RSSCategory: Business

Tourism Authority Announce Five New Hires

Tourism Authority Announce Five New Hires

Hazel Clark, Nadia Hall, Kristin McSweeney, Rohan Shastri, and Keisha Webb have all joined the Bermuda Tourism Authority, the BTA announced today. The BTA said, “Five of the six new roles created at the Bermuda Tourism Authority as part of a budget neutral restructuring plan that began in January are now filled. “The changes were designed... Read more of this article

Tips On Success From Top Female Executives

Tips On Success From Top Female Executives

Two top female executives regaled an audience with tales of how their business relationship developed; their biggest regrets in business and the lessons learned never to be repeated again as part of a series of events designed to remove roadblocks to women succeeding in the re/insurance world. Cathy Duffy, Senior Vice President Underwriting Manager... Read more of this article

Minister: ‘Cybersecurity Is A Priority For Govt’

Minister: ‘Cybersecurity Is A Priority For Govt’

“Cybersecurity is a priority for the government and indeed for Bermuda,” Minister of National Security Wayne Caines said in the House of Assembly today [July 20] as he provided an update on progress in the areas of cybersecurity and cyber safety. The Minister’s full statement follows below: Mr. Speaker, I rise to advise this Honorable... Read more of this article

Video: “Taking Off” Highlights Curtain Walling

Video: “Taking Off” Highlights Curtain Walling

Skyport has released the fourteenth episode of ‘Taking Off’, a video series with host Mikaela Pearman that highlights the airport redevelopment project, with this week’s video highlighting the curtain walling of the new terminal. Speaking in the fourteenth episode, Mikaela Pearman said, “The site of the airport redevelopment project is coming... Read more of this article

New Business In Dockyard Will Make You Jump

New Business In Dockyard Will Make You Jump

An new business venture is set to open in Dockyard – guaranteeing a lot of ups and down for customers. FryDays Bermuda is launching the Island’s first trampoline park in the Sail Loft – a space refurbished by the West End Development Corporation [WEDCO]. Business Partner Mstira Weeks at FryDays said: “The business of Trampoline Parks is one... Read more of this article

Bermuda Stock Exchange Report: July 19 2018

Bermuda Stock Exchange Report: July 19 2018

July 19 saw 500 shares trade on the Bermuda Stock Exchange, valued at $8,875.00 BD. 500 shares were traded by BF&M Ltd, closing at an even $17.75 per share. The BSX finished at 2,681.42, even on the day. There were 0 advances, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related StoriesBSX... Read more of this article

Unique New Weekly Event For Dockyard

Unique New Weekly Event For Dockyard

A unique new weekly event – which will feature a huge range of interactive entertainment including a technology playground, theatre and deli – is set to kick off at the Royal Naval Dockyard next week. Earlier this year the West End Development Corporation [WEDCO] put out an RFP to revive Destination Dockyard, which was won by PinkSand Entertainment... Read more of this article

Retail Sales Decrease 7.8% In April 2018

Retail Sales Decrease 7.8% In April 2018

After adjusting for the retail sales rate of inflation, measured at 2.7% in April – the overall volume of retail sales weakened 7.8%, according to the recently released Retail Sales Index. “Five of the seven retail sectors recorded declines in sales volume with the largest sales volume decrease being reported for liquor stores at 19.4%,” the... Read more of this article

14-Year-Old Launches ‘Taste Testing’ Business

14-Year-Old Launches ‘Taste Testing’ Business

14-year-old Andreaz Glasgow — who despite his young age is a self-described ‘serial entrepreneur’ –  is set to launch a new business offering fun ‘taste testing’ experiences. The Berkeley Institute honour student founded ‘Guess What?’ after spotting there was a need for more diverse entertainment options on the... Read more of this article

Third Point Re Appoint Drury And Wilson

Third Point Re Appoint Drury And Wilson

Third Point Reinsurance Ltd. announced that David Drury and Steven Wilson have each been appointed to the position of Senior Vice President, Underwriting. Robert Bredahl, President and Chief Executive Officer of Third Point Re, commented, “We are very excited to have David and Steven join the Company as they bring proven track records and significant... Read more of this article

Bermuda Stock Exchange Report: July 18 2018

Bermuda Stock Exchange Report: July 18 2018

July 18 saw 344 shares trade on the Bermuda Stock Exchange, valued at $15,924.00 BD. 344 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.1% at $46.50 per share. The BSX finished at 2,681.42, up 0.85% on the day. There was 1 advance, 0 declines, and 59 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article

Ariel Sands Listed For Sale At $12,500,000

Ariel Sands Listed For Sale At $12,500,000

The Ariel Sands property in Devonshire is listed for sale, with an asking price of $12,500,000. The listing by Rego Sothebys International Realty says, “Located off Bermuda’s South Shore in Devonshire Parish sits Ariel Sands a one-of-a-kind development consisting of 14.5 acres zoned ‘Tourism’ of that 4.5 acres zoned ‘Woodland... Read more of this article

AIG Announces Closing Of Validus Acquisition

AIG Announces Closing Of Validus Acquisition

American International Group, Inc. today announced it has completed its acquisition of Validus Holdings, Ltd. The transaction, which was first announced on January 22, 2018, closed following receipt of regulatory approvals and approval of Validus shareholders. “As part of AIG, Validus adds attractive and diversified franchises, including Validus... Read more of this article