices fall in Bermuda Stock Exchange trading last week, two of them by double-digit percentages.
The Royal Gazette/BSX Index slid 25.06 points, or 2.12 percent, to end the week on 1,178.31.
Worst-hit was...
DATE: Jan 13, 2014
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CATEGORY:
Bermuda Stock Exchange
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Butterfield Bank has bought over a multibillion dollar trust and corporate services business in Guernsey — its first buy since the global financial crisis started to bite in 2007.
The Bermuda bank has agreed terms with Legis Group Holdings and is exp...
DATE: Jan 13, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor