49296 results returned for search: "" category ("Other" AND "Business")
When a person who owns shares in a Bermuda company dies, the person’s shares must be transferred into the name of his or her beneficiary. This is true whether the shares are in a local company, or in an exempted company.
The requirements for making s...
DATE: Jul 02, 2015
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Law firm Conyers Dill & Pearman played a role in three air financing deals that have won awards from Airfinance Journal.
The Bermuda firm represented participants in the transactions, giving law and legal advice. The deals were hailed at Airfinance J...
DATE: Jul 02, 2015
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Just three months into Government’s fiscal year, the costs of servicing the enormous public debt have totted up to more than $840 per Bermudian man, woman and child. The figure is calculated by dividing Government’s total debt servicing costs equally...
DATE: Jul 01, 2015
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Two Bermudian students yesterday received scholarships in an awards ceremony hosted by the Ace Foundation — Bermuda.
Jacqueline Riley Correia was unveiled as the 2015 Robert Clements/Ace Scholar, while Shannon Davis was the 2015 ACE/Bermuda College E...
DATE: Jul 01, 2015
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Insurance firm Ace has agreed to buy out a major US-based insurer in a $28.3 billion deal.
The move means Ace, which has an office in Bermuda, will have a 70 per cent stake in New Jersey-based Chubb after the deal closes.
The new firm will use the Ch...
DATE: Jul 01, 2015
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda company has a $2 billion plan to lead the Island to energy independence within ten years.
The ambitious project, which aims to give the Island an electricity supply fuelled entirely by renewable sources, has been in the works for two years....
DATE: Jun 30, 2015
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AUTHOR:
Jonathan Kent
Shares of Bermuda-based bond insurer Assured Guaranty plunged more than 13 per cent in New York trading yesterday after Puerto Rico’s Governor described the island’s $72 billion debt as “unpayable”.
Assured had $4.9 billion of par exposure to Puerto...
DATE: Jun 30, 2015
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AUTHOR:
Jonathan Kent
Most of us have heard of the famous Aesop fable, ‘The Tortoise and The Hare.’
The boastful hare always bragged how fast he was, until one day a tortoise, tired of hearing the hare boast, challenged him to a race.
The hare, thinking he had things und...
DATE: Jun 30, 2015
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Professional services firm Deloitte has awarded a two-year scholarship worth up to $40,000 as part of its effort to attract young Bermudians into business.
The winner of the annual award for this year is Chelsea Smith, who is studying for a Bachelor ...
DATE: Jun 29, 2015
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AUTHOR:
Raymond Hainey, Assistant News Editor
There’s still time for your company to be ranked among the Island’s ten best employers.
Due to continuing interest in The Bottom Line’s Top Ten Employers survey, the business magazine has decided to extend the deadline for entries until July 24.
This...
DATE: Jun 29, 2015
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