75988 results returned for search: "" category "Business"
Restaurants in Bermuda on average are not just breaking even - they’re suffering large losses.
New figures from the Chamber of Commerce restaurant division showed just how much the eating out sector has been hurting in this economy, and as internatio...
DATE: Nov 14, 2011
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CATEGORY:
Local Business
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Bermudian Daren Bascome has helped design an environmentally friendly disposable coffee cup that’s getting a lot of buzz in the US media.
He and his partners have invested more than $100,000 of their own money in the invention so far.
A patent for t...
DATE: Nov 14, 2011
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CATEGORY:
Other
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KeyTech Ltd rose 8.9 percent (49 cents) on The Bermuda Stock Exchange (BSX) on Thursday.
The telecoms provider traded 1,000 shares to close at $5.99.
Overall the Index climbed 6.07 points (0.55 percent) to 1,117.39 with 1,000 shares worth BD$5,990 an...
DATE: Nov 12, 2011
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CATEGORY:
Bermuda Stock Exchange
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NEW YORK (Bloomberg) Many parents in the US are legitimately concerned about the prospects for their college-age children.
After all, today’s students face three overlapping challenges: a long-term structural shift as the world’s effective labour su...
DATE: Nov 12, 2011
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CATEGORY:
Personal Finance
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Bermuda scores the same as the US and the UK under rating agency Standard & Poor’s’ measure of the risk in the Island’s banking industry.
Yesterday, S&P said it was assigning its Banking Industry Country Risk Assessment (BICRA) on Bermuda at group 3....
DATE: Nov 10, 2011
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CATEGORY:
Other
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Critical decision makers and specialists whose jobs can’t be filled by Bermudians will be among those eligible to apply for a 10-year work permit, according to new Economy, Trade and Industry Minister Patrice Minors.
Ms Minors was delivering a speech...
DATE: Nov 10, 2011
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CATEGORY:
Other
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XL Insurance (Bermuda) Ltd (XLIB) has promoted Matthew Irvine to chief underwriting officer of its Professional Lines unit.
The company also announced the appointment of Stephen Outerbridge as senior vice-president, underwriter, effective immediately...
DATE: Nov 10, 2011
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CATEGORY:
Reinsurance
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If legislation to increase the US tax burden on Bermuda reinsurers were to pass, American consumers would end up paying more for insurance.
That is the view of Hiscox Bermuda CEO Charles Dupplin, who said yesterday that with the ever-increasing press...
DATE: Nov 10, 2011
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CATEGORY:
Reinsurance
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South Africa was the latest destination for Business Bermuda as it flew out to Cape Town to attend the Hedge Funds World Africa conference earlier this week.
The event, which was held at the Grand Hotel, saw Business Bermuda host an exhibition booth ...
DATE: Nov 10, 2011
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CATEGORY:
International Business
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Reinsurers may increasingly invest with other people’s capital rather than their own, according to industry experts.
Multiple pressures on traditionally structured reinsurance companies, from investors, ratings agencies and regulators, is likely to l...
DATE: Nov 10, 2011
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CATEGORY:
Reinsurance
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