74991 results returned for search: "" category "Business"
The Bermuda Business Development Agency is promoting Bermuda as a base for fintech and climate risk finance in London this week
DATE: Jun 14, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Somers Limited, the financial services investment holding company, has received an unsolicited offer from shareholders representing approximately 95 per cent of the company’s issued share capital to acquire all of the company’s issued shares.
The Ber...
DATE: Jun 14, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Soaring inflation has upended the financial markets this year, resulting in sliding asset prices and elevated volatility.
Cautious investors continue to brace for unfriendly central bank policies designed to cap the steadily rising prices of goods a...
DATE: Jun 14, 2022
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CATEGORY:
Personal Finance
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AUTHOR:
Bryan Dooley
Four Bermudians have been promoted at law firm Carey Olsen Bermuda Limited.
Kyle Masters, Sam Stevens and Jay Webster are to join the Carey Olsen group partnership and Michelle Falcucci is to be promoted to counsel, with effect from July 1.
Managing ...
DATE: Jun 14, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Bermudian-headquartered Keon Foundation Ltd has partnered with Boston-based Algorand as the layer-1 blockchain solution for its regulated decentralised finance asset management ecosystem.
The foundation, established this year as a non-profit exempted...
DATE: Jun 14, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
A decision by Narinder Hargun, the Chief Justice, has settled a four-year-old dispute in the island’s collateralised insurance sector with a first-of-its-kind determination.
Mr Justice Hargun’s decision, delivered in the matter of Bermudian-based Aeo...
DATE: Jun 14, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Duncan Hall
A company in which Bermudian-based Athene Holding Ltd is lead investor has signed a stock purchase agreement with LeasePlan Corporation to acquire LeasePlan USA.
LeasePlan Corporation, the car-as-a-service company, announced that Wheels Donlen’s pare...
DATE: Jun 14, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
There was no trading for the day on the domestic board of the Bermuda Stock Exchange.
The RG/BSX Index stood still at 2,242.07.
The Bank of N.T. Butterfield & Son Limited sunk 62 cents (2.07 per cent) to finish the day at $29.33 on the New York Stoc...
DATE: Jun 13, 2022
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CATEGORY:
Bermuda Stock Exchange
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The Bermuda Hospitals Auxiliary is in desperate need of more volunteers to help them run The Barn, one of the largest thrift stores in Bermuda.
“Since the pandemic, many of our volunteers have not returned,” said Nancy Oughton, Barn general manager....
DATE: Jun 13, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
The insurance industry has been warned of the social risks of blindly withdrawing insurance cover, and divesting, from so called “dirty industries”.
The warning comes as increasing eco-activism centres media attention on a global insurance industry s...
DATE: Jun 13, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor