75898 results returned for search: "" category "Business"
The finance minister has given the green light to the takeover of Ascendant Group Ltd by a Canadian utilities firm, the final approval needed for the deal to go through.
Ascendant revealed on October 5 that it had received approval from the Regulator...
DATE: Oct 16, 2020
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CATEGORY:
Business
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AUTHOR:
Jonathan Kent
Digitisation of money is gaining momentum across the world and Bermuda is at the cutting edge.
That was one of the takes from session at the Bermuda Tech Summit, which focused largely on stablecoins, digital currencies backed by traditional currencie...
DATE: Oct 16, 2020
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CATEGORY:
Technology
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AUTHOR:
Jonathan Kent
Employment income plunged by more than $113 million during the second quarter as restrictions to curb the spread of Covid-19 sparked a wave of layoffs and reduced hours.
Data released by the Department of Statistics offer a glimpse into the economic ...
DATE: Oct 16, 2020
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CATEGORY:
Economy
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AUTHOR:
Jonathan Kent
Ideas ranging from a Covid-19 track and trace system, to an online marketplace, and an app with up-to-the minute football and cricket stats, standings and results, were among the winners at this year’s TechAwards.
Bermudians are welcome to celebrate ...
DATE: Oct 16, 2020
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CATEGORY:
Business
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AUTHOR:
Scott Neil
Blockchain can be used to combat corruption in contract bidding processes. That’s one of many uses that are taking the technology beyond its general association with cryptocurrencies.
Sheila Warren, of the World Economic Forum, spoke about the techno...
DATE: Oct 16, 2020
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CATEGORY:
Business
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AUTHOR:
Scott Neil
Shares of HSBC Holdings Ltd fell five cents, or 1.33 per cent, to $3.70 after 4,881 traded on The Royal Gazette/BSX Index.
On the New York Stock Exchange, Butterfield Bank was up 27 cents, or 1.08 per cent, at $25.23.
The Royal Gazette/BSX Index was ...
DATE: Oct 15, 2020
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CATEGORY:
Bermuda Stock Exchange
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Regulatory issues for the insurance industry will be the topic of conversation when the Association of Bermuda Insurers and Reinsurers hosts a virtual “seaside chat with Jonathan Dixon, secretary-general of the International Association of Insurance ...
DATE: Oct 15, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
New analysis by PwC shows blockchain technology has the potential to boost global gross domestic product by $1.76 trillion over the next decade.
That is the key finding of a new PwC report Time for trust: The trillion-dollar reason to
rethink blo...
DATE: Oct 15, 2020
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CATEGORY:
Business
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Three Bermudians have joined Appleby’s two-year legal trainee programme.
Arielle DeSilva, Zantae Dill and Kaisha Wilson have joined the programme which involves being called to the Bermuda Bar and completing four six-month seats in various practice g...
DATE: Oct 15, 2020
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CATEGORY:
Business
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Giles Belfrage loves numbers and order, which makes him ideal for helping business owners sort their accounts.
A year ago he started Accountancy Tamer, a business that teaches people how to do their accounts, offers Quick Books software training, or ...
DATE: Oct 15, 2020
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CATEGORY:
Business
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AUTHOR:
Jessie Moniz Hardy