1536 results returned for search: "" category "Business" author David Fox, Business Editor
The City of Hamilton is littered with shuttered buildings and other vacated commercial premises, some that once housed thriving businesses.
It is a visual indicator of the island’s economic troubles and a focus as parliamentary budget discussions be...
DATE: Feb 28, 2022
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CATEGORY:
Business
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AUTHOR:
David Fox, Business Editor
The Government is downplaying Bermuda being put back on the European Union’s Grey List, but admits it is powerless to get off it until October.
DATE: Feb 25, 2022
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
A blue ribbon advisory panel says the Government has no clear guide to sticking to its 2021-22 spending allocations
DATE: Feb 24, 2022
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
More than a month into the new year, Bermuda’s financial institutions are still considering what to do about replacing Libor, a major component scheduled for retirement at the end of 2021 from its use in the setting of interest rates.
The Bermuda Ban...
DATE: Feb 08, 2022
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CATEGORY:
Banking
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AUTHOR:
David Fox, Business Editor
With one exception, retail sales have fallen every October since 2016, government figures show. Only in 2020 did the month record an increase.
The Retail Sales Index press statement released Friday night said October’s retail sales fell 6.6 per c...
DATE: Feb 07, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Bermudian-based insurer says it will not insure the construction or operation of any new thermal coalmine
DATE: Feb 04, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Officials tried to start the countdown clock marking 100 days until the return of Sail Grand Prix yesterday and … nothing happened.
Charles Jeffers II, the CEO of the Bermuda Tourism Authority, was there for the unveiling of the symbolic countdown c...
DATE: Feb 04, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
A Supreme Court judge has denied a bid by HSBC Bank Bermuda Limited to take possession of a mortgaged commercial property and sell it to satisfy the mortgage debt.
Puisne Judge Larry Mussenden refused the bank’s application for summary judgment and r...
DATE: Feb 03, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
A Bermuda company is playing an important role in efforts to mitigate climate change, and Bermuda’s young are a part of the generation that will be the key.
The Bermuda insurance executive whose company has tasked him with a lead role in the corporat...
DATE: Jan 31, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
While at least two government agencies are promoting the island’s Work from Bermuda certificate, the travel site Kayak puts Bermuda at the bottom of its list of recommended places from which to work remotely.
Using 22 different factors, Kayak compare...
DATE: Jan 28, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor