76379 results returned for search: "" category "Business"
Bermuda-based fund administrator, Opus Fund Services has launched a new service for compliance with the Foreign Account Tax Compliance Act (FATCA).
The service will be delivered by the FATCA Service Bureau, a joint service from Markit and Complianc...
DATE: Oct 29, 2013
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CATEGORY:
Other
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Bank of NT Butterfield Ltd gained one cent, or 0.7 percent, to $1.41 as 192,700 shares changed hands on the Bermuda Stock Exchange last week.
KeyTech Ltd lost 45 cents, or 8.0 percent, to $5.20 as 300 shares changed hands.
BF&M Ltd lost 40 cents, or ...
DATE: Oct 28, 2013
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CATEGORY:
Bermuda Stock Exchange
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XL Group plc has announced a quarterly dividend of $0.14 per ordinary share and dividend of $8.5957 per series D preference ordinary share.
The board of directors declared the quarterly dividend on October 24 of $0.14 per ordinary share, payable on t...
DATE: Oct 28, 2013
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CATEGORY:
International Business
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A.M. Best Co. has reported that they have assigned an issuer credit rating (ICR) of ‘bbb-’ to Global Atlantic Financial Group (Global Atlantic), headquartered in Bermuda.
The outlook, assigned by the insurance ratings company, is stable.
The financia...
DATE: Oct 28, 2013
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CATEGORY:
International Business
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Longtime South Shore restaurant Tio Pepe is to change hands.
The restaurant, oppositeHorseshoe Bay in Southampton, is being bought by Odilio Angeli, whose group Dining Bermuda includes Rustico, Flying Fish and The Dining Room at the lighthouse.
It’s ...
DATE: Oct 28, 2013
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CATEGORY:
Other
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By Rebecca Zuill
This Week in Bermuda’s (TWiB) team are determined their brand new, free-to-download app will be the ‘go-to’ digital address for visitors and residents to find out about attractions, shopping, events, businesses, beaches, eating and d...
DATE: Oct 28, 2013
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CATEGORY:
Other
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Energy goes to waste because there is no deal for power firm Belco to buy electricity generated through solar power by business users, a company chairman said.
Rod Ferguson, chairman of hardware store Gorham’s, said that, although Belco gave credit t...
DATE: Oct 28, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
American International Group (AIG) has hired Seraina Maag from XL Group to become president and chief executive officer of its operations in Europe, the Middle East and Africa (EMEA).
Maag will be based in London and will oversee AIG’s P&C insurance ...
DATE: Oct 28, 2013
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CATEGORY:
Other
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The Association of British Insurers says it’s too early to give figures on insured loss from the Hurricane strength winds that battered Britain and the Netherlands today.
A storm that hit Britain in 1987 storm caused 2.2 billion pounds of damage in t...
DATE: Oct 28, 2013
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CATEGORY:
Other
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Now that the dust has begun to settle from Washington’s debt ceiling drama which included a 16-day government shutdown, investors are left focusing on the damage done and what’s ahead for the world’s largest economy.
Clearly, America’s ongoing fisca...
DATE: Oct 26, 2013
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CATEGORY:
Other
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AUTHOR:
Bryan Dooley
