75412 results returned for search: "" category "Business"
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
Bermudian-based SFL Corporation Ltd, the ship-owning company, has reported a net profit of $47 million in the first quarter.
Other preliminary results include operating revenue of approximately $152.4 million.
The company said it had received charter...
DATE: May 12, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Taheera Lovell worries that when the privacy legislation comes into effect local entities will be overwhelmed with personal data requests
DATE: May 12, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
To elevate its Enterprise Bermuda Incubator programme, the Bermuda Economic Development Corporation has partnered with a top Canadian business growth programme.
The BEDC is now working with The Accelerator Centre in Waterloo, Ontario, and application...
DATE: May 12, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Continuing a tradition of collaborating with Bermudian artists, local clothing designer Tabs has partnered with Shanna Hollis on their newest release of swimwear called Gotta' Go Town, with a percentage of sales going towards art bursaries for Kaleid...
DATE: May 12, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff