Hashtag: #BermudaBusiness
Chubb Select Internship Accepting Applicants
Chubb is now accepting applications for its Chubb Select Internship scheduled for June-August 2017. The application deadline has been moved up to October 14, 2016 from November with interviews being conducted the following week. Chubb Select is a dedicated insurance internship aimed at Bermudian university students who are considering a career in Bermuda’s... Read more of this article
Bermuda Stock Exchange Report: Sept 22 2016
September 22 saw 55,963 shares trade on the Bermuda Stock Exchange, valued at $612,193.60 BD. 36,315 shares were traded by Argus Group Holdings Ltd, closing even at $4.05 per share, while another 19,448 shares were traded by Bank of N.T. Butterfield Ltd, closing up 2.1% at $24.00 per share. 200 shares were traded by Ascendant Group Limited, closing... Read more of this article
A.M. Best Affirms Credit Ratings Of BF&M Limited
In a filing with the Bermuda Stock Exchange [“BSX”], BF&M Limited noted that that A.M. Best affirms the credit ratings of BF&M Limited and its subsidiaries. The statement said, “A.M. Best has affirmed the Financial Strength Rating [FSR] of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “a” of BF&M Life... Read more of this article
New! Notification Centre In Bernews Mobile App
The Bernews App has just gotten even easier to use with the addition of a new notification centre, combining all breaking news alerts in an easy-to-read format. With the ability to subscribe to the optional push notifications, you can receive breaking news alerts directly to your phone, with the new notification center allowing your phone or tablet... Read more of this article
BDA & Industry Prepare: Week Of Major Events
A week of major international business conferences to close September will bring hundreds of delegates to the Island from Latin America, the US, Canada and further afield next week, the Bermuda Business Development Agency said. “Bermuda Business Development Agency [BDA] and its stakeholders are preparing for five significant industry events being... Read more of this article
Karl: Clarien Bank Will Closed On Saturday
Clarien Bank Limited will be closed Saturday, September 24 in anticipation of the impending approach and aftermath of Tropical Depression Karl. “Although access to branch lobbies will be unavailable, customers may access the ATM area of the 19 Reid branch by swiping any Clarien or non-Clarien debit or credit card,” the Bank said. “However,... Read more of this article
Audio Visual Electronics Now Selling iPhone 7
Audio Visual Electronics now has the iPhone 7 available for sale, with models ranging from 32GB to 256GB in colours including rose gold, gold, silver, and black, with the iPhone 7 Plus expected to be in stock next week. Pricing is $1,199 for the iPhone 7 32GB, $1,299 for the iPhone 7 128GB, and $1,399 for the iPhone 7 256GB. Audio Visual Electronics... Read more of this article
New ‘Virtual’ Business Programme At Berkeley
The Berkeley Institute has implemented a Virtual Enterprise International [VEI] programme in their business department, using the experiential learning technique to introduce students to the world of business across a multi-disciplinary agenda. Students in the VEI class actually develop a business with all of the positions and departments typically... Read more of this article
Bermuda First Investment Ltd’s Financial Results
In a filing with the Bermuda Stock Exchange [BSX], Bermuda First Investment Company Limited announced their financial results for the year ending June 30, 2016, with Chairman J. Michael Collier saying they “have seen an improvement in both the share prices and the balance sheet positions of our major investments over the last 12 months.” The... Read more of this article
Family Business Barometer 5th Edition Released
European Family Businesses [EFB] and KPMG Enterprise have launched the fifth edition of the European Family Business Barometer, which seeks to measure the confidence levels of family-owned businesses across Europe. A spokesperson said, “Family businesses prove once again to be successful and resilient. This important market [Europe has approximately... Read more of this article
Bermuda Stock Exchange Report: Sept 21 2016
September 21 saw 1,270 shares trade on the Bermuda Stock Exchange, valued at $14,134.30 BD. 700 shares were traded by Devonshire Industries Ltd, closing even at $5.50 per share, while another 570 shares were traded by BF&M Ltd, closing up 0.3% at $18.05 per share. The BSX finished at 1,543.23, up 0.03% on the day. There was 1 advance, 0 declines,... Read more of this article
Bank Of Butterfield Announces Closing Of IPO
In a filing with the Bermuda Stock Exchange, the Bank of Butterfield announced the closing of their Initial Public Offering. The filing stated that the Bank announced the closing of its previously announced initial public offering [IPO] of 12,234,042 of its voting ordinary shares at a price to the public of $23.50 per share. “The shares began... Read more of this article
