49296 results returned for search: "" category ("Other" AND "Business")
The Bermuda Commercial Bank has a new home.
The bank completed the acquisition of the city property the LP Gutteridge building on Par-la-Ville Road in Hamilton, according to a half-year earnings statement of its parent company, Somers Limited.
The Be...
DATE: Jun 17, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Dear Dave,
My current employer offers a regular 401(k) and a Roth 401(k). I’ve got several years before I retire, so which one should I choose?
Jennifer
Dear Jennifer,
Take the Roth!
If you put your money into a Roth 401(k), and by retirement age th...
DATE: Jun 14, 2014
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CATEGORY:
Other
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Clarien Bank Limited has named former US Consul General to Bermuda, Gregory Slayton, to its board as an independent director.
The bank said in a statement that his appointment is consistent with Clarien’s strategy for achieving international growth a...
DATE: Jun 13, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
A liquid balance sheet and high capital levels has garnered the Bermuda Commercial Bank affirmation of its Long- and Short-term Issuer Default Ratings (IDRs) of ‘BBB-/F3’ and a stable rating outlook from Fitch Ratings.
It came with some concerns and ...
DATE: Jun 13, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
A new chapter in tourism begins next week as the Tourism Authority lays the foundation of a new approach to hospitality investment.
The Authority, an independent, non-government entity engaged to revive Bermuda tourism, is to be powered by four divis...
DATE: Jun 13, 2014
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CATEGORY:
Other
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A proposal to drag Belco power generation into the 21st century could eventually cost half a billion dollars, the company said in an interview yesterday.
It would include, in one of the first stages, an ambitious multiyear plan to begin mounting sola...
DATE: Jun 13, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
White Mountains Insurance Group, Ltd. is entering the $15-billion a year travel insurance market in a 50/50 joint venture with DavidShield for the development, marketing and distribution of travel insurance worldwide.
The product will be based on the...
DATE: Jun 12, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
The Ascendant Group will soon unveil a multiyear energy plan which they say will revolutionise the Island’s power supply and begin transitioning Bermuda toward cleaner, more efficient and lower cost energy production.
Ascendant, the owner of electric...
DATE: Jun 12, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Ignition Technology Group Ltd has developed a new Rapid Technology Platform to help start-up firms, including new Insurance Linked Securities (ILS) Companies, establish a ready-to-use technology environment.
An offshore financial cloud service and ma...
DATE: Jun 12, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Bermuda businesses involved in export are now eligible for a market support scheme operated by UK Trade & Investment.
This was announced by Governor George Fergusson, speaking to the Chamber of Commerce yesterday.
The programme, Overseas Market Intro...
DATE: Jun 11, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
