76384 results returned for search: "" category "Business"
Healthcare costs jumped by 7.7 percent last year compared to 2012, the latest consumer price survey has revealed.
The sector saw the biggest rise in costs — helping to propel the overall price of goods and services in Bermuda up 1.9 percent in Decemb...
DATE: Jan 30, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bermuda Stock Exchange declined 0.87 after a busy day of trading, finishing at 1,231.92.
Some 23,400 shares traded on a value of $146,290.00
Among the movers were Bank of NT Butterfield preference shares which saw 62 move at 1195.00, up 7.00, Ba...
DATE: Jan 30, 2014
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s house sales market has recorded its first increase in sales for six years, a top Island real estate agent said yesterday.
Rego Sotheby’s chief Buddy Rego said the struggling sector had been boosted by an easing off of restrictions on proper...
DATE: Jan 30, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bank of Butterfield has notched up a hat trick of international awards. The firm and its overseas subsidiaries won a total of three financial centre awards from UK-based wealth management publisher Citywealth.
Butterfield was named private bank o...
DATE: Jan 30, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bermuda Stock Exchange closed up 4.72, finishing the day at 1,232.79.
Some 12,644 shares moved at a value of $20,572.50.
Somers Limited saw 33 shares move at an unchanged 12.00, while Bank of NT Butterfield closed at 1.60, up 0.01.
DATE: Jan 29, 2014
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CATEGORY:
Bermuda Stock Exchange
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ACE Limited reported a record year which Evan Greenberg, the company’s chairman and chief executive officer, said was due to strong global premium revenue growth.
The highlights included full-year operating income of $3.2 billion, up 23 percent, and ...
DATE: Jan 29, 2014
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CATEGORY:
Reinsurance
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One of Bermuda’s oldest fashion names is to disappear.
Luxury retailer Cecile, which has occupied a site at 15 Front Street for more than 60 years, is to transfer its operations and be absorbed into high end accessories store and sister firm Lusso, a...
DATE: Jan 29, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Courses designed to prepare candidates to take on company directors’ roles are to be held in Bermuda for the first time.
The Island’s Institute of Directors (IoD) said tests for the four modules offered are aimed at preparing people to sit the Certif...
DATE: Jan 29, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A former gas station in St David’s is selling fuel again.
Esso pumps switched on at the old gas station last week — and owner David Roque said local people were happy to see fuel being sold at the site again.
Mr Roque added: “It’s been received very ...
DATE: Jan 29, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda-based insurance manager has issued a massive $50 million in at-risk notes through its private catastrophe bond arm.
Kane SAC yesterday announced the Bermuda Stock Exchange-listed issue, the second since the firm launched its catastrophe bon...
DATE: Jan 29, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
