77143 results returned for search: "" category "Business"
A Bermudian tycoon based in London has sealed a multimillion dollar deal to sell his online delivery firm to eCommerce giants eBay.
Tom Allason, who spent much of his early life on the island and whose mother Nicole still lives here, founded his Shut...
DATE: Oct 25, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A new health and fitness centre — with a twist — is set to open up on Victoria Street.
Owned by fitness trainer Caroline Tee, Horizon Health will offer personal fitness training and group classes with a focus on corrective posture and functional exer...
DATE: Oct 25, 2013
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Validus Holdings said it made a profit of $183.4 million, or $1.77 per diluted common share for the three months ended September 30, compared to $207.3 million, or $2.11 per diluted common share last year.
The re/insurer said net operating income for...
DATE: Oct 25, 2013
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A top hedge fund regulator has been lined up for a major conference run the Bermuda Monetary Authority’s regulatory forum.
Dame Amelia Fawcett, chairman of the Hedge Funds Standards Board, will be the keynote speak for the one-day event, to be held a...
DATE: Oct 24, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The head of Ace has spoken out against a push for new US accounting standards.
Ace CEO Evan Greenberg said the changes may distract investors from the most useful metrics in gauging insurers’ financial status.
“I don’t know whose benefit you’re ultim...
DATE: Oct 24, 2013
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“I do think we are seeing a tsunami of regulation across the world,” Mr McGavick said. “This is, I think, another force leading to greater consolidation and I think an unwise one from the point of view of the consumer.”
Too often, McGavick said, regu...
DATE: Oct 24, 2013
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A legal battle launched by a woman injured when she fell down hotel steps in Dubai may move to Bermuda, after a ruling by a US judge.
Connie Black, a resident of California, launched the legal action in the state after she fell down two marble steps ...
DATE: Oct 24, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A leading high fashion retailer is on the move amid plans to expand its offerings on the island.
The Reid Street Mambo store has moved to Old Cellar Lane off Front Street — and the former shop is to be revamped and concentrate on women’s clothes from...
DATE: Oct 24, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Butterfield Bank shares rose a cent to close at $1.41 yesterday on a volume of 5,000.
Argus Group shares closed unchanged at $4 on a volume of 22,000.
BF&M shares rose 40 cents, or 2.11 percent, to close at $18.50 on a volume of 7,700.
Overall the BS...
DATE: Oct 24, 2013
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s biggest movie theatre is up for grabs, it was revealed yesterday.
Owners the Bermuda Land Development Company (BLDC) has put the lease for the 400-plus seat Southside Cinema out to tender.
An advert in The Royal Gazette invited expressions ...
DATE: Oct 24, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
