75993 results returned for search: "" category "Business"
The introduction of Alternative Fund Managers Directive (AIFMD) was top of the agenda for Business Bermuda at the Geneva Hedge Fund Re-domiciliation conference for Managers & Funds in Switzerland this week.
The one-day event, which was held at the St...
DATE: Jun 30, 2011
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CATEGORY:
International Business
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West Hamilton Holdings Ltd rose 53 percent ($2.65) on The Bermuda Stock Exchange (BSX) yesterday.
On Tuesday the property developer announced on the BSX that it was seeking to raise $9.3 million in a rights issue, with most of the proceeds would be u...
DATE: Jun 30, 2011
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CATEGORY:
Bermuda Stock Exchange
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Butterfield Bank traded 60,800 shares on The Bermuda Stock Exchange (BSX) yesterday.
The bank’s share price held firm at $1.40.
The Index, as a whole, remained unchanged at 1,196.45 with 60,800 shares changing hands.
The BSX Insurance Index also open...
DATE: Jun 29, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based Go Explore has announced the launch of a new iPhone and Android mobile application to locate the best attractions, restaurants, hotels and beaches around the Island.
The free Go Explore Bermuda app, which was developed and built by Bar...
DATE: Jun 29, 2011
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CATEGORY:
Other
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Property developer West Hamilton Holdings Ltd is seeking to raise $9.3 million in a rights issue.
In an announcement through the Bermuda Stock Exchange yesterday, the company said most of the proceeds would be used to pay off bank debt.
The company i...
DATE: Jun 29, 2011
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CATEGORY:
Bermuda Stock Exchange
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Preliminary results from a post-event survey for the Bermuda Captive Conference (BCC) (www.bermudacaptive.bm) has revealed overwhelming support of the conference agenda by delegates.
The BCC was held June 5-8 at the Fairmont Southampton Resort in Be...
DATE: Jun 29, 2011
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CATEGORY:
Reinsurance
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NEW YORK (Bloomberg) Cisco Systems Inc has cut its income taxes by $7 billion since 2005 by booking roughly half its worldwide profits at a subsidiary at the foot of the Swiss Alps that employs about 100 people.
Now Cisco, the largest maker of networ...
DATE: Jun 29, 2011
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CATEGORY:
International Business
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Bermuda re/insurers Arch Capital Group and Hiscox yesterday announced combined second-quarter catastrophe offices of around $150 million.
Hiscox revealed that it had seen rate increases of 10 percent in the US because of the combined impact of this y...
DATE: Jun 29, 2011
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CATEGORY:
Reinsurance
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Social Media Day is being celebrated tomorrow and the Fairmont Southampton is giving away lobster cocktail appetizers to its Facebook and Twitter fans to mark the occasion.
Greg Bodenlos, Fairmont Southampton’s manager, Internet Marketing said: “Fair...
DATE: Jun 29, 2011
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CATEGORY:
Technology
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Imports have dropped 10 percent per annum over the past two years while outbound cargo has continued to increase steadily since 2006/07 according to Stevedoring Services, suggesting that more people are leaving the Island.
Bermuda Container Line Ltd ...
DATE: Jun 29, 2011
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CATEGORY:
Economy
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