77143 results returned for search: "" category "Business"
Oslo (Bloomberg) — North Atlantic Drilling Ltd., the rig-owner controlled by billionaire John Fredriksen, signed a cooperation deal with OAO Rosneft that will make Russia’s biggest oil company one of its largest shareholders.
The accord, signed as th...
DATE: May 27, 2014
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CATEGORY:
Other
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The Royal Gazette/Bermuda Stock Exchange closed down 17.40 for the week, ending on Friday at 1,406.29.
Decliners outpaced advancers with five companies closing down, while two were up. Some 634,349 shares moved, at a value of $1,569,069.51.
The Bank ...
DATE: May 27, 2014
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CATEGORY:
Bermuda Stock Exchange
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According to forecasts, the hurricane season this year will be relatively quiet with ‘only’ nine named storms and three hurricanes — one of which will be intense.
That compares to the average of 12 named storms, including six hurricanes, three of whi...
DATE: May 27, 2014
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CATEGORY:
Other
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Shares of Argus Group Holdings Ltd soared nearly 19 percent in Bermuda Stock Exchange trading today.
Somers Ltd, the parent company of Bermuda Commercial Bank, also had a good day, soaring to a new 52-week high.
Argus closed up 75 cents, or 18.8 perc...
DATE: May 27, 2014
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CATEGORY:
Bermuda Stock Exchange
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The Royal Gazette/Bermuda Stock Exchange Index closed down 33.19 yesterday, finishing the day at 1,406.29.
Some 60,900 shares moved at a value of $155,043.00.
Bank of NT Butterfield Limited was a major mover with 48,500 shares changing hands at 2.00,...
DATE: May 24, 2014
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CATEGORY:
Bermuda Stock Exchange
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Dear Dave,
My wife and I are debt-free except for our house, and she would like for us to go ahead and start a family.
I make good money, but I’d still like to wait a little longer and add some extra to our emergency fund before taking that step.
Who...
DATE: May 24, 2014
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CATEGORY:
Personal Finance
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Ethics, that diatribe trotted out again.
Is an ethical politician an oxymoron?
Viewing this week’s headlines, one can only sigh, not again! Are we, the public, too naively trusting? Do we need to adapt a cynically eroded perspective for all things ...
DATE: May 24, 2014
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CATEGORY:
Personal Finance
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Amlin plc warned on increasing competition in the property and catastrophe reinsurance market as it reported that gross premiums written grew five percent during the first quarter, driven by strong growth in its Bermuda unit.
The British company’s op...
DATE: May 23, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
A Bermuda investment-holding entity is at the centre of a US criminal legal case that has resulted in hedge fund managers pleading guilty to a federal conspiracy charge on Wednesday.
Three former executives of a Ridgefield-based hedge fund have admit...
DATE: May 23, 2014
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
Good food, friendly service and Bermudian staff out front dealing with customers — that is the formula that has enabled the group that owns the Flanagan’s restaurant to expand through a lingering recession.
Now Harbourside Holdings Ltd is preparing t...
DATE: May 23, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent