75413 results returned for search: "" category "Business"
Digicel Business Bermuda has made donations to two local charities — Vision Bermuda and Open Airways.
The company said the money was raised as a result of various fundraising activities that took place over the course of the recently concluded PGA To...
DATE: Nov 18, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Bermudian-based Orion Reinsurance Ltd.
The outlook of these credit ratings is stable.
The ratings reflect Orion Re’s balance sh...
DATE: Nov 18, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Höegh LNG Partners LP, the floating liquefied natural gas service provider, has reported net income of $16.6 million for the third quarter of the year.
That compares with net income of $17.4 million in the prior-year third quarter.
Hö...
DATE: Nov 18, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Borr Drilling Limited, the Bermudian-based oilfield services company, has reported a net loss of $54.9 million in the third quarter of the year, a decrease in loss of $110.4 million compared with the second quarter of 2022.
Announcing preliminary una...
DATE: Nov 18, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The RG/BSX index closed unchanged at 2,356.63 with no trading on the Bermuda Stock Exchange for the day.
The Bank of N.T. Butterfield & Son Limited finished down 11 cents (0.33 per cent) at $33.20 on the New York Stock Exchange.
DATE: Nov 17, 2022
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CATEGORY:
Bermuda Stock Exchange
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An idea to combine the Government’s emphasis on vertical farming with the future of Bermuda’s cash-strapped football clubs has been hailed by an international football legend.
A 40-person thought leadership round table, hosted by the Bermuda Football...
DATE: Nov 17, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Laura Smith-Mayne and husband Chris Mayne, of Furniture Walk in Paget, always talked about opening a mattress store in Hamilton.
“We have a presence on 12 Harvey Road, Paget, but it is very much a warehouse district,” Ms Smith-Mayne said. “We felt l...
DATE: Nov 17, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Bermuda’s fragile economic state is reflected in the latest consolidated financial statements released by Polaris Holding Company Limited, the organisation said.
In a filing with the Bermuda Stock Exchange, Polaris — the parent company to Stevedoring...
DATE: Nov 17, 2022
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
The Bermuda Economic Development Corporation last night awarded $42,000 to 12 local winners of its annual Rocket Pitch competition.
Six first-place contestants won $5,000 each for their business pitch, while six second-place winners got $2,000 each. ...
DATE: Nov 17, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Butterfield has been recognised as the best private bank in Bermuda and the Cayman Islands by The Banker and PWM in the 14th annual Global Private Banking Awards 2022 — and also by Global Finance in their eighth annual World’s Best Private Banks 2023...
DATE: Nov 17, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff