RSSCategory: Business

Bermuda Stock Exchange Report: May 21 2018

Bermuda Stock Exchange Report: May 21 2018

May 21 saw 10,106 shares trade on the Bermuda Stock Exchange, valued at $108,972.28 BD. 8,200 shares were traded by Argus Group Holdings Ltd, closing up 1.8% at $3.92 per share, while another 1,480 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.6% at $48.50 per share. 418 shares were traded by Ascendant Group Limited, closing up 9.2%... Read more of this article

Students Graduate From New England Tech

Students Graduate From New England Tech

The Minister of Education and Workforce Development Diallo Rabain, today [May 21] offered congratulations to the Bermudian students who recently graduated from the New England Institute of Technology [NEIT]. The Department provides funds for students in the amount of $10,000.00 per year. In addition, students attending NEIT receive an additional $7000.00... Read more of this article

BFIS Bermuda Intern Programme Gets Underway

BFIS Bermuda Intern Programme Gets Underway

The annual BFIS Bermuda Summer Intern programme, now in its 17th year, commenced this week for six undergraduate students who will spend the next three weeks [May 21 – June 8] learning about how the Bermuda insurance industry works, the myriad of careers and the different areas of insurance. The students will be visiting 30 insurance, reinsurance... Read more of this article

Guy Carpenter Promotes Jenni Rowntree Estis

Guy Carpenter Promotes Jenni Rowntree Estis

Guy Carpenter has announced that Bermudian Jenni Rowntree Estis has been promoted to the role of Head of Operations, Senior Vice President, Broking. A spokesperson said, “Guy Carpenter is a wholly owned subsidiary of Marsh & McLennan Companies [MMC], a global professional services firm offering clients advice and solutions in the areas of... Read more of this article

BDA CEO Steps Down, Takes Consultancy Role

BDA CEO Steps Down, Takes Consultancy Role

The Bermuda Business Development Agency [BDA] announced today [May 21] that Chief Executive Officer Ross Webber has “stepped down from his position, effective May 17. He will continue to work with the agency, undertaking a consultancy role through the transition to new leadership.” This follows after the BDA previously confirmed on May... Read more of this article

Photos & Video: BEDC ‘Vend 2 Win’ Market

Photos & Video: BEDC ‘Vend 2 Win’ Market

The Bermuda Economic Development Corporation [BEDC] hosted their first Vend 2 Win Competition and Market this afternoon [May 19] with over 30 local vendors showcasing their wares at the BAA Gymnasium. Live video replay belowOrganiser Ondreyah Rochester, BEDC’s Junior Micro, Small, and Medium Enterprise [MSME] Officer, previously said she was “overwhelmed”... Read more of this article

X20 Adventures Waterpark To Reopen On May 25

X20 Adventures Waterpark To Reopen On May 25

The X20 Adventures Waterpark in the west end will be officially re-opening this Friday [May 25] and have made some changes for “round two” saying they are back “better than ever.” “We couldn’t possibly be more excited! While last year was our first year in operation, it was spent ironing out a lot of kinks when bringing... Read more of this article

Shipping Schedule: Week Starting May 19

Shipping Schedule: Week Starting May 19

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday May 19th.On Saturday the Anthem of the Seas cruise ship is expected, on Sunday the Norwegian Dawn cruise ship and the Oleander container ship will arrive, and on Monday the Veendam and the Grandeur of the Seas cruise ships... Read more of this article

Bermuda Stock Exchange Report: May 18 2018

Bermuda Stock Exchange Report: May 18 2018

May 18 saw 170 shares trade on the Bermuda Stock Exchange, valued at $2,709.00 BD. 60 shares were traded by Argus Group Holdings Ltd, closing even at $3.85 per share, while another 50 shares were traded by Bermuda Press [Holdings] Ltd, closing even at $6.15 per share. 40 shares were traded by Bank of N.T. Butterfield Ltd, closing at an even $47.75 per... Read more of this article

Minister: Island Can Be Home & Future Of Fintech

Minister: Island Can Be Home & Future Of Fintech

“Based upon the feedback, and outcomes from Consensus 2018, we can confidently stake our claim as the jurisdictional home and future of fintech,” Minister of National Security Wayne Caines said in the House of Assembly today [May 18] Minister Caines was providing an overview on the Bermuda delegation’s recent experience at the Consensus... Read more of this article

Minister: Hotels Hire New Staff After Programme

Minister: Hotels Hire New Staff After Programme

Over 15 people have been hired by local hotels after completing a training program for Room Attendants, the Minister of Education and Workforce Development Diallo Rabain said in the House of Assembly today [May 18], with additional people currently “in the recruitment phase.” The Minister was providing an update on the Hospitality training... Read more of this article

Dunkley Expresses Concern About Sugar Tax

Dunkley Expresses Concern About Sugar Tax

The proposed sugar tax “will put countless businesses in jeopardy of being a viable entity and cost Bermudians jobs,” Shadow Minister of National Security Michael Dunkley said, adding that “this is not scaremongering- just a fact.” Mr Dunkley said, “I strongly encourage everyone to read this bill on the proposed sugar tax which... Read more of this article

Everest Re Group Declares $1.30 Dividend

Everest Re Group Declares $1.30 Dividend

Bermuda-based Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.30 per share payable on or before June 13, 2018 to all shareholders of record as of May 30, 2018. Everest Re Group, Ltd. is a Bermuda holding company that operates through the following subsidiaries: Everest Reinsurance Company provides reinsurance... Read more of this article