77160 results returned for search: "" category "Business"
Trade is slowly but surely returning to St George with two new businesses setting up in the town this month.
The town has suffered from the recession and a drop off in the number of tourists after the cruise ship schedule was cut in recent years.
But...
DATE: Jun 21, 2011
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CATEGORY:
Local Business
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Ascendant Group Ltd shares rose 4.5 percent last week to lead The Royal Gazette / Bermuda Stock Exchange (BSX) Index higher.
The energy group, which owns electricity company Belco and Bermuda Gas, gained 64 cents to close the five days of trading on ...
DATE: Jun 21, 2011
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CATEGORY:
Bermuda Stock Exchange
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For close to 25 years the Employee Assistance Programme of Bermuda has been helping those in need of personal and job-related counselling and support services.
With 225 member companies that account for approximately 17,000 employees, roughly 26 per...
DATE: Jun 21, 2011
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CATEGORY:
Bermuda Works
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Global property and casualty insurer Ace Ltd said yesterday it acquired the 49 percent of its Malaysian joint venture that it did not already own, from Advance Synergy Capital Berhad for $39 million in cash.
The purchase of Ace Synergy Insurance Ber...
DATE: Jun 21, 2011
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CATEGORY:
Reinsurance
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Retailers suffered further misery as sales fell by 3.6 percent in volume during April driven by continuing declines in the motor vehicle and building materials sectors.
Sales in most store categories dropped, however service stations and food and liq...
DATE: Jun 21, 2011
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CATEGORY:
Economy
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LONDON (Bloomberg) Geoffrey Stuart Pearson, the former chief executive officer of a Bermuda-based investment company at the centre of a fraud scandal, was sentenced to a year in prison for making misleading statements about its assets.
Pearson, 63, w...
DATE: Jun 21, 2011
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CATEGORY:
International Business
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Argo Group International Holdings Ltd has placed a $100 million catastrophe bond, the company announced yesterday.
Loma Reinsurance Capital Ltd Series 2011-1, which is listed on the Cayman Islands Stock Exchange (CSX), represents Argo’s first cat bon...
DATE: Jun 21, 2011
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CATEGORY:
Reinsurance
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In the midst of these uncertain economic times, research shows that a growing number of teens are considering entrepreneurship as a viable option to make extra money over the summer.
Teens are looking for summer employment and with the lay-offs that...
DATE: Jun 21, 2011
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CATEGORY:
Bermuda Works
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Maiden Holdings Ltd has announced that its wholly-owned US holding company Maiden Holdings North America Ltd has priced the offering of $100 million aggregate principal amount of 8.25 percent senior notes due June 15, 2041.
The notes, which are fully...
DATE: Jun 21, 2011
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CATEGORY:
Reinsurance
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LONDON (Reuters) British retail sales fell more than twice as fast as expected in May, more than reversing the previous month’s gains as worries about the economy led consumers to cut back sharply after a Royal Wedding-related splurge in April, offic...
DATE: Jun 17, 2011
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CATEGORY:
Economy
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