75927 results returned for search: "" category "Business"
A massive $50 million Government bond has sold out, Minister of Finance Bob Richards said today.
Mr Richards added that more than two-thirds of the bond orders — aimed at raising cash to reduce the Island’s debt — went to smaller investors and 90 per...
DATE: Dec 19, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Shares valued at just shy of $71,000 traded on the Bermuda Stock Exchange today, but no share prices changed value.
Butterfield Bank was the most actively traded stock, with 6,000 of its common shares changing hands, as the price remained on $1.49, a...
DATE: Dec 19, 2013
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CATEGORY:
Bermuda Stock Exchange
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Bermuda today signed an agreement to report to the US on American citizens’ bank accounts on the Island.
The intergovernmental agreement brings Bermuda in line with the US Foreign Account Compliance Act (FATCA), passed by the US government in a bid t...
DATE: Dec 19, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda had the greatest percentage of growth in its register of companies in the first half of the year compared to other offshore jurisdictions, a top law firm said yesterday.
The Island saw 538 new firms set up in the first six months of 2013 — wh...
DATE: Dec 18, 2013
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Computer company Bermuda Microsystems Group is launching a new store today.
The store is a dedicated space inside Bermuda Microsystems office on Midsea Lane off Serpentine Road.
The 1,600 square feet of space will display some of the latest notebooks...
DATE: Dec 18, 2013
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CATEGORY:
Local Business
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Traditional toys like Lego and dolls are top sellers this Christmas, retailers have revealed.
Charlene Brown, of the Annex toy store in the Phoenix Centre on Reid Street, said: “Lego is always very popular — it’s one of those classics, like Barbie do...
DATE: Dec 18, 2013
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda law firm MJM is to end the year on a high note.
The company will be listed in the International Financial Law Review (IFLR) magazine this month as a 2014 recommended firm in its IFLR 1000 mergers and acquisitions survey.
The recognition comes...
DATE: Dec 18, 2013
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Professional services firm PwC is to offer students a head start in the sector.
The global company has invited students attending or considering university to attend a special networking event on Friday.
PwC Bermuda director David Gibbons said: “In a...
DATE: Dec 18, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Four domestic-board stocks traded on the Bermuda Stock Exchange today, but their share prices all remained unchanged.
The largest volume was seen in shares of LOM (Holdings) Ltd, which remained on $2.30 as 10,000 shares changed hands.
Insurer Argus G...
DATE: Dec 18, 2013
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CATEGORY:
Bermuda Stock Exchange
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NEW YORK (Bloomberg) — Funds specialising in insurance-linked risks such as catastrophe bonds are benefiting as the $30 trillion pension industry increases bets in a market that hasn’t posted an annual loss.
At Leadenhall Capital Partners in London, ...
DATE: Dec 17, 2013
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CATEGORY:
Reinsurance
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