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Mussenden receives architectural award 2019-08-06 08:00:00Francis Mussenden, an intern with OBM International, has been awarded the Stanley G. Kennedy Architectural Award by the Institute of Bermuda Architect

Law firm expects rapid growth to continue 2019-08-06 08:00:00When Michael Hanson set about creating a law firm from scratch, he had a clear idea about how to approach the task.In November 2017, the Bermudian law

BFIS awards $340,000 of scholarships 2019-08-06 08:00:00The Bermuda Foundation for Insurance Studies has awarded $340,000 in scholarship funding to 16 students focused on careers in Bermuda's insurance sec

Barboza joins Aspen 2019-08-06 08:00:00Adam Barboza has been appointed director of corporate social responsibility at Aspen Insurance.The company says the role has been created to put addit

Butterfield shares down 3.96% on NYSE 2019-08-05 17:28:00Shares of Butterfield Bank fell $1.16, or 3.96 per cent, on the New York Stock Exchange, to close at $28.14.There were no trades on The Royal Gazette/

Deloitte Bermuda supports Pride Parade 2019-08-05 12:48:00Deloitte Bermuda is supporting and participating in Bermuda's first Pride Parade, which will be held on August 31.Deloitte is a signatory of the Unit

SOBC DARAG opens Bermuda office 2019-08-05 08:00:00SOBC DARAG has announced its new office in Bermuda as it expands its US and Bermudian operations.It is owned by DARAG Group investors, and is the prin

Essent Group announces its first dividend 2019-08-05 08:00:00Essent Group Ltd has reported net income of $136.4 million, or $1.39 per diluted share, for the second quarter.That is up on the $111.8 million for th

Rental minicar Hummers turn heads 2019-08-05 08:00:00Renters of electric minicars in Bermuda now have a more muscular option to consider.Rugged Rentals has launched, offering the Hummer HXT, an electric

Myron steps down as CEO of James River 2019-08-05 08:00:00Robert Myron has stepped down as chief executive officer of James River Group Holdings Ltd due to ill health caused by Lyme disease.He has taken on th

Island to host international shipping forum 2019-08-05 08:00:00Bermuda plays host to the TradeWinds International Shipping Forum in October.The two-day event aims to bring together decision-makers and influencers

Arbitrade COO leaves and leads new company 2019-08-05 08:00:00Arbitrade's chief operating officer Stephen Braverman has left the company and is leading a new business that owns the crypto tokens once controlled

Bernews.com » Business

BMA Food Drive Benefits Eliza Dolittle Society 2019-08-22 14:36:42Staff from the Bermuda Monetary Authority [BMA] recently participated in a food drive campaign and dress down denim day to benefit The Eliza DoLittle

Entrepreneurs Invited To Explore Tennis Heritage 2019-08-22 09:21:54As Bermuda’s marketing partnership with the US Open gets underway next week, the Bermuda Tourism Authority [BTA] is encouraging entrepreneurs, m

One Communications August Share Repurchases 2019-08-22 05:20:34In a filing with the Bermuda Stock Exchange [BSX], One Communications Ltd., advised that pursuant to BSX Regulation Section IIA 6.14[2][i], on 20

Bermuda Stock Exchange Report: Aug 21 2019 2019-08-22 05:15:45August 21 saw 3,834 shares trade on the Bermuda Stock Exchange, valued at $103,517.49 BD. 3,834 shares were traded by Bank of N.T. Butterfield Ltd, cl

Liberty Specialty Markets Summer Interns 2019-08-21 13:22:41The Liberty Specialty Markets recently welcomed students for their Bermuda Summer Internship Experience, which is designed to “develop the stude

Bank Foundation Awards $950K In Scholarships 2019-08-21 12:16:14The Bank of Bermuda Foundation recently held its annual Scholarship Awards reception at the Bermuda Underwater Exploration Institute. The event, a cel

Appleby Announces Award & Bursary Recipients 2019-08-21 12:07:41For the last 40 years, the partners of Appleby have provided awards and bursaries to qualified Bermudian applicants who have demonstrated academic exc

