75988 results returned for search: "" category "Business"
Digicel’s launch of long-distance service is a “slap in the face” to Government’s telecoms regulatory reform process.
This from TeleBermuda International President Greg Swan, who said he has been left “shocked once again” by Digicel, which last month...
DATE: Oct 17, 2011
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CATEGORY:
Other
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Falls in the share prices of Butterfield Bank and KeyTech Ltd drove the local stock market lower last week.
Butterfield tumbled three cents, or 2.3 percent, to close on $1.28, as nearly 72,000 shares traded during the five days. The bank’s preference...
DATE: Oct 17, 2011
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CATEGORY:
Bermuda Stock Exchange
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Catalina Holdings (Bermuda) Ltd has announced that it has completed the acquisition of Residential Loss Control Holdings, LLC (RLCH) following regulatory approval from the Colorado and Hawaii Departments of Insurance.
RLCH owns two risk retention gro...
DATE: Oct 17, 2011
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CATEGORY:
Reinsurance
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Aspen Insurance Holdings Ltd has announced that Mario Vitale will be appointed as co-CEO of Aspen Insurance from the start of next year when John Cavoores steps down.
Mr Vitale will continue to serve as president of Aspen US Insurance. In his new rol...
DATE: Oct 17, 2011
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CATEGORY:
Reinsurance
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According to The Royal Gazette in July of this year, The National Pension Scheme (Financial Hardship) Amendment Regulations 2011 legislation was passed to allow people access to their private sector pension funds (up to 20% of the balance) under cond...
DATE: Oct 15, 2011
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CATEGORY:
Personal Finance
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WASHINGTON When I first watched the Occupy Wall Street rallies in New York and around the country, I wondered if folks carrying signs, camping out, holding up traffic and boycotting financial institutions could really make a difference.
The jaded par...
DATE: Oct 15, 2011
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CATEGORY:
Other
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The utilities sector was hardest hit yesterday, with both the Ascendant Group Ltd and KeyTech Ltd dropping 10 cents on The Bermuda Stock Exchange (BSX).
The Ascendant Group was down 0.7 percent at $13.90 with 1,300 shares traded, while KeyTech slippe...
DATE: Oct 15, 2011
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CATEGORY:
Bermuda Stock Exchange
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A Bermuda start-up tech firm is introducing a new cloud-based service that its founders say will extend the life of desktop computers by several years.
Kelland Hayward and Terrance Dean, two of the four founding partners of Cirrus Dynamics, say their...
DATE: Oct 14, 2011
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CATEGORY:
Other
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US Congressman Richard Neal and US Senator Bob Menendez have reintroduced legislation that aims to levy more US taxes from some Bermuda reinsurance groups.
The Neal bill, which was referred to the House of Representatives Committee on Ways and Means ...
DATE: Oct 14, 2011
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CATEGORY:
Reinsurance
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Bermuda Gas will be focussing more on the commercial side of the business as its seeks to take advantage of new opportunities and come out of the recession in a better shape.
That is according to Judith Uddin, the company’s new general manager, who t...
DATE: Oct 14, 2011
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CATEGORY:
Local Business
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