75777 results returned for search: "" category "Business"
The RG/BSX Index remained unchanged at 2,335.84 in the absence of domestic company trading on the Bermuda Stock Exchange for the day.
The Bank of N.T. Butterfield & Son Limited finished down 31 cents (1.03 per cent) to close at $29.77 on the New York...
DATE: May 16, 2022
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CATEGORY:
Bermuda Stock Exchange
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After two years of ferment, delivery trucks are rolling through again at On De Rock Craft Brewery on Market Lane in Pembroke.
Owner Simon Watkinson, has been struggling to keep the craft beer business going since the pandemic began in March 2020.
“T...
DATE: May 16, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
February’s retail sales volume fell 4.4 per cent compared to last year, according to Retail Sales Index figures released by the Ministry of Economy and Labour.
In value terms, retail sales revenue remained the same as the previous year (February 2021...
DATE: May 16, 2022
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CATEGORY:
Economy
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AUTHOR:
Business Staff
Consumers paid 2.5 per cent more in February than they did a year ago for the basket of goods and services included in the Consumer Price Index, the Ministry of Economy and Labour reported today.
This level of inflation was the same as the January an...
DATE: May 16, 2022
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CATEGORY:
Economy
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AUTHOR:
Business Staff
A winding-up order has been made in the Supreme Court of Bermuda in relation to World on Wireless Limited, the television subscription provider.
TeleBermuda International Limited has acquired the business and certain assets of WoW.
Joint provisional ...
DATE: May 16, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
The Bermuda Business Development Agency’s New York City executive forum, which concluded Wednesday, enabled the Bermuda team to engage in numerous business development meetings with potential New York City prospects, David Hart, the BDA CEO said toda...
DATE: May 16, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
AM Best has affirmed the financial strength rating of A (Excellent) and long-term issuer credit rating of “a” (Excellent) of Nectaris Re Ltd, the operating subsidiary of Nectaris Holdings Ltd, both of which are domiciled in Bermuda.
The outlook of th...
DATE: May 16, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The Covid-19 pandemic is still causing operational challenges in the shipping industry, Bermudian-based crude oil tanker company, DHT Holdings Inc, has reported.
DHT said the pandemic is hampering its seafarers and the ability to change crews at regu...
DATE: May 16, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Cinturion Corp Ltd, the Bermudian-registered global provider of scalable, subsea and terrestrial capacity-based network solutions, has reached an agreement with Lightstorm Telecom Ventures Pvt Ltd as its landing partner in India.
As part of the agree...
DATE: May 16, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermudian-based Lumen Re Ltd.
The outlook of these credit ratings is stable.
The agency said the ratings reflect Lumen Re...
DATE: May 15, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff