1648 results returned for search: "" category "Business" author Scott Neil
A capital gains tax for Bermuda is neither on the table nor off it, the Government has said.
It has invited the Tax Reform Commission to revisit its 2018 recommendations and to suggest updates.
Curtis Dickinson, Minister of Finance, said: “We are goi...
DATE: Nov 12, 2020
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CATEGORY:
Business
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AUTHOR:
Scott Neil
Former government minister Jeff Baron is joining cryptocurrency exchange company Bittrex Global (Bermuda) Ltd as chief compliance officer.
The company has a licence to operate a cryptocurrency exchange in Bermuda is looking at the potential for issui...
DATE: Nov 12, 2020
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CATEGORY:
Business
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AUTHOR:
Scott Neil
There were no trades on The Royal Gazette/BSX Index yesterday, which was unchanged at 1,895.72, while the BSX Insurance Index was up 41.73 points, or 2.64 per cent, at 1,619.91.
The local stock exchange was closed today for the Remembrance Day holida...
DATE: Nov 11, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Scott Neil
Bermuda’s economy is set to get a boost from the cash windfall that flows from the $365 million sale of Ascendant Group.
The sale to Canadian company Algonquin Power and Utilities Corp was completed yesterday. Ascendant, the parent company of Belco, ...
DATE: Nov 10, 2020
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
An international, independent advisory panel will review information on 5G to assist the Regulatory Authority of Bermuda decide on the suitability of the broadband mobile network technology for the island.
Fifth Generation wireless networks are curre...
DATE: Nov 06, 2020
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CATEGORY:
Business
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AUTHOR:
Scott Neil
International tax, audit and advisory firm Mazars, which has an office in Bermuda, has unveiled its new global brand identity in more than 90 countries and territories.
Before the rebrand, the company had slightly different variants of its logo in so...
DATE: Nov 05, 2020
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CATEGORY:
Business
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AUTHOR:
Scott Neil
The only stock to trade on The Royal Gazette/BSX Index was One Communications Ltd, which was unchanged at $4 after 8,807 shares were exchanged.
On the New York Stock Exchange, shares of Butterfield Bank were down $2.51, or 8.55 per cent, at $26.86.
T...
DATE: Nov 04, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Scott Neil
A company that is working on a pilot digital token programme being tested in Bermuda has raised more than $2 million in its latest funding drive.
Stablehouse is collaborating with the Bermuda Government on a pilot scheme, which involves a digital tok...
DATE: Nov 04, 2020
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CATEGORY:
Business
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AUTHOR:
Scott Neil
A subsidiary of Bermudian-based property and casualty re/insurance run-off group Premia Holdings has become the latest customer for an automated finance software system created by Phinsys.
Phinsys, which has an office in Bermuda, said it had been sel...
DATE: Nov 04, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Bermuda will benefit as Ariel Re again becomes as an independent reinsurer, three years after it was acquired by Argo Group.
The company intends to stay on the island and continue to nurture its already high level of local talent.
Ryan Mather, Ariel ...
DATE: Nov 04, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil