75000 results returned for search: "" category "Business"
LONDON (Reuters) - Veon has "alternative routes to move cash", Ukraine's biggest mobile operator said yesterday after its boss warned that providing full-year guidance would be "irresponsible" in light of Russia's invasion of the Eastern European cou...
DATE: Mar 01, 2022
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CATEGORY:
International Business
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Liz Truss, the UK Foreign Secretary, has assured British MPs that British Overseas Territories are doing everything they can to ensure that “Putin’s oligarchs have nowhere to hide”.
Ms Truss made the comment in response to a question from a Plaid Cym...
DATE: Mar 01, 2022
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
The Association of Bermuda International Companies (Abic) has expressed its concern that Bermuda will remain on a European Union grey list until October despite having done what was needed to satisfy the OECD’s Forum for Harmful Tax Practices (FHTP)....
DATE: Mar 01, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
CargoJet, “Canada’s cargo airline“, has apologised for the rash of delays and service interruptions that has left Bermuda importers in the lurch on more than one occasion recently.
The company vowed to take steps to replace faulty jets used in its Be...
DATE: Mar 01, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based Liberty Group Limited has appointed Azeem Khan as managing director of its wholly owned subsidiary, AG Holdings Limited.
The company said Mr Khan is an operational executive with more than 20 years of experience in operations, busines...
DATE: Mar 01, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Digicel and the Sargasso Group are teaming up for Pronto, a new joint venture, promoting innovation and technological development.
Pronto offers shelf-stable grocery categories such as household care, snacks, personal care, and packaged foods along w...
DATE: Mar 01, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Bermudian-based Teekay Tankers Ltd, one of the world’s largest owners and operators of mid-sized crude oil tankers, has reported losses for both the fourth-quarter and full fiscal year 2021.
The company said its fourth-quarter GAAP net loss was $39.8...
DATE: Mar 01, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Legacy specialist Darag Group, which has an operation in Bermuda, has appointed Andrew Pryde to the new role of group chief risk officer, subject to regulatory approvals.
Based in London, Mr Pryde will report to group chief executive officer Tom Boot...
DATE: Mar 01, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The RG/BSX Index closed unchanged at 2,717.42 as two issues traded on the Bermuda Stock Exchange.
Argus Group Holdings Ltd. remained at $6.39 at the end, after 5,000 shares changed hands. And Watlington Waterworks Ltd. also remained unchanged at $33 ...
DATE: Feb 28, 2022
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CATEGORY:
Bermuda Stock Exchange
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A year after its launch, global re/insurer SiriusPoint Ltd says it is “just getting started”.
The Bermudian-headquartered company debuted on February 26 last year as one of the first fully formed re/insurers of the Class of 2020, following the merger...
DATE: Feb 28, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff