75782 results returned for search: "" category "Business"
Oligarchs now facing sanctions and the discomfort of seeing their luxurious lifestyles thrown into the spotlight may be disconcerted to recall that one of their alleged number, just four months ago in a Bermuda Court, vividly described his rise to di...
DATE: Mar 30, 2022
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
Apex Group Ltd, the Bermudian-based global financial services provider, in partnership with the Digital Leadership Forum, has announced the launch of the Financial Services Disruptor Forum powered by Apex Group.
Conceptualised and driven by Apex Grou...
DATE: Mar 30, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Walter Roban is to deliver a keynote address at next month’s Island Finance Forum.
Mr Roban, Bermuda’s deputy premier and home affairs minister, will do so in a forum session on exploring insurance and capital risk.
The session will take place on Apr...
DATE: Mar 30, 2022
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
Bermudian-based Mosaic Insurance has expanded its international transactional liability team in the United Kingdom, offering what it says is certainty amid an increasingly volatile cross-border deal environment.
The company has added four employees t...
DATE: Mar 30, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Duncan Hall
Billionaire and former Prime Minister of the Caucusus nation of Georgia, Bidzina Ivanishvili, won a half billion-dollar lawsuit in Bermuda’s Supreme Court today in a legal battle that pitted him against Swiss banking giant subsidiary Credit Suisse Li...
DATE: Mar 29, 2022
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
Financial services veteran Jenny Chu’s appointment to the board of directors of Bermudian-based Nordic American Tankers Limited, comes at the same time Dallas-based Doug Penick will be leaving to focus his attention on other business, the company sai...
DATE: Mar 29, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The RG/BSX Index remained unchanged for the day at 2,565.74, with no activity for domestic companies on the Bermuda Stock Exchange.
Meanwhile, the Bank of N.T. Butterfield & Son Limited finished up today 22 cents (0.59 per cent) on the New York Stock...
DATE: Mar 29, 2022
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CATEGORY:
Bermuda Stock Exchange
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December 2021 was a less than merry month, according to the latest retail sales report from the Department of Statistics.
The December 2021 Retail Sales Index report showed that the volume of retail sales fell 8.8 per cent compared with the same mont...
DATE: Mar 29, 2022
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CATEGORY:
Economy
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AUTHOR:
Jessie Moniz Hardy
The Cayman Islands may keep an eye on Bermuda as they review a $6-an-hour minimum wage implemented in March 2016.
The Cayman Compass is reporting broad support for a review of the six-year-old benchmark.
Chris Saunders, the Deputy Premier concede...
DATE: Mar 29, 2022
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
KPMG in Bermuda has sold its restructuring practice to Teneo, the New York-headquartered global CEO advisory firm.
As part of the transaction, Mike Morrison and Charles Thresh will be leaving the firm to join Teneo, along with the restructuring team,...
DATE: Mar 29, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff