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The RG/BSX Index closed unchanged at 2,674.67 with domestic companies idle at the trading desk of the Bermuda Stock Exchange.
The Bank of Butterfield closed down 78 cents (2.01 per cent) at $38.02 on the New York Stock Exchange.
DATE: Feb 24, 2022
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CATEGORY:
Bermuda Stock Exchange
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Rego Sotheby’s International Realty has announced that the Sotheby’s International Realty global network achieved a record $204 billion in 2021 global sales volume.
That was a 36 per cent increase in sales growth year-over-year, as US cities saw a re...
DATE: Feb 24, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
A blue ribbon advisory panel says the Government has no clear guide to sticking to its 2021-22 spending allocations
DATE: Feb 24, 2022
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
A Bermudian mother-daughter duo could soon see their vegan hair care products on shelves at Target, one of the largest big box stores in the US.
But Gina Spence, and her daughter, Isis Benjamin, need $450,000 to ramp up manufacture and marketing for...
DATE: Feb 24, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
A Black former Belco employee of 43 years has been honoured for his work modernising the company.
Belco paid tribute to the late Nolan Leroy Smith, an electrical engineer who helped build the company’s battery energy storage system – or Bess – which ...
DATE: Feb 24, 2022
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CATEGORY:
Local Business
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AUTHOR:
Sékou Hendrickson
Bacardi, the drinks giant based in Bermuda, has achieved the internationally recognised “Great Place to Work” certification at its 23 production sites across ten countries worldwide.
The company’s global operations team of almost 4,000 employees prai...
DATE: Feb 24, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
On the same day that it emerged from a chapter 11 bankruptcy process, Bermudian-based offshore drilling company Seadrill Limited has reported a net profit of $18 million in the second half of 2021.
That compares with a $605 million loss in the first ...
DATE: Feb 24, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based energy outfit Höegh LNG Partners LP has reported net income of $16.2 million in the fourth quarter of 2021.
That compares with net income of $18.5 million in the fourth quarter of 2020.
The floating liquefied natural gas service provi...
DATE: Feb 24, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The RG/BSX Index remained unchanged at 2,674.67 in the absence of trading on the Bermuda Stock Exchange domestic board.
In New York, The Bank of N.T. Butterfield & Son Limited finished at $38.80, down a dollar (2.51 per cent) for the day on the New Y...
DATE: Feb 23, 2022
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CATEGORY:
Bermuda Stock Exchange
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An air importer that sparked a flurry of complaints this month over poor service has been put on notice of a formal complaint after another missed flight yesterday
DATE: Feb 23, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Bell