Bermuda Stock Exchange Report: Aug 20 2019 2019-08-21 05:15:18August 20 saw 10,000 shares trade on the Bermuda Stock Exchange, valued at $37,500.00 BD. 10,000 shares were traded by One Communications Ltd, closing

Hamilton Announces Acquisition & Appointments 2019-08-20 17:31:32Hamilton Insurance Group, Ltd., today [Aug 20] announced that it has completed its acquisition of Pembroke Managing Agency Limited [“Pembro

Beer & Wine Experience At Harbour Nights 2019-08-20 14:29:02The Bermuda Chamber of Commerce have announced the addition of an outdoor beer and wine experience at Harbour Nights. A spokesperson said, “Over

Bermuda Tech Week To Celebrate Innovation 2019-08-20 12:23:54Bermuda Tech Week 2019 will take place at the Hamilton Princess & Beach Club in October, set to “explore future opportunities and challenges

Coldwell Banker Mid-Summer Market Update 2019-08-20 12:18:48Coldwell Banker Bermuda Realty provided their 2019 Mid-Summer Market update, saying that “in-house analysis indicates between January and April

Reuters: Business News

Swedish regulator delays Swedbank money-laundering probe report New! 2019-08-23 05:58:23The Swedish Financial Supervisory Authority (FSA) will publish the conclusions of its probe into alleged money laundering in the Baltics by the beginn

Huawei says impact of U.S. trade restrictions less New! 2019-08-23 05:56:28Chinese smartphone maker Huawei Technologies said on Friday its business has been less impacted by U.S. trade restrictions than the company had initia

Thyssenkrupp, Kloeckner in talks over co-operation in materials New! 2019-08-23 05:32:45Thyssenkrupp is in talks with Kloeckner & Co over future cooperation in materials trading, but is not exploring a near-term takeover of the meta

Deutsche Bank to transfer up to 800 to New! 2019-08-23 05:18:37A deal in the works for BNP Paribas to assume the prime brokerage operations of Deutsche Bank will involve the transfer of up to 800 people, a perso

Tesla in advanced talks with LG Chem on New! 2019-08-23 05:02:41U.S. electric vehicle maker Tesla Inc is in advanced talks with South Korea's LG Chem Ltd to source batteries for vehicles to be made in its Shangh

Stocks, dollar climb before Powell's Jackson Hole speech New! 2019-08-23 04:56:55World stock markets and the dollar rose on Friday as investors looked to a speech by Federal Reserve chair Jerome Powell for clarification on whether

UBS taps BoE adviser van Steenis for sustainable New! 2019-08-23 04:50:40UBS Group has hired Huw van Steenis, a former senior adviser to Bank of England Governor Mark Carney, to head investor relations and a new sustainabl

China blames Canada for difficulties in relationship, demands New! 2019-08-23 04:37:27China's embassy in Canada said on Thursday that bilateral ties were suffering "gross difficulties," and demanded Ottawa free Huawei Technologies Co

Pompeo tells Trudeau U.S. focused on release of New! 2019-08-23 04:37:27U.S. Secretary of State Mike Pompeo on Thursday assured Canadian Prime Minister Justin Trudeau that American officials were working to free two Canadi

Hong Kong unions urge Cathay Pacific to end New! 2019-08-23 04:30:53Cathay Pacific Airways , which is caught in the crosswinds between authorities in Beijing and anti-government protesters in Hong Kong, must put an end

Seeking clarity from Fed's Powell? Good luck with New! 2019-08-23 04:10:59When Federal Reserve Chair Jerome Powell speaks in Jackson Hole, Wyoming, on Friday, traders will comb through his remarks for clues on whether the U.

UK competition watchdog reprimands RBS, Santander over PPI New! 2019-08-23 04:06:04Britain's competition watchdog has ordered Royal Bank of Scotland and Santander to appoint auditors to check how they remind customers who have pay

Christian Science Monitor |

China's yuan falls to lowest level in 11 2019-08-06 12:12:40Falling to nearly 14 cents to the dollar, the yuan's currency devaluation could become another tool in an ongoing trade war with the U.S. 

Who’s the boss? In worker-owned cooperatives, everyone is. 2019-08-06 12:12:40For 12% of U.S. workers, employee-owned co-ops offer a path to economic equality that resonates with socialists, liberals, and conservatives

Flagship stores lose luster, companies turn focus online 2019-08-06 12:12:40Gap, Tommy Hilfiger, and Polo Ralph Lauren have all left Fifth Avenue in New York. Other retailers are adapting to the changing ways customers shop.&n

Rate cuts with little risk? The unexpected taming 2019-08-06 12:12:40For the first time since the Great Recession, the Federal Reserve cut interest rates on Tuesday by a quarter of a point.

Why wealth and patience appear to go hand 2019-08-06 12:12:40Patience is often thought of in terms of social interactions. But the ability to bide one’s time also plays into national economics.

Trump has nothing to fear but fear itself. 2019-08-06 12:12:40Can a new budget deal, a rate cut, and no escalation in the China trade war keep recession at bay?

Why cattle and ecotourism combine on one Nebraska 2019-08-06 12:12:40Between tariffs and low grain prices, U.S. farmers are facing their toughest conditions in decades. Many are finding entrepreneurial ways to survive.&

Maine networks support young farmers, before they drop 2019-08-06 12:12:40Isolation and financial hardship take a toll on new farmers. In Maine, a program connects still-green farmers with mentors, know-how, and ea

Trade war slows Chinese economy to lowest rates 2019-08-06 12:12:40As economic growth falls to its lowest levels in more than a quarter-century, China is facing pressure to resolve an ongoing trade war with the U.S.&n

Around the world, investors value social, environmental impacts 2019-08-06 12:12:40Investors may value more than just financial profit. Markets for socially and environmentally mindful companies are opening across the world.

Farmers grow the food. But who’s helping new 2019-08-06 12:12:40Access to land is a major barrier to entering farming. One solution is land-link programs that pair landowners with those starting out.

Rural America faces housing shortage. How one town 2019-08-06 12:12:40Rent assistance is drying up for many rural housing projects. Construction costs keep rising. Yet many rural communities need to attract more workers.

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Reliance, BP announce new joint venture to set 2019-08-06 08:11:39The joint venture will build on Reliance's existing fuel retailing network of near 1,400 petrol pumps and an aviation fuel business

Kashmir debate LIVE: Farooq Abdullah says he's under 2019-08-06 07:35:39Jammu and Kashmir LIVE updates: The Lok Sabha will take up the resolution to abrogate Article 370 of the Constitution and the Jammu and Kashmir Reorga

Finance Ministry to issue norms for NBFC asset 2019-08-06 07:23:30The government has received a proposal from the Reserve Bank of India (RBI) on the draft modalities of the credit guarantee scheme, which would be ope

Kickstarting Kashmir's economy will be PM Narendra Modi's 2019-08-06 07:04:04Greater influx of labour and capital from rest of India will enable Kashmir and Kashmiris to come out of their economic rut

Jet employees seek interim financial relief till completion 2019-08-06 06:33:19The deadline for submission of initial bids under the insolvency resolution process ends on August 10

Ayodhya case: Hindu party seeks control of entire 2019-08-06 06:24:03The day-to-day hearing in the case commenced Tuesday after the efforts to arrive at an amicable settlement through mediation failed

MARKET WRAP: Indices trim gains, Sensex ends 277 2019-08-06 06:23:59All that happened in markets today

India Inc earnings disappoint, analysts see little hope 2019-08-06 06:17:45India's biggest lenders and automakers have all sounded warning bells over the slower growth in demand and consumption

AustralianSuper, Ontario Teachers to invest $1 bn each 2019-08-06 06:17:06The two fund managers committed $250 million each in the Master Fund and co-investment rights of up to $750 million each in future opportunities along

Govt raises cost of refinery project with Aramco 2019-08-06 06:13:02The project cost at the signing of a deal with Saudi Aramco in 2018 was pegged at $44 billion

Pidilite Industries gains 4% on good Q1 results, 2019-08-06 05:32:32The management remains cautiously optimistic in the medium term of delivering consistent, profitable volume-led growth.

IndiGo co-founder Rakesh Gangwal says feud still unresolved 2019-08-06 05:12:07BENGALURU (Reuters) - A co-founder of India's biggest airline IndiGo, Rakesh Gangwal, said reports that a truce had been brokered between him and ano

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