49296 results returned for search: "" category ("Other" AND "Business")
JetBlue Airways will become the first major US airline to offset carbon dioxide emissions from jet fuel for all its domestic flights.
In addition to becoming carbon-neutral for its US flights from July, it will use sustainable aviation fuel on flight...
DATE: Jan 09, 2020
|
CATEGORY:
Other
|
Bermuda has the potential to lead the way in renewable energy adoption, and benefit from greater energy independence and job creation.
Work is under way to create a coalition within the public and private sector to make change happen quickly.
One of ...
DATE: Jan 06, 2020
|
CATEGORY:
Other
|
Economically speaking, Bermuda is emerging from a largely painful decade and all residents will hope that 2020 can herald a new era of sustained economic growth.
However, such success would have to be achieved against the grain of demographics, with ...
DATE: Jan 02, 2020
|
CATEGORY:
Other
|
Google is ending its tax strategy called the “Double Irish, Dutch Sandwich”, which saw it move billions of dollars to Bermuda.
The tech company moved $24.5 billion (€21.8 billion) through its Netherlands holding company to Bermuda in 2018, up from $2...
DATE: Jan 02, 2020
|
CATEGORY:
Other
|
Submarine cable company Seabras 1 Bermuda Ltd has filed for bankruptcy protection in the US as it pursues a secured debt-restructuring plan.
Severe price drops on a fibre-optic cable system between the US and Brazil have been cited as the reason why ...
DATE: Dec 27, 2019
|
CATEGORY:
Other
|
Bermuda is no longer projected to have a budget surplus this fiscal year.
Forecast revenue and expenditure figures indicate a $1.1m deficit is now likely when the fiscal year ends on March 31.
An upwards revising of how much interest is being paid on...
DATE: Dec 24, 2019
|
CATEGORY:
Other
|
This year has been a missed opportunity for the Bermuda Government to apply tax reforms, not only because of a further delay in meeting its target for a budget balance, but also because of the “de facto easing of its fiscal targets” by suspending con...
DATE: Dec 24, 2019
|
CATEGORY:
Other
|
The Ministry of Finance has reported the first half fiscal performance for 2019-20.
Among the highlights are:
• Total revenues of $545.4 million, which is up $7.9 million compared to the first half of the fiscal year 2018-19.
• Total expenditure of $...
DATE: Dec 23, 2019
|
CATEGORY:
Other
|
AUTHOR:
Business Staff
Proposed changes to the investment fund regime have been discussed by the members of Alternative Investment Management Association Bermuda.
Economic substance guidance notes and the economic substance regulations are expected to be released before De...
DATE: Dec 23, 2019
|
CATEGORY:
Other
|
AUTHOR:
Business Staff
Bermuda International Long Term Insurers and Reinsurers saw an 11 per cent leap in membership this year.
The number of companies joining Biltir, which represents the island’s long-term insurers and reinsurers who provide life and annuity products su...
DATE: Dec 20, 2019
|
CATEGORY:
Other
|
AUTHOR:
Business Staff
