49296 results returned for search: "" category ("Other" AND "Business")
MBS Fitness has been open just a few months and already the owners are planning an expansion that will make it - at 15,000 square feet - the largest health club in Bermuda.
Owner/manager Rebecca Wallington said membership had grown so much since she ...
DATE: Aug 19, 2011
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Butterfield Bank has announced that Victor Dodig has joined its board of directors.
Mr Dodig was nominated for appointment to the board by Canadian Imperial Bank of Commerce (CIBC) to replace John Orr, as one of its two representatives on Butterfield...
DATE: Aug 19, 2011
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Bermuda’s insurance regulation regime for big commercial re/insurers is largely equivalent with the new European Solvency II regulations, according to a consultation document published yesterday by European assessors.
However, more enhancements need ...
DATE: Aug 18, 2011
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AUTHOR:
Jonathan Kent
A self-made billionaire businesswoman has won a damning appeal against two subsidiaries of the now defunct Mutual Risk Management group and two of its Bermuda-based senior executives.
The Bermuda Appeal Court judgement could have major implications f...
DATE: Aug 18, 2011
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Startled Butterfield Bank customers found themselves short of money yesterday after the company suffered a major Internet banking glitch.
Thousands of bill payments and money transfers were duplicated in customer accounts.
Butterfield Bank said yeste...
DATE: Aug 18, 2011
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LOM suffered a loss of $1,220 during the first half of 2011 as its broking fees dropped by 6.5 percent to $1.76 million.
That compares to a loss of a loss of $357,286 in the first six months of 2010. The company’s assets under administration also dro...
DATE: Aug 18, 2011
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Bermuda is at the centre of an investigation into the finances of Australian tycoons the Lowy family in a bid to uncover who was behind a Liechtenstein-based foundation that US authorities have alleged was used for tax evasion.
That is according to a...
DATE: Aug 18, 2011
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Nabors Industries Ltd has announced that its wholly-owned subsidiary Nabors Industries Inc has priced $700 million in senior unsecured notes due in 2021, following the private placement offering it announced earlier yesterday.
The notes will bear int...
DATE: Aug 18, 2011
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It’s not just the Island’s large companies that should be worrying about backing up their data in the event of a disaster.
The HWP fire brought the issue to the forefront, but for many small and home-based businesses cost is a concern, especially in ...
DATE: Aug 17, 2011
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Kentucky Fried Chicken (Bermuda) Ltd (KFC) has confirmed its delisting and last day of trading on the Bermuda Stock Exchange (BSX).
Further to KFC’s announcement of its intention to delist on July 15, 2011, the BSX has advised that the delist date ha...
DATE: Aug 17, 2011
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