75787 results returned for search: "" category "Business"
Axis Capital Holdings Ltd is expecting third-quarter losses related to weather events of up to $175 million.
The Bermudian re/insurer said the estimate for events including Hurricane Dorian and Japanese typhoons was in the range of $150 million to $...
DATE: Oct 10, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Estera, a corporate, funds and trust services provider, has launched legal services in Bermuda and Cayman.
The firm was spun off from law firm Appleby in late 2015, having previously been known as Appleby Fiduciary.
Estera will enter a competitive le...
DATE: Oct 10, 2019
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Two thousand shares of Ascendant Group Ltd trade on the Bermuda Stock Exchange.
The company, which owns power utility Belco, closed unchanged on $34.
Ascendant was the only stock to trade on the BSX, as The Royal Gazette/BSX Index closed unchanged on...
DATE: Oct 10, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Top Ten Employers (Photographs by Akil Simmons
DATE: Oct 09, 2019
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CATEGORY:
Other
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Bermudian lawyer Jacari Brimmer-Landy has been Called to the Bar.
He was called at the Commercial Court on Friday before Chief Justice Narinder Hargun.
Mr Brimmer-Landy is an associate in the corporate practice of international law firm Conyers. He s...
DATE: Oct 09, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
After clothing Bermuda’s children for almost four decades, Pirates Port Kids closes at the end of the month.
Owner Susan Gilbert said she’d tried hard, but the business just wasn’t there any more.
“The kid’s clothing business has died,” the 71-year-...
DATE: Oct 09, 2019
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Arbitrade’s website is no longer operating. There is nothing at the web address arbitrade.io, which was used by the company, other than a message saying the site “can’t be reached”. An online check revealed the domain name registration licence expire...
DATE: Oct 09, 2019
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CATEGORY:
Other
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The volume of retail sales fell in June by 6 per cent in volume when compared to a year ago.
The fall is all the more striking as June 2018 saw the biggest drop in retail sales volume — at 9.1 per cent — of the past four years.
The figures are inflat...
DATE: Oct 09, 2019
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CATEGORY:
Local Business
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Consumers paid more for goods and services in June than they did in the same month in 2018.
The Consumer Price Index rose 0.7 per cent, year-on-year.
The inflation rate year-on-year more than doubled during the month, rising by 0.4 of a percentage po...
DATE: Oct 09, 2019
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CATEGORY:
Economy
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AUTHOR:
Business Staff
Butterfield Bank shares gained 0.9 per cent in Bermuda Stock Exchange trading.
The bank climbed 25 cents to close on $27.50 as 285 shares changed hands.
Butterfield’s US-listed shares gained 26 cents, or 0.94 per cent, to close on $27.98 on the New Y...
DATE: Oct 09, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff