1609 results returned for search: "" category "Business" author David Fox, Business Editor
In the second year of a pandemic that shuttered Bermuda’s longstanding tourism industry, those who depend on tourism for a living, have truly suffered.
But one tour-boat operator spent the time restoring a storm-battered charter vessel that was writt...
DATE: Aug 17, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Efforts to combat a global tax plan that threatens Bermuda’s interests received help with a key expert publicly explaining how proposed measures would also be contrary to the interests of American homeowners, particularly in coastal states like Flori...
DATE: Aug 16, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
The rate of inflation rose 1.4 per cent in May as airfares soared more than 27 per cent, the government said today.
The year over year increase in the Consumer Price Index was the highest since August, 2019 when it was 1.5 per cent.
The rise in air...
DATE: Aug 13, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Government has seen a thousand applications from those who wish to take advantage of the “Work from Bermuda” initiative in its first year of offer, the finance minister Curtis Dickinson has said.
The Minister also signalled the success of another gov...
DATE: Aug 13, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
The Bermuda Foundation for Insurance Studies (BFIS), now in its 25th year of existence, has just awarded a total of $357,500 in scholarship funding to 18 students focused on careers in Bermuda’s insurance sector.
This brings the total amount of fund...
DATE: Aug 12, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Increasing pressures on the global supply chain are expected to bring added burdens for retailers, drive up prices, reduce availability and impact Bermuda buyers through Christmas, experts are warning.
Supply chain issues have been in train for 18 mo...
DATE: Aug 11, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Waheed Brown has his head in a cloud – the Google Cloud.
A Silicon Valley alum, the Bermudian is a Google Cloud Infrastructure Engineer.
The one-time Saltus schoolboy helps large customers like Apple move their computer networks into the Google Cloud...
DATE: Aug 09, 2021
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CATEGORY:
Technology
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AUTHOR:
David Fox, Business Editor
A fintech company whose authorisation to offer digital coins from Bermuda was hailed as “the start of a new era for Bermuda” has settled allegations of securities fraud.
Uulala Inc and two senior executives were charged in a California US District C...
DATE: Aug 06, 2021
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
Economic and financial difficulties may have ended the dream for the owners of a North Shore nightclub for a mature clientele.
A Supreme Court judge has refused to halt a writ of possession for 81 North Shore Road, Devonshire, in relation to the 2018...
DATE: Aug 05, 2021
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CATEGORY:
Business
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AUTHOR:
David Fox, Business Editor
There are warnings about the future of a Caribbean insurer, in which a Bermuda company acquired a sizeable stake three years ago.
The warnings came as Caribbean Information and Credit Rating Services Limited (CariCRIS) affirmed ratings for Beacon Ins...
DATE: Aug 04, 2021
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor