6449 results returned for search: "" category ("Local Business" AND "Business")
The KeyTech Group of Companies posted a 15.3 percent jump in full-year profit to $8.3 million compared to $7.2 million for the prior year on investments in associates and reduced operating expenses. Revenue for the year ended March 31, however, fel...
DATE: Jul 10, 2013
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CATEGORY:
Local Business
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PwC is cutting its workforce in Bermuda and has announced the departure of two partners amid the Island’s continuing economic downturn.
A spokesman for the Big Four audit firm said they anticipate a reduction in total workforce in Bermuda of “near te...
DATE: Jul 10, 2013
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CATEGORY:
Local Business
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Bermuda’s Enstar Group, which assumes risks from insurers seeking to exit businesses, agreed to buy Torus Insurance Holdings Ltd for $692 million to expand into direct sales of coverage.
Enstar will pay $415 million and Stone Point Capital LLC, led ...
DATE: Jul 10, 2013
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CATEGORY:
Local Business
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Exxon Mobil and its affiliates have signed an agreement with Barbados-based SOL (Simpson Oil Ltd) for the sale of Esso Bermuda’s downstream (retail) business.
Esso Bermuda country manager Mark Fields said the deal was a share sale and the general pub...
DATE: Jul 10, 2013
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CATEGORY:
Local Business
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Three major cleaning firms on the Island have joined forces to create one company employing more than 100 full- and part-time staff.
Bermuda Cleaning Ltd announced it’s merging with Bermuda Janitorial Supplies Ltd, leading providers of residential an...
DATE: Jul 10, 2013
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CATEGORY:
Local Business
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Bermuda’s Enstar Group, which assumes risks from insurers seeking to exit businesses, agreed to buy Torus Insurance Holdings Ltd. for $692 million to expand into direct sales of coverage.
Enstar will pay $415 million and Stone Point Capital LLC, le...
DATE: Jul 09, 2013
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CATEGORY:
Local Business
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HSBC Holdings has named Simon Cooper as the new head of its commercial banking arm.
Mr Cooper, 45, has been CEO of HSBC Middle East and North Africa for the past four years and will replace Alan Keir, who will become chief executive of HSBC Bank Plc,...
DATE: Jul 09, 2013
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CATEGORY:
Local Business
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The Society for Human Resource Management held its 65th Annual Conference & Exposition at the McCormack Place Convention Centre in Chicago from June 16 to 19.
The convention centre, which is the largest in the Unites States and one of the largest in...
DATE: Jul 09, 2013
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CATEGORY:
Local Business
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Bermuda Aviation Services said yesterday that it returned to profitability as it posted full-year earnings of more $1.8 million compared to a $4.6 million loss the prior year.
For the year ended March 31, BAS, which employs more than 240 people, said...
DATE: Jul 09, 2013
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CATEGORY:
Local Business
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A second group of Bermuda Foundation For Insurance Studies interns is headed overseas for training.
From yesterday through July 19, two teams of four Bermudian university students will be learning in depth about the insurance business in two differen...
DATE: Jul 09, 2013
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CATEGORY:
Local Business
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