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BMA fines Estera $500,000 2019-06-15 04:00:00The Bermuda Monetary Authority has fined Estera Services (Bermuda) Ltd $500,000, the financial-services regulator announced yesterday.The BMA said the

Trading single stocks is ultra high risk 2019-06-15 04:00:00Dear Dave,I was recently offered an opportunity to participate in a hands-on stock trading class. The problem is we don't have the $6,500 registratio

All quiet on the BSX 2019-06-14 14:27:00No shares traded on the Bermuda Stock Exchange on the eve of the holiday weekend.The Royal Gazette/BSX Index closed unchanged on 2,221.04.The BSX Insu

Frontline: cause of tanker explosion unknown 2019-06-14 13:54:00Frontline Ltd, the Bermudian-based oil tanker operator whose Front Altair vessel burst into flames in the Strait of Hormuz after an explosion, today s

Concern as island-linked tankers 'attacked' 2019-06-14 04:00:00After two oil tankers with links to Bermuda were apparently attacked in the Gulf of Oman yesterday, a shipping expert has expressed growing concern.He

Fed should 'act like parent, not teenager' 2019-06-14 04:00:00The US Federal Reserve needs to "act like the parent, not the teenager" after appearing to be increasingly swayed by the whims of the financial mark

Primary pupils benefit from maths initiative 2019-06-14 04:00:00Everything adds up for Harrington Sound Primary School students who are losing their fear of mathematics and have completed the first guided maths pro

Substance Act seen as 'paradigm shift' 2019-06-14 04:00:00The EU Substance Act represents "as much a paradigm shift as I have ever seen", says an expert who has assisted the Bermuda Government in its respon

Beam Team laser show to illuminate weekend 2019-06-14 04:00:00Entrepreneur Nathan Amaral will illuminate Bermuda Carnival weekend with two laser light shows.Mr Amaral is the owner of laser light and special effec

Argus sees 100,000 shares trade on BSX 2019-06-13 13:38:00One hundred thousand shares of Argus Group Holdings Ltd changed hands on the Bermuda Stock Exchange.The insurer's share price gained three cents, or

The MarketPlace launches in-store wi-fi 2019-06-13 13:05:00Don't you hate it when you find the perfect recipe online, but leave your shopping list at home?The Marketplace customers can quickly retrieve the re

McGibbon joins EY as partner 2019-06-13 13:03:00EY announced that David McGibbon has joined as partner in the advisory practice of EY's Bahamas, Bermuda, British Virgin Islands and Cayman Islands r

Bernews.com » Business

EY Sponsors 15th Bermuda Captive Conference 2019-06-17 07:00:19EY recently sponsored and participated in the 15th Annual Bermuda Captive Conference at the Fairmont Southampton. The conference attracted over 800 de

Bermuda Business Delegation Heads To Toronto 2019-06-16 08:43:59Finance Minister Curtis Dickinson leads a delegation of government, regulatory and industry representatives to Toronto next week to highlight Bermuda&

KPMG Named A Leader In Global Cyber Security 2019-06-15 09:00:03KPMG has been named by Forrester Research as a leader among global cyber security consulting providers, also receiving one of the highest scores of an

Caroline Bay: We Have Agreement For Financing 2019-06-15 08:34:30Caroline Bay Limited “has entered into an agreement which will provide the financing to continue construction of the Caroline Bay development,&r

Monetary Authority Fines Estera $500,000 2019-06-15 08:12:18The Bermuda Monetary Authority has fined Estera Services $500,000 due to the “company’s failure to adequately comply within a specifi

Shipping Schedule: Week Starting June 15 2019-06-15 07:00:37The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday June 15th. On Sunday

Photos: Whitney Institute School Career Fair 2019-06-15 06:22:39The Whitney Institute Middle School held their Career Fair on Friday [June 14] with the morning session seeing multiple businesses having display boot

Bermuda Stock Exchange Report: June 14 2019 2019-06-15 05:15:44June 14 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,221.04, even on the day. There were 0 advances, 0 declines, and 56 rem

AXIS Prices Offering Of $300 Million Notes 2019-06-14 09:37:16Bermuda-based AXIS Capital Holdings Limited announced that its subsidiary, AXIS Specialty Finance LLC, has priced an offering of $300 million aggregat

PartnerRe Prices Offering Of $500M Senior Notes 2019-06-14 05:30:17Bermuda-based PartnerRe Ltd. announced that its subsidiary, PartnerRe Finance B LLC [PRE Finance B], has priced a registered public offering in the Un

Bermuda Stock Exchange Report: June 13 2019 2019-06-14 05:15:21June 13 saw 100,140 shares trade on the Bermuda Stock Exchange, valued at $310,970.00 BD. 100,000 shares were traded by Argus Group Holdings Ltd, clos

