76324 results returned for search: "" category "Business"
Flagstone Re CEO David Brown plans to step down on the completion of his company’s takeover by Bermuda reinsurer Validus Holdings.
In a joint announcement last week, the companies said Validus had agreed to acquire Flagstone in a deal worth $623.2 mi...
DATE: Sep 04, 2012
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CATEGORY:
Reinsurance
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This month marks four years since the financial markets melted down triggering recessions in many countries around the world. While most economies of most countries have long since started growing again, Bermuda is still in decline and job losses con...
DATE: Sep 04, 2012
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CATEGORY:
Bermuda Works
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WASHINGTON (Bloomberg) — Mismatches in supply and demand for educated workers boost US unemployment and add as much as two percentage points to the jobless rates for some cities, according to the Brookings Institution.
Cities with larger gaps in educ...
DATE: Sep 04, 2012
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CATEGORY:
Bermuda Works
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One-woman publisher Katrina Ball has expanded Bermuda Parent magazine to include TV.
She has already produced two Bermuda Parent TV episodes appearing on her website and on Bermuda local sports and entertainment Channel 82.
“Our first two episodes ha...
DATE: Sep 04, 2012
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CATEGORY:
Local Business
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Like its underwriting strategy, Bermuda-based Lancashire’s charitable giving is disciplined.
The company, which has a charitable budget of $1.25 million a year, doesn’t just write cheques to anyone who comes knocking at their door.
They find their ch...
DATE: Sep 04, 2012
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CATEGORY:
Reinsurance
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The Bermuda Stock Exchange finished the week at 1,071.60, up 12.82, or 1.19 percent.
Butterfield Bank traded heaviest, with 101,779 shares changing hands last week, closing unchanged Friday at $1.23.
KeyTech finished the week up 8.1 percent, at $6.00...
DATE: Sep 04, 2012
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CATEGORY:
Bermuda Stock Exchange
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Bermuda Commercial Bank shares closed up 10 percent on the Bermuda Stock Exchange yesterday.
BCB’s shares closed up $1 at $11.00 as 200 of them changed hands.
Butterfield Bank also traded, with 3,770 shares exchanged, closing unchanged at $1.23.
And ...
DATE: Sep 01, 2012
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CATEGORY:
Bermuda Stock Exchange
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The ‘PIIGS’ should leave the euro. It’s the pensions of the top brass — or rather fear of losing them — now holding the Eurozone together.
In all logic, Greece should leave the Euro. So should Spain. The same goes for Portugal and most likely, Irela...
DATE: Sep 01, 2012
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CATEGORY:
Personal Finance
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Premier Paula Cox said that the Island’s “economic recovery has begun” at the Bermuda Business Summit yesterday, which provided an update on the Government’s efforts to promote and grow business both in the tourism and finance sectors.
The at-capacit...
DATE: Aug 31, 2012
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CATEGORY:
Other
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Bermuda’s current account surplus grew to $145 million in the first quarter, reflecting a positive balance in the Island’s transactions with the rest of the world.
However, the Balance of Payments statistics released by Government yesterday indicate ...
DATE: Aug 31, 2012
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CATEGORY:
Economy
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