75889 results returned for search: "" category "Business"
Fans of The Spot, fear not. There are no plans for the venerable restaurant to permanently close its doors.
The popular eatery has been shuttered since mid-March because of restrictions related to the Covid-19 pandemic.
Thomas “Ted” Powell, the long...
DATE: Jul 17, 2020
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CATEGORY:
Local Business
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New rules on economic substance have led some companies to consider bringing more work to the island.
Ben Wright, the senior manager, financial services, at professional services firm EY Bermuda, said it was one of the positives from Bermuda’s econom...
DATE: Jul 17, 2020
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CATEGORY:
Other
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Shares of Ascendant Group Ltd rose 0.6 per cent in Bermuda Stock Exchange trading.
The parent company of power utility Belco rose 20 cents to close on $31.25 as 1,300 shares changed hands.
The only other issue to trade on the BSX was BF&M. The insure...
DATE: Jul 17, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Dominic Raab, the British Foreign Secretary, has welcomed Bermuda’s commitment to make its companies beneficial ownership register public as a step to improve global transparency.
In an update to the British Parliament yesterday, Mr Raab said the isl...
DATE: Jul 16, 2020
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CATEGORY:
Other
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Shares of Argus Group Holdings Ltd saw unusually high trading volume on the Bermuda Stock Exchange.
Argus gained two cents, or 0.8 per cent, to close on $2.56 on the trading of 85,575 shares.
The insurer was the lone stock to trade on the BSX. The Ro...
DATE: Jul 16, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Customers have been assured that the shop 59 Front is open for business.
The ground floor premises on Front Street was previously operated by AS Cooper until September when the lease, inventory and staff was taken by Brown & Co, a subsidiary of The P...
DATE: Jul 16, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Bob Richards believes Bermuda did not have to bow to international pressure and commit to making its companies beneficial ownership register public.
However, the former finance minister understands why the Government has decided to do it.
Mr Richards...
DATE: Jul 15, 2020
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CATEGORY:
Other
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Rumours that Wayne Caines has been hired by Ascendant Group have been firmly denied by the company.
Ascendant responded to a question from The Royal Gazette yesterday about claims circulating on social media that the former Minister of National Secur...
DATE: Jul 15, 2020
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CATEGORY:
Other
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Two stocks fell and one gained in Bermuda Stock Exchange trading.
BF&M Ltd was the only issue to advance, The insurer climbed ten cents, or 0.6 per cent, to close on $18 as 1,015 shares changed hands.
Ascendant Group Ltd suffered the sharpest fall, d...
DATE: Jul 15, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Hundreds of millions of dollars worth of insurance-linked securities providing mortgage reinsurance coverage may face losses as US delinquency rates surge.
Bermudian-based mortgage re/insurer Essent Group has reported that all of its mortgage ILS tra...
DATE: Jul 15, 2020
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CATEGORY:
Reinsurance
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