74996 results returned for search: "" category "Business"
My family did not travel much when I was a child, but when we did, my parents jumped through hoops to cut costs.
On a trip to Disney World, for example, our family of six switched hotels. Every. Night. My mom worked for a hotel chain and could get o...
DATE: May 14, 2022
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CATEGORY:
Personal Finance
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The RG/BSX Index closed unchanged for the day at 2,335.84 with no trading.
For the week, the Index was pulled down 40.99 points (1.75 per cent) by the trading of 2,800 BF&M Ltd. shares ($50,577). BF&M Ltd finished down $4.49 (20 per cent) at $18.01 a...
DATE: May 13, 2022
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CATEGORY:
Bermuda Stock Exchange
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A Bermudian-based company, prominent on the international stage, has joined forces with the island’s Olympic Games gold medalist.
Apex Group Ltd, the global financial services provider, has become a sponsor and sustainability partner to world champio...
DATE: May 13, 2022
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
The “regulatory sandbox” used by Bermuda’s financial services supervisors is proving to be a hit in the fintech industry.
There are currently 14 companies with such licenses, including four with test licenses, according to Jason Hayward, the Minister...
DATE: May 13, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermuda's newest internet provider, Horizon Communications, has launched a range of new internet packages for businesses looking for high speeds and savings.
A spokesman for the company said Horizon’s new wireless technology could provide one gbps+, ...
DATE: May 13, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Bermudian-based Fidelis Insurance Holdings Limited has joined the Net-Zero Insurance Alliance (NZIA), convened by the UN Environment Programme’s Principles for Sustainable Insurance Initiative.
The company said this highlighted its commitment to supp...
DATE: May 13, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Paysafe Limited, the Bermudian-incorporated specialised payments platform, has reported a net loss for the first quarter of $1.2 billion.
The company said that due to a sustained decline in Paysafe’s stock price and market capitalisation, as well as ...
DATE: May 13, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Teekay Tankers Ltd, the Bermudian-based owner and operator of mid-sized crude oil tankers, has reported a net loss of $13.9 million in the first quarter.
That compares with a loss of $39.8 million in the fourth quarter of 2021, and a loss of $21.4 mi...
DATE: May 13, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The RG/BSX Index fell 40.99 (1.72 per cent) to close at 2,335.84 on the trading of one stock on the Bermuda Stock Exchange for the day.
BF&M Ltd. closed at $18.01, down $4.49 (20 per cent) on trading of 2,800 shares ($50,577).
In New York, the Bank o...
DATE: May 12, 2022
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CATEGORY:
Bermuda Stock Exchange
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AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermudian-based Nissan Global Reinsurance Ltd, the captive insurer for the automobile manufacturing giant.
The outlook of...
DATE: May 12, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff