77146 results returned for search: "" category "Business"
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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Ascendant Group jumped 35 cents (2.90 percent) on the Bermuda Stock Exchange yesterday, trading 1,500 shares to close at $12.40.
Argus Group fell 10 cents (2.77 percent) trading 4,000 shares to close at $3.50. Butterfield Bank traded 10,310 shares to...
DATE: Aug 31, 2012
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CATEGORY:
Bermuda Stock Exchange
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LOM Holdings has announced it has changed auditors.
In a filing with the Bermuda Stock Exchange, LOM said it hired Deloitte & Touche as its new auditors.
LOM said at the financial services company’s Annual General Meeting on July 19, Deloitte & Touch...
DATE: Aug 31, 2012
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CATEGORY:
Local Business
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Bermuda reinsurer Validus Holdings Ltd has agreed to buy Flagstone Re in a deal valued at $623.2 million.
The two companies expect the deal to close in the fourth quarter of this year and the combined company will maintain Validus’s name, headquarter...
DATE: Aug 31, 2012
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda-based Third Point Re is expanding with yesterday’s announcement that the company will be opening a London subsidiary office, pending regulatory approval.
The subsidiary, to be named Third Point Re Marketing (UK) Ltd, pending approval, will be...
DATE: Aug 31, 2012
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CATEGORY:
Reinsurance
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British Airways is introducing its award-winning new first-class service on the Bermuda route to London Gatwick this summer.
Customers flying from Bermuda, now have the opportunity to experience the updated First cabin, subject to availability. The n...
DATE: Aug 31, 2012
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CATEGORY:
Other
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We often hear about large companies helping out the Island’s community, but some small businesses are being just as generous despite the tough economic times.
To celebrate the Labour Day weekend, and simply to give back to her community, businesswoma...
DATE: Aug 31, 2012
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CATEGORY:
Local Business
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Bermuda Commercial Bank yesterday announced plans to set up a new investment holding company called Bermuda National Ltd (BNL).
The restructuring appeared to be aimed at strengthening BCB’s balance sheet and allowing greater flexibility for making ac...
DATE: Aug 31, 2012
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CATEGORY:
Local Business
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Three insurance bosses caused a stir when they spoke frankly about their views on doing business in Bermuda in excerpts from a roundtable discussion published last month in this newspaper.
That was only the beginning.
In the latest edition of the Ber...
DATE: Aug 30, 2012
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CATEGORY:
Reinsurance
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