76353 results returned for search: "" category "Business"
Relaxing the Island’s 60/40 rule could help local companies raise significant capital in the challenging economic times.
This is according to financial analysts, who said if Government changed the rule and allowed more domestic companies to sell the...
DATE: Sep 26, 2011
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CATEGORY:
Economy
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Last Wednesday, US Fed officials reiterated their concern over the possibility of further economic deterioration and need for greater monetary policy intervention.
Treasuries rallied sharply and stocks slid as escalating fears of a widening credit cr...
DATE: Sep 24, 2011
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CATEGORY:
Other
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The Royal Gazette / Bermuda Stock Exchange Index remained unchanged at 1,178.17 yesterday as no shares of domestic board companies traded.
The BSX Insurance Index of the Island’s leading international insurance companies gained three points, or 0.35 ...
DATE: Sep 24, 2011
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CATEGORY:
Bermuda Stock Exchange
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Retail sales volume fell for the 39th straight month, driven by plummeting motor vehicle sales.
Sales dropped by 8.5 percent in volume and 6.1 percent in value during July as consumer demand weakened in four of the seven retail sectors.
Motor vehicle...
DATE: Sep 23, 2011
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CATEGORY:
Economy
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More than 100 budding young insurance professionals turned out to receive their newly-attained qualifications at the Bermuda Insurance Institute’s (BII) Insurance Education Awards Luncheon held at the Fairmont Hamilton Princess yesterday.
A total of ...
DATE: Sep 23, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank closed down 5.5 percent on the Bermuda Stock Exchange (BSX) yesterday.
A total of 100,000 of the Bank’s shares changed hands, closing at $1.37, down 8 cents.
It was the day’s only trade on the BSX.
The BSX overall closed down 3.15 pe...
DATE: Sep 23, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based Omega Insurance Holdings is now the subject of a three-war bidding war after Lloyd’s of London insurer Barbican yesterday announced a bid to buy nearly a quarter of the company.
Barbican’s 84p per share bid trumps that of Haverford (Ber...
DATE: Sep 23, 2011
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CATEGORY:
Economy
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By Jonathan Kent
Premier Paula Cox and joined former Premier Sir John Swan on a panel at a conference focusing on infrastructure in Miami yesterday.
The discussion marked the start of KPMG’s “Infrastructure Summit: An Island Perspective of a Global C...
DATE: Sep 23, 2011
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CATEGORY:
Economy
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Ace chairman and CEO Evan Greenberg has been named 2011 Insurance Leader of the Year by the St John’s University’s School of Risk Management (SRM).
The awards dinner will be held on January 18, 2012, at the Marriott Marquis in New York City. Proceeds...
DATE: Sep 23, 2011
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CATEGORY:
Reinsurance
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The drop off in international business is putting a cork in pricey wine sales.
The days of popping open $100 and even grossly expensive $1,000 bottles of wine over business lunches and dinners are over, according to restaurateurs and wine merchants.
...
DATE: Sep 23, 2011
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CATEGORY:
Local Business
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