75993 results returned for search: "" category "Business"
The Royal Gazette / Bermuda Stock Exchange (BSX) Index fell 27.29 points, or 2.4 percent, last week to close on 1,117.54.
Butterfield Bank fell 2.4 percent, or three cents, to $1.22 on the trading of 22,200 shares over the five days.
It was also a do...
DATE: Feb 21, 2011
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CATEGORY:
Bermuda Stock Exchange
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HONG KONG (Bloomberg) HSBC Holdings Plc recommended investors avoid China’s stocks until at least June because the government will announce more policy measures to cool inflation.
“We wouldn’t advise buying equities until we’re clear of signs of infl...
DATE: Feb 21, 2011
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CATEGORY:
Personal Finance
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Argus Group Holdings Ltd’s share price fell 1.8 percent yesterday in Bermuda Stock Exchange (BSX) trading.
The insurer, which was the only domestic company to see its value change, fell nine cents to close on $4.90, as 16,000 shares changed hands.
Tw...
DATE: Feb 19, 2011
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CATEGORY:
Bermuda Stock Exchange
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Two of XL Group’s Bermuda-based subsidiaries have received approval from the New York Insurance Department (NYID) to qualify for reduced collateral status in the state of New York pursuant to requirements set forth by New York insurance regulation.
T...
DATE: Feb 18, 2011
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CATEGORY:
Reinsurance
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René Hill has started a new business making crochet scarves. Ms Hill, a Lifestyle reporter for The Royal Gazette, will stage the official launch of René Hill Originals on Sunday at the 64 Degrees restaurant at Port Royal Golf Club, Southampton, from ...
DATE: Feb 18, 2011
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CATEGORY:
Other
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Butterfield Bank gained a cent yesterday in Bermuda Stock Exchange trading.
The bank rose 0.8 percent on the trading of 7,700 shares to close the day on $1.22.
No other domestic board issues traded.
The Royal Gazette / BSX Index rose 4.78 points, or ...
DATE: Feb 18, 2011
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CATEGORY:
Bermuda Stock Exchange
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A young Bermudian entrepreneur is promoting the benefits of a machine that churns out water that is more in tune with your body than most bottled mineral waters.
That is the claim of Michael Lindo, a 24-year-old entrepreneur, who believes that LeveLu...
DATE: Feb 18, 2011
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CATEGORY:
Other
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Bermuda re/insurer’s Argo Group Holdings Ltd’s fourth-quarter earnings fell by two thirds as losses relating to an earthquake in New Zealand ate into profits.
Argo said net income for the last three months of last year totalled $12.8 million, compare...
DATE: Feb 18, 2011
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CATEGORY:
Reinsurance
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Allied World Assurance Company Holdings posted record annual net income of $665 million, as chief executive officer Scott Carmilani said the re/insurer's domicile move from Bermuda to Switzerland had helped to improve the firm's positioning for the f...
DATE: Feb 18, 2011
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CATEGORY:
Reinsurance
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Bermuda-based reinsurer Platinum Underwriters Holdings Ltd yesterday said it had added almost $140 million to the authorised amount under its existing share repurchase programme.
The announcement takes the total authorised under the programme to $250...
DATE: Feb 17, 2011
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CATEGORY:
Reinsurance
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