74967 results returned for search: "" category "Business"
Bermudian-based Global Cloud Xchange, the network service provider powering global connectivity for new media providers, telecom carriers and enterprises, has been awarded its international long distance licence by the Indian Government.
This award e...
DATE: Dec 14, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Acrisure, a fast-growing fintech leader that operates a top-ten global insurance broker and the largest independent real estate services company in the United States, has announced the members of its insurance leadership team reporting to Grahame Mil...
DATE: Dec 14, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The RG/BSX Index rose 26.82 (1.12 per cent) to 2,419.21 as the only trading issue. Bank of N.T. Butterfield Ltd, rose 50 cents (1.5 per cent) to $34, through trading of 4,990 shares on the Bermuda Stock Exchange.
Meanwhile, Butterfield stock fell 55 ...
DATE: Dec 13, 2022
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CATEGORY:
Bermuda Stock Exchange
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Evertas, the American crypto asset insurer with an island-based subsidiary licensed by the Bermuda Monetary Authority, has successfully closed a series A financing round that raised $14 million.
In addition to $5.8 million seed financing, that puts t...
DATE: Dec 13, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Lawyer Michael Hanson has been unanimously elected as the new chairman of the board of the Bermuda Business Development Agency.
Mr Hanson, the managing partner of Carey Olsen Bermuda, succeeds Stephen Weinstein in the chairman’s role.
Mr Weinstein is...
DATE: Dec 13, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Heading into the softer months, high manufacturing and shipping costs together with untimely arrivals, will continue to plague one of the island’s flagship retailers.
Depressed tourism numbers will further reduce the influx of foreign capital, and pl...
DATE: Dec 13, 2022
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
After four years on Elliott Street in Hamilton, OM Juicery is moving and evolving.
In the new year, owner, Preston Ephraim, will reopen in the café at the Bermuda Aquarium, Museum & Zoo in Flatts, previously occupied by Buzz. An opening date has not ...
DATE: Dec 13, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Jewel, Bermuda’s new digital bank for global digital asset institutions, has partnered with blockchain development ecosystem, Polygon, to issue its Jewel USD stablecoin, Asset Servicing Times has reported.
The bank is the first to be licensed to issu...
DATE: Dec 13, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The Association of Bermuda International Companies completed its 2022 Annual General Meeting at O’Hara House, with Wayne Smith taking over as the new executive director from the retiring Richard Winchell.
Mr Winchell, who occupied the seat for 16 yea...
DATE: Dec 13, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The moves to reduce the risk profile, improve earnings and reinforce capital adequacy has factored in the decision of Moody's Investors Service to affirm the A3 financial strength ratings of the insurance businesses of Aspen Insurance Holdings Limite...
DATE: Dec 13, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff