76379 results returned for search: "" category "Business"
Polaris Holding Company Limited has announced the appointment of Warren Jones as its chief executive officer.
Beginning in January, Mr. Jones will be responsible for overseeing the day-to-day operations of the Group’s subsidiaries Stevedoring Service...
DATE: Nov 01, 2013
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Sparks flew yesterday as solar energy suppliers hit back at power firm Belco over an agreement to buy back excess power generated by the sun.
A spokesman for the Bermuda Sustainable Energy Association (BSEA) dismissed claims by Belco that the industr...
DATE: Nov 01, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A new company — P3B Consulting — has launched, to provide business services on two fronts — human resources and IT systems and procedures.
P3B is a product of our times. As established businesses tighten their belts, justifying the expense of additio...
DATE: Nov 01, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Happy 100th birthday to the United States Federal income tax which was signed into law on October 3, 1913.
The initial income tax rate in 1913 was one percent with a one percent surcharge on income over $20,000 rising to a six percent surtax for inco...
DATE: Nov 01, 2013
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CATEGORY:
Other
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Butterfield Bank says its loan portfolio is “stable”.
However, across the Group, non-performing residential mortgages increased by $9 million over the last nine months.
Non-performing loans are where the debtor is significantly behind on making their...
DATE: Nov 01, 2013
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CATEGORY:
Other
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Led by increases in the health and personal care sector, consumers paid 1.8 percent more in September 2013 than they did a year ago for the basket of goods and services included in the consumer price index (CPI).
The total cost of the health and pers...
DATE: Nov 01, 2013
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CATEGORY:
Local Business
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Insurers look set to pay 300-500 million pounds ($480 to $800 million) to cover UK claims related to damage caused by the St Jude’s Day windstorm, broker Willis Re estimated.
The figure falls short of having a material impact on profits for the insur...
DATE: Oct 31, 2013
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CATEGORY:
Other
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Butterfield Bank shares rose 3 cents, or 2.12 percent, to $1.44 as 50,000 changed hands.
The shares’ 52-week high is $1.50.
Overall the BSX ended the day up 14.16 or 1.22 percent at 1,171.54.
DATE: Oct 31, 2013
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CATEGORY:
Bermuda Stock Exchange
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Commercial users of solar power already export electricity to power firm Belco, but they don’t get paid for it, an industry expert said yesterday.
Tim Madeiros — boss of Alternative Energy Systems (AES) — said he had been working for four years to th...
DATE: Oct 31, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Reinsurance giants XL yesterday posted a net income of $135.6 million for the third quarter of the year, figures from the company revealed.
But the firm also recorded natural catastrophe pre-tax losses net of reinsurance and reinstatement premiums of...
DATE: Oct 31, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
