75927 results returned for search: "" category "Business"
Ascendant Group fell 10 cents (.86 percent) on the Bermuda Stock Exchange (BSX) yesterday, trading 400 shares to close at $11.45.
Argus Group rose one cent (.29 percent), trading 20,000 shares to close at $3.41.
Butterfield Bank also traded shares cl...
DATE: Apr 04, 2013
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CATEGORY:
Bermuda Stock Exchange
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Traditional reinsurers are facing challenges to their profit margins as capital flows into the market from a variety of sources, including catastrophe bonds, according to Willis Re, the reinsurance arm of Willis Group Holdings.
And many reinsurers s...
DATE: Apr 04, 2013
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CATEGORY:
Other
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Finance Minister Bob Richards has responded to news ratings firm Moody’s has placed Bermuda's Aa2 government bond rating on review for possible downgrade.
Moody's Investors Service said that the review is prompted by “the steep rise in government de...
DATE: Apr 03, 2013
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Longtime Reid Street hair salon Eden is closing its doors later this month.
Owner of Eden Hair Face & Body, Valerie Nearon, blamed the poor economy, lack of tax relief from Government and the now scrapped term limits for her decision.
Ms Nearon, a sa...
DATE: Apr 03, 2013
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CATEGORY:
Local Business
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Ratings firm Moody’s has placed Bermuda’s Aa2 rating on review for possible downgrade, citing concerns at the rise in government debt and the Island’s ongoing recession.
The warning comes only days after Standard and Poor’s said it might downgrade th...
DATE: Apr 03, 2013
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CATEGORY:
Other
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AUTHOR:
Scott Neil
It is less than eight years since the first Buzz cafe opened. The company’s newest outlet, its 11th, is now doing business inside the Esso gas station at the Crawl in Hamilton Parish.
The gas station operation is a slightly different concept from Buz...
DATE: Apr 03, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
After more than six years as chief executive officer of Business Bermuda, Cheryl Packwood has announced her retirement from the organisation.
Ms Packwood is moving on to explore other international opportunities, including interviewing for the CEO p...
DATE: Apr 03, 2013
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CATEGORY:
Local Business
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Bermuda’s move to scrap its term limit policy has become an election issue in the Cayman Islands amid reports of the tourism industry there worried about a rollover “Armageddon”.
“Immigration reform is one of the key issues in the upcoming election, ...
DATE: Apr 03, 2013
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CATEGORY:
Local Business
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Bermuda-based online payment provider First Atlantic Commerce (FAC) has launched its new website.
The newly designed site, www.firstatlanticcommerce.com, went live last week and offers visitors a sleek new look and simple navigation features.
FAC’s...
DATE: Apr 03, 2013
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CATEGORY:
Local Business
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Local law firm MJM Limited has launched its own blog focusing on emerging legal issues in Bermuda.
Named the Bermuda Law Blog, the online site features information and commentary on trends and topics relevant to the Island, including policy developme...
DATE: Apr 03, 2013
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CATEGORY:
Local Business
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