75988 results returned for search: "" category "Business"
Fund administrators have dramatically downsized in Bermuda as companies including Citco and Citigroup cut jobs and relocate staff to Canada where it’s cheaper and there’s a larger labour pool.
Top executives in the fund administration industry expre...
DATE: Oct 21, 2011
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CATEGORY:
International Business
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Bermuda-based global online payments firm First Atlantic Commerce (FAC) has teamed up with and Florida-based reservation and distribution systems provider Radixx International to provide an integrated service for a booking engine and online payment.
...
DATE: Oct 21, 2011
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CATEGORY:
International Business
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Europe is experiencing “a slow motion run on sovereign debt” that will continue to deepen the Eurozone debt crisis without a policy reversal in the European Union.
That is the view of credit analyst Roger Doig, of global investment house Schroders, w...
DATE: Oct 21, 2011
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CATEGORY:
International Business
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Digicel has announced that it will reimburse those customers who were affected by the BlackBerry outage last week.
The cell phone provider’s prepaid BlackBerry clients whose service was active during the outage will be reimbursed for the hours of int...
DATE: Oct 21, 2011
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CATEGORY:
Local Business
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Retail sales increased year-over-year for the first time in nearly three years in August, Government statistics revealed yesterday.
The Retail Sales Index figures showed $85 million was spent at local retail outlets, which represented a 0.1 percent i...
DATE: Oct 20, 2011
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CATEGORY:
Other
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The board of Bermuda Stock Exchange-listed Belize bank BCB Holdings Ltd has proposed the reorganisation of the company to its shareholders through the demerger of its non-Belizean businesses into a new holding company Waterloo Investment Holdings Ltd...
DATE: Oct 20, 2011
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CATEGORY:
Bermuda Stock Exchange
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XL Group plc has announced its sponsorship of the Financial Times’ new ‘The Future of the Company’ series a six-month long digital initiative focused on the changing trends in global business and their impact of companies’ operations.
The coverage wi...
DATE: Oct 20, 2011
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CATEGORY:
Reinsurance
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KeyTech Ltd fell 5.21 percent (30 cents) to $5.45 on The Bermuda Stock Exchange (BSX) yesterday.
The telecoms provider traded 1,900 shares during the day.
Fellow utility company the Ascendant Group Ltd also slipped 0.71 percent (10 cents) to $13.80 a...
DATE: Oct 20, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based Teekay Corp has announced that it plans to buy offshore storage equipment from Sevan Marine ASA as part of a deal worth up to $823 million.
The oil and gas service company will buy three floating production storage and offloading units ...
DATE: Oct 20, 2011
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CATEGORY:
International Business
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By Marina Mello
Telecoms providers banded together yesterday to demand Government break its wall of silence over Digicel’s long-distance service.
Bosses from TBI, North Rock, Logic and CellOne said that what Digicel appeared to have been told by Gove...
DATE: Oct 20, 2011
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CATEGORY:
Other
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