75927 results returned for search: "" category "Business"
A Bermuda bank has launched a charity drive as part of a plan to underline the spirit of Christmas.
The Capital G ‘Holiday Giving Back’ — the seventh of its type — aims to raise funds for the charity Meals on Wheels.
Capital G president and CEO Ian T...
DATE: Nov 05, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The former chairman of drinks giant Bacardi has died, the company announced on Monday.
Manuel Jorge Cutillas, the first chairman of the group of Bacardi firms that formed Bacardi Ltd in 1992, was 81.
Facundo L. Bacardi, the present chairman, said: “...
DATE: Nov 05, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Willis Capital Markets & Advisory (WCMA), has announced it has structured and placed a $300 million catastrophe bond transaction sponsored by Catlin Insurance Company Ltd and subsidiaries. Catlin Group Limited is a global reinsurer that underwrites a...
DATE: Nov 05, 2013
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CATEGORY:
Other
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Bermuda is expected to fork out more than 60 percent of the costs of the UK’s largest peacetime fire and explosion, Minister of Finance Bob Richards said yesterday.
Bermuda-based firms are likely to be liable for 62 percent of the claims resulting fr...
DATE: Nov 05, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
by Rebecca Zuill
Hiscox Ltd’s gross written premiums increased year-on-year by 10.1 percent to £1,370.5 million (2012: £1,244.4 million) driven by good growth in insurance business, the Group has announced.
Hiscox, an international specialist insurer...
DATE: Nov 05, 2013
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CATEGORY:
International Business
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The Bermuda Stock Exchange was down by 4.72, closing at 1,167.00.
The Bank of NT Butterfield Ltd fell by 0.01, after 12,000 shares traded at 1.42. Ascendant Group Limited also saw movement with 2,300 shares moving at an unchanged 11.00.
DATE: Nov 05, 2013
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CATEGORY:
Bermuda Stock Exchange
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Telecommunications Regulatory Authority commissioner John Cunningham has stepped down, it was announced on Friday.
John Cunnihgham — a partner in specialist technology law firm Allens who was appointed earlier this year for a four-year term — said ...
DATE: Nov 04, 2013
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A reborn business specialising in bulk buying is doing a roaring trade — thanks to the recession.
Edward Correia and business partner Octavio Mendonca opened A&M Bulk after they bought out the former Fresh N New in Smiths just four months ago.
And Mr...
DATE: Nov 04, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A deep-sea treasure-hunting firm part-owned by former Premier David Saul is at the centre of a storm after a US fund manager said it was run to benefit its executives, not its shareholders.
But Odyssey Marine Exploration (OMEX) hit back and branded t...
DATE: Nov 04, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Shares in real estate firm West Hamilton Holdings dropped by 4.2 percent last week.
A total of 300 shares traded in the firm, and it ended with a closing price of $5.75, down 25 cents.
The most actively traded stock of the week was the Bank of NT But...
DATE: Nov 04, 2013
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