Attendees Praise Captive Conference Event 2019-06-13 18:02:31Owners and corporate risk managers for Fortune 500 companies, among nearly 800 delegates attending this week’s Bermuda Captive Conference, prais

Reuters: Business News

U.S. settles antitrust charges with Fox, CBS, Scripps, New! 2019-06-17 19:34:23The U.S. Justice Department said on Monday it had settled antitrust charges with CBS Corp, Cox Enterprises Inc, E.W. Scripps Co, Fox Corp and Tegna In

Pfizer makes $10.6 billion cancer bet in cash New! 2019-06-17 19:09:01Pfizer Inc said on Monday it would buy Array Biopharma Inc for $10.64 billion in cash, a deal it hopes will help make it a leader in colon cancer and

Oil prices fall 1% as economic worries outweigh New! 2019-06-17 18:50:14Oil prices fell more than 1% on Monday after more poor Chinese economic figures fanned fears of lower worldwide oil demand.

Bah humbug! Trump's plan for more China tariffs 2019-06-17 18:24:05This year's holiday season could be tighter for many Americans if the U.S. government imposes tariffs on another $300 billion worth of Chinese import

Senator Rubio targets Huawei over patents 2019-06-17 18:07:15U.S. Senator Marco Rubio filed legislation on Monday that would prevent Huawei Technologies Co Ltd from seeking damages in U.S. patent courts, after

Huawei says U.S. ban hurting more than expected, 2019-06-17 18:07:15China's Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company's founder and CEO Ren Zhengfei said, and slashe

U.S. chipmakers quietly lobby to ease Huawei ban 2019-06-17 18:00:53Huawei's American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech

U.S. firms say China tariffs will raise costs, 2019-06-17 17:27:09A wide range of U.S. companies told a hearing in Washington on Monday that they have few alternatives other than China for producing clothing, electro

New blow to Boeing from engine delay, Airbus 2019-06-17 17:26:26Boeing suffered a fresh setback at the opening of the Paris Airshow on Monday as the U.S. planemaker's engine supplier revealed a delay affecting its

American in talks for up to 50 Airbus 2019-06-17 17:26:26American Airlines Group Inc is edging toward a deal with Airbus to buy up to 50 newly launched A321XLR extended-range narrow-body aircraft, including

Boeing says has no plans to change name 2019-06-17 17:26:26Boeing Co said on Monday it had no plans to change the name of the 737 MAX after news reports that it would be prepared to do so to improve its future

Faith in the Fed nudges Wall Street higher 2019-06-17 17:25:18Wall Street edged higher on Monday, supported by Facebook, Amazon and Apple, as investors awaited a key Federal Reserve meeting that is expected to la

Business - The Huffington

Boeing CEO Admits 'Mistake' Made With Embattled 737 2019-06-17 04:43:52Dennis Muilenburg conceded the planemaker made an error in its in handling of a warning-system problem in its 737 Max jet.

Massive Target Register Outage Causes Confusion At Stores 2019-06-15 21:26:27The company said a technical glitch caused a register shutdown for two hours. For some customers, it felt like the end of the world.

UAW Loses In Second Attempt To Unionize VW 2019-06-14 21:43:51The election underscores the challenges unions still face in organizing workers in the South.

United Auto Workers Gets Another Crack At Unionizing 2019-06-12 13:53:57At stake are 1,700 potential members and a major foothold in an area not friendly to unions.

Boeing Reports Zero New Plane Orders For Second 2019-06-12 06:47:27The plane-maker's order and delivery totals have plummeted since the grounding of its troubled 737 Max jet.

YouTube CEO Apologizes For Standing By Homophobic Videos 2019-06-10 20:14:18Susan Wojcicki said being hurtful "wasn’t our intention at all."

The Marriott Strike Helped Grow The Largest Hotel 2019-06-10 18:01:32Unite Here just won four union elections at Marriott properties, victories it traces in part to the 2018 work stoppage.

Over 180 CEOs Sign Full-Page NYT Ad That 2019-06-10 11:51:45Twitter's Jack Dorsey, fashion designer Diane Von Furstenburg and more signed the ad that declares equality in the workplace is "one of the most imp

American Airlines Extends Boeing 737 Max Flight Cancellations 2019-06-09 15:35:55Approximately 115 flights will be canceled per day through Sept. 3, the airline said on Sunday.

Even More Asbestos Found In Claire's Makeup Products 2019-06-07 17:20:10The Food and Drug Administration said it found asbestos in a makeup kit three months after the company pulled other makeup from its stores.

