75930 results returned for search: "" category "Business"
Only 600 shares in the Bank of Butterfield changed hands today on the Bermuda Stock Exchange.
The sale left the bank unchanged at $1.45 a share.
The exchange closed at 1,169.81, also unchanged.
DATE: Nov 25, 2013
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CATEGORY:
Bermuda Stock Exchange
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Chief Justice Ian Kawaley presented a paper on Bermuda Trust Law at the International Trust and Tax Summit in Miami on November 19.
In a press release, it was stated that Justice Kawaley explained the general approach of Bermuda’s courts to applicati...
DATE: Nov 25, 2013
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CATEGORY:
Other
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Malta could become the “Bermuda of the Mediterranean” for insurance companies, the head of the subsidiary of a Bermuda-based firm said yesterday.
Mark Peeters, CEO of ArgoGlobal SE, which opened an office in Malta two years ago, said: “We were the fi...
DATE: Nov 22, 2013
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A green energy firm is to lease solar panels to homeowners — a first for Bermuda.
The offer from Alternative Energy Systems (AES) allows domestic users to get six solar panels installed with no upfront cost.
AES CEO Tim Madeiros said: “In the past ye...
DATE: Nov 22, 2013
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda needs to face the facts about itself — even the ‘ugly’ ones — if it is to develop a culture of business development.
That was the message from Bermuda Business Development Agency’s (BDA) new chief executive officer Stephen Lund, who was the k...
DATE: Nov 22, 2013
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
Getting Bermuda’s ailing economy back on track could take a few years, the chairman of the Island’s international business umbrella group said yesterday.
George Hutchings, who heads up the Association of Bermuda International Companies (ABIC) said th...
DATE: Nov 22, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Esso Bermuda airport refuelling team has won a top international award for safety.
The four-strong squad responsible for filling up the tanks on planes won the Global Aviation WINGS Award for a perfect safety record last year.
Esso aviation super...
DATE: Nov 22, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Custodian Life Ltd, as a class C insurer — the tier of licence for long-term insurers and reinsurers with total assets of less than $250 million — was one of the new companies to register in Bermuda during October.
In total there were seven new insu...
DATE: Nov 22, 2013
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CATEGORY:
International Business
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Bermuda has been given rated ‘largely compliant’ with international standards of tax transparency by the Organisation for Economic Co-operation and Development (OECD).
Finance Minister Bob Richards said he was “very pleased” with the rating, which p...
DATE: Nov 22, 2013
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CATEGORY:
Other
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Ace Ltd announced that John Lupica, chairman, insurance — North America, has been named to the additional position of vice-chairman, Ace Ltd and Ace Group Holdings.
Evan Greenberg, chairman and chief executive officer at Ace Ltd, said: “I am pleased ...
DATE: Nov 22, 2013
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CATEGORY:
Other
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