76343 results returned for search: "" category "Business"
Each hedge fund manager that sets up in Bermuda is potentially worth around $5 million to the Gross Domestic Product and around ten jobs.
That’s the view of Ernst & Young partner Jessel Mendes, who believes the Island has the potential to substantial...
DATE: Dec 08, 2011
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CATEGORY:
International Business
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The Cayman Islands has thrown down the gauntlet to Bermuda stating that they are actively looking to attract the reinsurance industry away from Bermuda with immigration incentives and a targeted marketing campaign focusing on the Island’s reinsurers....
DATE: Dec 08, 2011
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CATEGORY:
International Business
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Bermuda has a fight on its hands to maintain its position as a leading jurisdiction with increased global competition for talent and capital and the rising cost of doing business on the Island.
That was the conclusion drawn by a panel of experts who ...
DATE: Dec 08, 2011
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CATEGORY:
Local Business
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Butterfield Bank has asked 46 employees to consider early retirement as it looks to shed more staff.
A bank spokesman said yesterday all of the employees targeted for possible early retirement were aged between 60 to 65.
The spokesman told The Royal ...
DATE: Dec 08, 2011
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CATEGORY:
Local Business
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Butterfield Bank rose 7.75 percent (nine cents) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 59,112 shares to close at $1.25.
The index, as a whole, closed up 42.55 points (4.03 percent) at 1,102.34 with 59,112 shares worth $73,887....
DATE: Dec 08, 2011
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CATEGORY:
Bermuda Stock Exchange
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Electronics retailer Redlaser Ltd sold 15 Apple TVs in a single day on its website as part of eMonday.
People snapped up the TVs after the company lowered the price from $169 to $139 as an eMonday special.
Redlaser, which has a website and a physical...
DATE: Dec 08, 2011
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CATEGORY:
Local Business
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An office record storage and management company has implemented a new technology to improve the delivery of its services and ensure that Bermuda remains a top place for companies to do business.
Central Filing Ltd, which is run by CEO Jonathan Smith,...
DATE: Dec 07, 2011
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CATEGORY:
Local Business
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Digicel last night insisted its new internet service provided by Transact was in no way affected by the current legal proceedings involving Digicel, Government and other telecoms providers.
“The Court proceedings relate solely to the provision of Int...
DATE: Dec 07, 2011
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CATEGORY:
Other
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Most US online retailers refuse to ship to Bermuda, but one popular site has added the Island to its list of international shipping destinations just in time for Christmas.
Discount retailer Overstock.com is now quoting guaranteed landed prices to Be...
DATE: Dec 07, 2011
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CATEGORY:
Other
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You may have been in a taxi cab in Bermuda recently and noticed the driver using a touch screen Android device to communicate with his dispatcher. The company Island Taxi here in Bermuda has recently implemented a mobile to mobile (M2M) business solu...
DATE: Dec 07, 2011
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CATEGORY:
Technology
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