75904 results returned for search: "" category "Business"
Bermuda has taken a bold step to modernize its fund legislation, which will make it faster, easier and more cost effective to establish investments funds in Bermuda.
Government and business groups hope the changes will advance Bermuda’s position as ...
DATE: Oct 07, 2013
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Other
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Steven A. Cohen, the billionaire founder of SAC Capital Advisors LP, is seeking a buyer for the reinsurer in Bermuda he formed last year as his hedge fund fights US insider-trading charges, Bloomberg reports, citing a person familiar with the matter....
DATE: Oct 07, 2013
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KeyTech Ltd climbed 43 cents, or 8.4 percent, to $5.55 as 1,400 shares changed hands on the Bermuda Stock Exchange yesterday.
Ascendant Group Limited lost 30 cents, or 2.6 percent, to $11.20 as 1,000 shares changed hands.
Overall, it was a quiet day ...
DATE: Oct 05, 2013
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CATEGORY:
Bermuda Stock Exchange
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Ethical breakdowns. Many Bermuda residents will remember (and many invested in or lost money in) WorldCom, the highflying telecommunications firm of the late 1990 tech stock era. As you may also recall, WorldCom went bankrupt. Summarised later, in a ...
DATE: Oct 05, 2013
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Dear Dave: Should families who are struggling to pay off debt still give their kids commissions for doing chores? — Steve
Dear Steve: Yes, but it doesn’t have to be a lot of money. Kids seldom get paid an amount that is equal to what the chore is wor...
DATE: Oct 05, 2013
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The Washington Mall is renting out kiosks to merchants to boost business at the shopping centre.
Washington Properties general manager Paul Slaughter explained the economic downturn had inspired new thinking at the Hamilton mall.
“We do have empty u...
DATE: Oct 04, 2013
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by Rebecca Zuill
CNS Business is reporting that the Cayman Island’s general registry has ‘finally made the move’ to a paperless format, and officials in the offshore financial centre are saying that benefits include an expedited service which mean co...
DATE: Oct 04, 2013
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Other
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A new player in insurance is hoping to tap into the niche market of group insurance.
And MoonGate Insurance Group has already flagged down its first clients — the Bermuda Taxi Owners and Operators Association (BTOA).
MoonGate president and CEO Leon B...
DATE: Oct 04, 2013
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Other
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Bermuda’s Endurance Specialty Holdings says it’s “extremely disappointed and puzzled” by Moody’s decision to downgrade its ratings.
The re/insurer accused the ratings agency of disregarding its recent financial improvements and strong stock market pe...
DATE: Oct 04, 2013
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Other
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American Safety Insurance Holdings, Ltd. announced the successful completion of its previously announced acquisition by Fairfax Financial Holdings Limited.
American Safety is a Bermuda-based holding company offering insurance for speciality risks th...
DATE: Oct 04, 2013
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CATEGORY:
International Business
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