76342 results returned for search: "" category "Business"
The value of goods imported into Bermuda fell for the sixth straight quarter.
This as the Island’s balance of payments current account surplus shrank by 3.5 percent in the third quarter of 2011.
A total of $242 million was spent on imported goods in ...
DATE: Jan 20, 2012
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CATEGORY:
Economy
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Butterfield Bank dropped one cent (.86 percent) yesterday on the Bermuda Stock Exchange with 10,100 shares trading to close at $1.14.
BF&M traded 1,700 shares and KeyTech traded 1,439 shares, both with no change in share price.
Overall, the BSX dipp...
DATE: Jan 20, 2012
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CATEGORY:
Bermuda Stock Exchange
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New reinsurer, Third Point Re, has appointed Bermudian Tonya Marshall to executive vice president, general counsel, and secretary with the company
John Berger, chairman and CEO of Third Point Re, welcomed Ms Marshall: “We are delighted that someone o...
DATE: Jan 20, 2012
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CATEGORY:
Reinsurance
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First Atlantic Commerce (FAC) has announced the appointment of Tricia Lines Hill to the position of Senior Vice President, Business Development and Marketing.
Founded in 1998, Bermuda-based FAC is a global, online payment provider for businesses.
Mrs...
DATE: Jan 20, 2012
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CATEGORY:
Other
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London (Bloomberg) Axa SA, Europe’s second-biggest insurer, and Zurich-based Ace Ltd. are among final bidders for HSBC Holdings Plc’s non-life insurance operations, three people with knowledge of the matter said.
Bupa Insurance Ltd., a UK healthcare ...
DATE: Jan 20, 2012
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CATEGORY:
Reinsurance
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Vacation rentals have become a booming market in Bermuda as tourists seek houses and apartments to stay in rather than hotels.
Coldwell Banker Bermuda Realty sales representative Karen Brine said even with 53 listings she had more families to accommo...
DATE: Jan 20, 2012
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CATEGORY:
Other
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Shares of Golar LNG Ltd., an owner of tankers hauling liquefied natural gas, erased losses after Dahlman Rose & Co. raised its rating to “buy” from “hold,” saying demand will grow three times faster than the fleet.
Shares will climb 22 percent to $50...
DATE: Jan 20, 2012
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CATEGORY:
Other
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It’s not even a month into the year and already nearly 50 job losses have been announced in the international business sector, affecting mostly Bermudians.
Before the hedge fund industry job cuts were confirmed yesterday by Jupiter and BNY Mellon, th...
DATE: Jan 20, 2012
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CATEGORY:
Reinsurance
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Appleby, the world’s largest provider of offshore legal, fiduciary and administration services, has named a new office managing partner in Bermuda.
Kiernan Bell has been appointed as Appleby’s Bermuda office managing partner, taking over from Shaun ...
DATE: Jan 20, 2012
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CATEGORY:
Other
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The year of 2012 is sure to present some big changes and equally challenges, not least in the technology world.
At the cutting edge of digital innovation, Bermuda is also set to experience a number of new trends, starting with the cell phone market.
...
DATE: Jan 19, 2012
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CATEGORY:
Technology
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