75413 results returned for search: "" category "Business"
The RG/BSX Index remained unchanged at 2,230.73 at day’s end after no trading on the Bermuda Stock Exchange.
The Bank of N.T. Butterfield & Son Limited finished the day down 30 cents (0.89 per cent) at $33.59 on the New York Stock Exchange.
DATE: Aug 01, 2022
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CATEGORY:
Bermuda Stock Exchange
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Bermudian-headquartered Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net profit of $28.8 million for the second quarter of the year.
That compares with a net loss of $8.2 million for the second qu...
DATE: Aug 01, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based Triton International Limited, the world’s largest lessor of intermodal freight containers, has reported net income attributable to common shareholders for the second quarter of $184.6 million.
That compares with net income of $181.2 m...
DATE: Aug 01, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
ATN International Inc, the Massachusetts-based parent company of One Communications and Fireminds, has reported a net loss of $500,000 for the second quarter of the year.
That compares with net income of $2 million in the second quarter of 2021.
The ...
DATE: Aug 01, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Ascot has announced the launch of a marine cargo and war facility which will provide coverage for vital grain and food products transitioning through safe corridors established by the newly signed Black Sea Treaty between Russia and Ukraine.
Placed b...
DATE: Aug 01, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The announcement by Bermudian-based Fidelis Insurance Holdings Limited that it is to create a managing general underwriter has impacted the ratings of the company and its subsidiaries with AM Best.
The ratings agency has placed under review with nega...
DATE: Aug 01, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The Association of Bermuda International Companies said it will join OutBermuda in celebrating Bermuda Pride 2022 later this month.
In a statement Abic said: “As businesses in Bermuda, we strive to ensure that everyone is treated fairly, equitably, a...
DATE: Aug 01, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermuda’s fintech-friendly atmosphere and strong technological infrastructure has led to the formation of a new cyber-risk modelling company.
DeNexus founder Jose Seara and senior adviser Jeffrey Sirr came to the island to incorporate DeNexus.
“We ...
DATE: Aug 01, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Bermuda has been ranked second in the world for its regulation of the digital-asset sector.
The first-of-its kind Global Crypto Regulation Index has been launched by Solidus Labs, which bills itself as the crypto-native risk-monitoring and market int...
DATE: Aug 01, 2022
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
Veteran realtor Larry Sticca says that the 0.75 per cent US federal funds rate rise announced on Wednesday may dampen the real estate market in Bermuda, but probably will not bring it to a complete standstill.
“It will probably hit customers on the b...
DATE: Aug 01, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy