7058 results returned for search: "" category "Local Business"
BF&M’s purchase of Cayman insurer Island Heritage helped push its profit for the first half of the year up by 7 percent to $12.2 million compared to $11.4 million in the six months to June 30, 2011, resulting in an annualised return on shareholders’ ...
DATE: Sep 21, 2012
|
CATEGORY:
Local Business
|
Another round of downsizing has resulted in the layoff of eleven employees from SAL Trading Limited due to a drop in trading in Bermuda’s struggling economy.
Company CEO Bill Morrison said in a statement yesterday: “SAL regrettably had to inform a nu...
DATE: Sep 21, 2012
|
CATEGORY:
Local Business
|
Insurer BF&M Limited announced earnings of $12.2 million for the six months ended June 30, resulting in an annualised return on shareholders’ equity of 12 percent.
Shareholders’ net income for the comparative six month period of 2011 was $11.4 milli...
DATE: Sep 20, 2012
|
CATEGORY:
Local Business
|
Lawyers from MJM yesterday gave a presentation on Bermuda employment law: Restrictive Covenants in the Insurance Industry, to members of the Association of Bermuda International Companies.
Associates Fozeia Rana-Fahy and Jennifer Haworth gave a one-h...
DATE: Sep 20, 2012
|
CATEGORY:
Local Business
|
The Bermuda Hospitals Board has revealed it has entered into “significant operating lease agreements” with third parties for the rental of five properties, including office space and accommodation for staff totalling some $10.8 million over five year...
DATE: Sep 20, 2012
|
CATEGORY:
Local Business
|
HWP Group is urging residents to “come make a deal” at its major inventory clearance sale on Saturday with discounts of up to $9,000 being taken off some models.
The company said $1,000 to $9,000 will be taken off selected models including VWs, Skoda...
DATE: Sep 20, 2012
|
CATEGORY:
Local Business
|
Minister of Environment Marc Bean is “bullish” on pursuing natural gas as an alternative energy solution for Bermuda.
His comments came as part of his welcoming remarks at the Association of Caribbean Electric Utility Companies, CARILEC, Annual Renew...
DATE: Sep 19, 2012
|
CATEGORY:
Local Business
|
After heading up engineering at Boston’s Fairmont Copley Plaza for the past six years, Bermudian Mario Oliveira has returned to the Island to take up the post of director of facilities operations at the Fairmont Hamilton Princess.
The hotel also ann...
DATE: Sep 19, 2012
|
CATEGORY:
Local Business
|
PwC in Bermuda has named two Peter Mitchell scholars — Michelle Kelly and Somer Zuiker.
Ms Kelly has just completed her third summer working as an intern at PwC and plans to return next year.
Ms Zuiker was a PwC High School Award winner.
The scholars...
DATE: Sep 19, 2012
|
CATEGORY:
Local Business
|
Bermuda Commercial Bank has announced that a merger agreement between the bank, Bermuda National Limited and BNL I Limited, has been unanimously approved and adopted.
At BCB’s Special General Meeting held yesterday, shareholders interested in 5,931,9...
DATE: Sep 19, 2012
|
CATEGORY:
Local Business
|
