76963 results returned for search: "" category "Business"
Brad Coetzer could not resist the bored-looking ape dressed in lab whites.
The ape was a piece of digital art sold as a non-fungible token.
“One of my favourite bands is Gorillaz and the ape reminded me a lot of the artwork used by the band,” Mr Coe...
DATE: Nov 12, 2021
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
The bankrupted branded apparel, footwear and brand management company Global Brands Group Holding Limited (GBG), has been formally put into liquidation by the Bermuda Supreme Court after football legend David Beckham and music and business impresario...
DATE: Nov 12, 2021
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
The Association of Bermuda International Companies (Abic) has released a “thank you” video to mark its 50th anniversary, featuring well-known businesspeople and politicians, and young Bermudians embarking on their career in international business.
Da...
DATE: Nov 12, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermuda-based Maiden Holdings Ltd has reported a third-quarter net loss of $3.1 million.
That compares with $2.2 million net income for the same period in 2020.
The company’s third-quarter net income available to common shareholders of $2.9 million w...
DATE: Nov 10, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The RG/BSX Index closed 22.25 (0.83 per cent) points higher on Wednesday at 2,701.51, as two issues traded on the Bermuda Stock Exchange.
The Bank of Butterfield rose 86 cents (2.20 per cent) to close at $39.88 on the New York Stock Exchange.
The Ber...
DATE: Nov 10, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of a+ (Excellent) of Bermuda-domiciled captive insurers Castle Harbour Insurance Limited and Harrington Sound Insurance Limited.
The companies...
DATE: Nov 10, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda-based Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net loss of $12.8 million for the third quarter.
This compares with a net loss of $6.6 million for the three months ended September 30, 2...
DATE: Nov 10, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermuda-based SFL Corporation Ltd, one of the world’s largest ship-owning companies, has reported net profit of $33.2 million in the third quarter as it announced preliminary financial results for the three months ended September 30.
The company repo...
DATE: Nov 10, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The Somers Isles Trading Company, the retail concessionaire for Bermuda’s new air terminal at L F Wade International Airport, has won an award from the travel retail industry media group DFNI-Frontier.
Travel industry representatives attended the Fro...
DATE: Nov 10, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Balance of payments figures released by the Government show a current account surplus of $313 million in the second quarter of 2021 — a $37 million increase year over year.
The growth in the surplus reflected an increase in the inflow of currency to ...
DATE: Nov 10, 2021
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CATEGORY:
Economy
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AUTHOR:
Business Staff