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The Bermuda Stock Exchange closed up 2.39 at 1,148.72.
Stocks in the banking sector moved, with Bermuda National Ltd seeing 7,200 change hands at 12.40, up by 0.40, while 6,042 Bank of NT Butterfield Ltd moved at an unchanged 1.40.
DATE: Nov 27, 2013
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The official Hollywood Walk of Fame mobile application is the winner of Bermuda’s 2013 TechAwards, which were held at the Brian M. O’Hara building recently.
The International Innovation of the Year award went to MediaMine, LLC for their development o...
DATE: Nov 27, 2013
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Investors interested in an expected near five percent annual return offered by a new Bermuda Government bond issuance can learn more at two public information sessions next week.
The events will take place next Tuesday, December 3, and Wednesday, Dec...
DATE: Nov 27, 2013
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AUTHOR:
Jonathan Kent
A UK-based international charity has singled out Bermuda in its campaign to crack down on offshore ‘tax havens’.
War or Want picked on Bermuda after reports that internet giant Google had increased to $6 billion the amount funnelled through the Islan...
DATE: Nov 26, 2013
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AUTHOR:
Raymond Hainey, Assistant News Editor
A summit meeting of the Overseas Territories and the UK government will focus on economic growth and job creation, the UK government said yesterday.
Premier Craig Cannonier and Senator Michael Fahy, the Minister for Home Affairs, yesterday arrived in...
DATE: Nov 26, 2013
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AUTHOR:
Raymond Hainey, Assistant News Editor
Lt Col Brain Gonsalves, the former Commanding Officer of the Bermuda Regiment, is joining East End Telecom (Telecom) as its chief executive officer, the company’s board of directors has reported.
A press release announcing the appointment stated: “Br...
DATE: Nov 26, 2013
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Sister companies Marsh and Guy Carpenter & Company, an insurance and reinsurance broker respectively, have donated $9,750 to Friends of Hospice, the supporting charity for Agape House. The donation is being used to revamp the organisation’s community...
DATE: Nov 26, 2013
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Bermuda’s international business pumped an estimated $1.47 billion into the island’s economy last year, a survey released today said.
The largest single contribution was salaries, with exempt companies paying staff a total of $433 million last year —...
DATE: Nov 26, 2013
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AUTHOR:
Raymond Hainey, Assistant News Editor
Neptune Group Ltd has announced it will move Bermuda Container Line’s terminal location from New York to Philadelphia to cut costs.
The group stated that the move comes after two years of extensive research, financial modelling and importer, shipper ...
DATE: Nov 26, 2013
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Barbados’ credit rating has been cut by Standard & Poors Ratings Services (S&P).
Stating that the Caribbean nation has gone back into recession, S&P changed the island’s rating to ‘BB-’ from ‘BB+’, but S&P affirmed the country’s short-term rating at...
DATE: Nov 25, 2013
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