Sephora Won't Solve Racism In An Hour, Obviously. 2019-06-06 05:45:27The makeup retailer’s effort is well-intentioned, but research shows the effectiveness of diversity training is mixed.

Delta Tried To 'Trap' Its Own Flight Attendants 2019-06-01 14:17:30Someone in the airline's operations control center feared attendants might walk off the plane after working long hours. So they ordered the door clos

Christian Science Monitor |

Why this company wants your old underwear 2019-06-17 15:56:56Will recycling textiles save the planet? Buying less and wearing your clothes longer might accomplish more.

Farmers caught between a flood and a trade-war 2019-06-17 15:56:56A $19.1 billion disaster aid package won't include much help for Midwestern farmers who can’t plant. Meanwhile a trade war puts farm

Why tariff threat is unsettling – even after 2019-06-17 15:56:56The threat of Mexican tariffs is off for now. But it could return – and the weaponization of tariffs may not be in the long-term interest of the

One group not happy about older workers: young 2019-06-17 15:56:56Americans under 50 believe the rising number of older workers hurts the economy, a recent poll shows. Longer and healthier life spans have allowed mor

Robot baristas in South Korea push automation forward 2019-06-17 15:56:56South Korea's coffee scene has a new face: robotic baristas. While automation raises concerns that finding entry-level jobs will become har

SEC moves to require brokers to reveal conflicts 2019-06-17 15:56:56In the past, not all financial advisers were legally required to put clients' interest first. But some say the new measure by federal regulators does

Medicare for all – why supporters can’t agree 2019-06-17 15:56:56Support for single-payer health care seems to have risen over the past year or so, but such a plan presents complex, and controversial, choices.

Where is workforce really booming? Among the oldest 2019-06-17 15:56:56McDonald’s wants to hire 250,000 senior workers. A CVS program avows that ‘Talent is Ageless.’ And nationwide the ranks of older wor

Car trouble: How symbol of freedom became a 2019-06-17 15:56:56A record 7 million Americans are 90 days or more delinquent on car loans, a new report finds. U.S. auto debt is also at a record: $1.28 tril

Uber’s founders have cashed in. How about the 2019-06-17 15:56:56Uber relies on an army of drivers whom it refuses to call employees. But some see its “Partner Protection” plan as a model for the gig eco

As US-China trade war ramps up, how will 2019-06-17 15:56:56China-made goods will cost Americans more, as President Trump presses Beijing for trade-talk concessions. By July tariffs may hit cellphones, shoes.

Walmart follows Target to enter retail shipping wars 2019-06-17 15:56:56The nation's largest retailer joins the next-day shipping competition. Walmart has one big advantage over Amazon – its more than 4,700 sto

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IndiGo moves away from Pratt & Whitney, places 2019-06-17 11:39:48CFM International will deliver the first engine by 2020

WI vs BAN LIVE ICC CWC 2019: Tamim, 2019-06-17 11:27:10Bangladesh won the toss and put West Indies to bat first. Shai Hope missed his century while Shimron Hetmyer hit a quick-fire fifty as Windies posted

India Inc's advance tax mop-up surges 171% in 2019-06-17 11:15:48Mumbai collected Rs 17,174 crore of advance taxes against Rs 7,356 crore in the same period last year, according to data compiled by the tax dept.

Over and out for Jet Airways as lenders 2019-06-17 10:57:25State Bank of India and other lenders will refer the airline to NCLT later this week

JP Nadda is BJP working president, Amit Shah 2019-06-17 10:40:58Nadda, 58 and a former union health minister, will hold the post for six months

Sotheby's sold for $3.7 billion to telecom billionaire 2019-06-17 10:24:36Sotheby's is returning to private ownership after 31 years as a public company.

Major killed, another officer and 2 jawans injured 2019-06-17 10:13:06The injured were rushed to the 92 base hospital of the Army in Srinagar, the officials said

Steel imports from South Korea and Japan fill 2019-06-17 09:37:58The Indian steel industry has asked for a safeguard duty on steel imports

Fitch cuts India's GDP growth forecast to 6.6% 2019-06-17 09:23:59In the last fiscal, Indian economy grew at a 5-year low pace of 6.8%

West Bengal doctors to call off strike as 2019-06-17 09:19:38A formal announcement on withdrawal of the strike is likely to be made from the epicentre of the protest, the NRS Medical College and Hospital

DCC to penalise Airtel, Voda Idea; seeks Trai 2019-06-17 07:55:08The penalty on Airtel and Vodafone works out to be about Rs 1,050 crore each

Overall nuclear arms decline but India, Pakistan expanding 2019-06-17 07:24:27The drop in recent years can mainly be attributed to the US and Russia, whose combined arsenals still make up more than 90 percent of the world's nuc


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