75811 results returned for search: "" category "Business"
Narinder Hargun, the Chief Justice, has granted a plaintiffs’ application for specific discovery, ordering that a Bermuda-based life insurer provide documents as part of a civil case involving hundreds of millions of dollars.
Mr Hargun ruled that a c...
DATE: Feb 21, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Greg Hendrick, chief executive officer of Axa XL, has left the company and is pursuing opportunities outside the group.
He is being replaced by Scott Gunter, who was previously president of Chubb’s North America commercial insurance division.
Mr Hend...
DATE: Feb 21, 2020
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CATEGORY:
Reinsurance
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Bermuda’s electric rental car pioneers have added a new feature to their fleet of vehicles.
Wi-fi is now available as an option in Current Vehicles’ Twizys after a deal was struck with One Communications.
Users are provided with a unique password to...
DATE: Feb 21, 2020
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
A popular Front Street nightspot is now open only on weekends.
The Dog House is open Fridays from 3pm until 3am on Saturday, and Saturdays from 4pm until 3am on Sunday, but is otherwise closed.
“It’s winter time, there’s a lack of business, a lack of...
DATE: Feb 21, 2020
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
Inflation averaged 1 per cent last year — the lowest annual average rate in the increase in the cost of living in more than a decade.
The revelation came in the Consumer Price Index, released by the Department of Statistics today, which showed that t...
DATE: Feb 21, 2020
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CATEGORY:
Economy
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AUTHOR:
Business Staff
Brides and others seeking dresses for the upcoming season have been warned to expect delays on future orders due to factory closures in China related to the coronavirus.
René Hill, owner of Rene Hill Originals, said brides, bridesmaids and graduating...
DATE: Feb 21, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Somers Ltd, the owners of Bermuda Commercial Bank, have announced that all regulatory and government approvals have been received for the sale of the bank.
The announcement was made this morning in a filing with the Bermuda Stock Exchange.
Somers sai...
DATE: Feb 21, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Automatic compensation for customers who suffer a loss of broadband or telephone service, missed appointments or delays to a new service, is to be considered by the Regulatory Authority.
It has reopened the Preliminary Report for the Principles of Co...
DATE: Feb 21, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Thomas Gallagher has been elected chairman of the council (board of directors) of the Bermuda Stock Exchange.
Mr Gallagher succeeds outgoing chairman David Brown, who will remain on the council as deputy chairman, replacing Jeff Conyers.
The new chai...
DATE: Feb 21, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Shares of Butterfield Bank were down 46 cents, or 1.35 per cent, at $33.60 on the New York Stock Exchange.
Meanwhile, it was a quiet day on The Royal Gazette/BSX Index, with no trades. The index was unchanged at 2,220.5.
The BSX Insurance Index was u...
DATE: Feb 21, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff