1533 results returned for search: "" category "Business" author David Fox, Business Editor
The killer Category 5 hurricane that led to the creation of Bermuda’s catastrophe reinsurance business – one of the most costly storms ever to hit the US – is being re-examined through an article in Best's Review.
In 1992, Hurricane Andrew virtually...
DATE: Aug 11, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
A Belco engineer who said he technically died after a road traffic accident eight years ago, before gaining a second chance at life at King Edward Hospital, and who went on to study alternative medicine in a remote, Honduran village with a controvers...
DATE: Aug 09, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Long after the anticipated return to service of a popular Washington Lane takeout restaurant, Casablanca remains shuttered, hit by an unforeseen staffing problem.
Three weeks ago, there was every attempt to bring the restaurant back online. There had...
DATE: Aug 08, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Butterfield Bank’s increased interest rates on loans by half a percentage point comes with a warning that more increases are likely to come soon.
The bank absorbed a third of the 75-basis-point increase in the target range of the US federal funds rat...
DATE: Aug 03, 2022
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CATEGORY:
Banking
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AUTHOR:
David Fox, Business Editor
American fossil fuel production is expected to soar in 2022 amid high oil and gas prices, a new report has warned.
The US government wants oil and gas producers to increase production of the very same fossil fuels that energy transition plans seek to...
DATE: Jul 22, 2022
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
The competition for Bermuda’s brightest minds is on.
The pandemic has highlighted the need to cultivate the supply of local talent for Bermuda companies.
Corporate Bermuda faces an ageing population and global competition for qualified staff. The ch...
DATE: Jul 20, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
The four recipients of Walkers (Bermuda) Limited’s 2022 scholarships and bursary awards are interning with the law firm this summer.
The firm announced that Jasmin Brown will receive Walkers' 2022 scholarship in the sum of $20,000.
A statement said:...
DATE: Jul 19, 2022
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CATEGORY:
Business
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AUTHOR:
David Fox, Business Editor
Bermuda’s restaurant scene is slowly returning to its pre-pandemic splendour, but not without the weight of technical, logistical, health and financial obstacles.
Casablanca, in Washington Lane, officially reopens today after earlier attempts fell sh...
DATE: Jul 15, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
One third of respondents to a global workforce survey plan to ask for a raise in the coming year, and one in five are very likely to switch employers
DATE: Jul 13, 2022
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
Uber Technologies Inc routed a portion of company wide profits through a Bermuda subsidiary in a complex corporate tax structure to cut its tax bill, which their European lobbyist saw as the company’s weakest link.
Executives had observed the weight ...
DATE: Jul 12, 2022
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor