77145 results returned for search: "" category "Business"
Bermuda’s growing hedge fund reinsurance sector comes under a negative spotlight in the following article by Bloomberg News. The article accuses wealthy hedge fund manager John Paulson of leading funds to what it terms a "Bermuda tax dodge aiding bil...
DATE: Feb 20, 2013
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CATEGORY:
International Business
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Three of Bermuda’s newest hedge-fund backed reinsurers came under scrutiny yesterday after an international article published by Bloomberg called into question whether the companies’ billionaire backers are exploiting a loophole for US tax avoidance....
DATE: Feb 20, 2013
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CATEGORY:
Reinsurance
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The owners of the Dining Room, Rustico and Flying Fish restaurants have just launched a new smartphone app to reward their loyal customers.
The app, called “Stamp Me” works just like the traditional “buy five get one free” type punch cards — minus t...
DATE: Feb 20, 2013
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CATEGORY:
Technology
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Call it the Big Mac of Twitter hacks. Burger King’s Twitter account, which has more than 89,000 followers, was hacked on Monday and made to look like McDonald’s — with the golden arches logo and all.
The fast-food company’s Twitter picture was chang...
DATE: Feb 20, 2013
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CATEGORY:
Technology
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Butterfield Bank has repurchased 7.5 million of its own common shares and nearly 4,500 of its preferred shares in the past year plus the month of January.
And pleasing for investors, the bank’s shares, which closed at $1.30 yesterday, have risen 31 p...
DATE: Feb 20, 2013
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CATEGORY:
Local Business
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Apple is slashing the price of one of its most popular laptops.
The company has lowered the price of its 13-inch MacBook Pro laptops by $200 while simultaneously updating the device with faster processors. It also launched new models with faster pro...
DATE: Feb 20, 2013
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CATEGORY:
Technology
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The Bermuda Monetary Authority (BMA) has announced it is taking another step forward in its review and administrative procedures for company or partnership formations.
Specifically, the BMA says there will be a refinement to the beneficial owner inf...
DATE: Feb 19, 2013
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CATEGORY:
International Business
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Shares of Bank of Butterfield traded yesterday on the Bermuda Stock Exchange but ended the day unchanged.
No other stocks traded. Overall, the BSX ended the day unchanged to close at 1,103.20.
DATE: Feb 19, 2013
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CATEGORY:
Other
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(BestWire) Despite some emerging concerns regarding implementation of European Union Solvency II requirements, the Bermuda Monetary Authority will continue efforts to meet an EU equivalency standard that is part of the directive, said Shelby Weldon, ...
DATE: Feb 19, 2013
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CATEGORY:
International Business
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The bowling alley in Southside, St David’s is set to reopen with a new name, concept and operator.
Landlords the Bermuda Land Development Company yesterday confirmed a new tenant had been found for the bowling alley.
Philip Bailey Jr. told The Royal ...
DATE: Feb 19, 2013
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CATEGORY:
Local Business
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