76393 results returned for search: "" category "Business"
Window cleaning, garage sorting, boat cleaning ... the list of jobs on people’s to-do list is usually long, and there’s never time to do it.
These are also times of unemployment and underemployment — and with the culture of entrepreneurship strong in...
DATE: Apr 04, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Efficient Technologies Bermuda Limited (Eff-Tech) has been named the official distributor of Mitsubishi Electric Cooling and Heating solutions (Mitsubishi Electric).
Mitsubishi Electric, which is headquartered in Georgia, is a leading marketer of duc...
DATE: Apr 04, 2014
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CATEGORY:
Local Business
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A British resident of Bermuda and long-time customer of HSBC Bermuda was told by a bank employee that if she could not produce evidence of her ties to the Island, her account could be frozen.
The 39-year-old woman, who had gone into the bank to close...
DATE: Apr 04, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Butterfield Bank traded heavily on the Bermuda Stock Exchange today, but its share price remained rooted on $1.98.
In total, 179,951 of the bank’s shares changed hands. Insurer BF&M Ltd was the only other company to trade, with 14 of its shares chang...
DATE: Apr 04, 2014
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CATEGORY:
Bermuda Stock Exchange
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Mutual insurer OIL is to pay a total $300 million dividend to its energy industry members after it booked a full-year profit of $631.9 million.
The Bermuda-based company told shareholders at its annual meeting last week that it wrote and earned $550....
DATE: Apr 03, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Ocean Wilsons — a Bermuda-based holding company listed on the Bermuda Stock Exchange (BSX) which runs shipping and port services in Brazil — saw its 2013 operating profit soar by 40 percent to $119 million.
That number is a tenth higher than forecast...
DATE: Apr 03, 2014
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
Bermuda law firm MJM Ltd received praise from clients and was highly ranked by Chambers & Partners in the Chambers Global Rankings 2014 for Bermuda.
Chambers praised MJM’s Dispute Resolution team as “Highly rated by clients for its personal and pract...
DATE: Apr 03, 2014
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CATEGORY:
Local Business
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Reinsurers will report solid underwriting profits for the first quarter of this year as catastrophe loss events were limited, according to Fitch Ratings.
Losses from severe winter weather in the US and widespread flooding in the UK will be “manageabl...
DATE: Apr 03, 2014
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CATEGORY:
Reinsurance
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Bermuda-based Catlin Group Ltd has stressed the need for further research on climate change in order that the insurance industry can adequately plan for the risks associated with the impact on the planet.
The company’s statement followed the release ...
DATE: Apr 03, 2014
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CATEGORY:
Reinsurance
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The Bermuda Stock Exchange closed unchanged at 1,389.16.
Some 42,077 Bank of NT Butterfield Ltd shares traded at a stable 1.98. The value of the day’s trading was $83,312.46.
DATE: Apr 03, 2014
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CATEGORY:
Bermuda Stock Exchange
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