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Former Chubb executive joins PartnerRe board New! 2019-02-20 09:16:00Jacques Bonneau has been appointed to the board of directors of PartnerRe Ltd.He has held multiple executive roles, most recently at Chubb Ltd, as Gro

Institute of Directors building talent base New! 2019-02-20 09:08:00A drive to focus on professional development has succeeded in increasing the number of prospective directors available to serve Bermuda-registered com

Rocky markets drive Somers' $16.8m loss 2019-02-20 08:04:00Somers Ltd posted a $16.8 million loss in the last three months of last year, driven by a decrease in the market value of its investments and currency

Bermudian roofs stand strong in Caribbean 2019-02-20 03:00:00Category five Hurricane Irma caused widespread destruction when it rolled through the Turks & Caicos in September 2017.Clocking winds of more than

Start-up to boost digital-asset exchanges 2019-02-20 03:00:00An American technology company has launched a platform designed to provide liquidity for a planned digital-asset exchange in Bermuda.Fundamental Inter

Butterfield beats estimates with $50.9m profit 2019-02-20 03:00:00Butterfield Bank finished 2018 strongly with a reported profit of $50.9 million, or 92 cents per share, for the fourth quarter. That beat analysts est

Argus Group edge lower 2019-02-19 13:48:00Shares of Argus Group Holdings Ltd finished two cents lower at $3.75 after 2,500 traded on The Royal Gazette/BSX Index.There was also trading in 14 sh

Global rankings for Bermuda lawyers and firms 2019-02-19 03:00:00Chambers and Partners, the UK-based publisher of annual law firm guides, has lavished praise on Bermuda's legal community in the Chambers Global 2019

Jobs may go in Europe as Axa XL 2019-02-19 03:00:00More than 700 jobs will potentially go in the proposed next phase of integration of business units in Europe following Axa's acquisition of XL Group

Quiet day for BSX 2019-02-19 03:00:00It was a quiet day on The Royal Gazette/BSX Index, with no trades. The index remained unchanged at 2,194.83 points.The BSX Insurance Index was down 35

Cookie company is sweet success for teenager 2019-02-19 03:00:00They say you have to break a few eggs to make an omelette; and the same might be said for baking cookies.Learning to bake, Ahmani Peets spent months p

Cybersecurity focus for Bermuda conference 2019-02-19 03:00:00Cyber coverage and cybersecurity solutions will be the focus of the inaugural NetDiligence Cyber Risk Summit Bermuda, at the Hamilton Princess and Bea

Bernews.com » Business

Kennedys Lawyers Top Ranked By Chambers 2019-02-19 06:16:28Two of Kennedys’ Bermuda partners have been ranked as being amongst the best in the jurisdiction, as its Dispute Resolution and Insurance teams

Bluck’s of Bermuda Store Closes After 175 Years 2019-02-18 09:45:23After 175 years of operation, the Bluck’s of Bermuda store has closed its doors, saying the “closure of Bluck’s is a sign of the tim

BLDC Seeking Vendors For Daniel’s Head Beach 2019-02-18 09:19:53Bermuda Land Development Company Limited [BLDC] is inviting applications for vendors at Daniel’s Head Beach for the 2019 summer season. A spokes

RA: Consumer Protection And Market Review 2019-02-18 06:37:34The Regulatory Authority of Bermuda today [Feb 18] announced that “Bermuda’s electronic communications  and electricity sectors will

Minister & BTA CEO To Speak At Tourism 2019-02-17 16:00:03The Bermuda Chamber of Commerce and the Bermuda Hotel Association are among the tourism stakeholder groups joining the Ministry of Tourism & Trans

Coinsquare Acquires Crypto Platform StellarX 2019-02-17 06:00:24Coinsquare — a cryptocurrency trading platform — announced it has acquired StellarX. “StellarX will be a wholly owned subsidiary of

FI Launching Automated-Hedging Platform 2019-02-17 06:00:15Fundamental Interactions announced the launch of its proprietary automated-hedging platform designed to jumpstart liquidity within a new exchange. &ld

Casino Gaming Commission Annual Report 2019-02-16 17:09:18The Bermuda Casino Gaming Commission is “temporarily economically dependent” upon the Government and received a $3.76 million grant, and t

OBA: Govt Must Outline Economic Stimulus Plan 2019-02-16 09:51:12“Government must urgently outline its economic stimulus plan and explain how it will increase the resident population as Bermuda cannot afford m

National Trust To Host Auction & Jumble Sale 2019-02-16 07:00:05The Bermuda National Trust [BNT] will be hosting its Annual Auction and Jumble Sale on Saturday March 2nd from 10:00am to 6:00pm at Botanical Gardens.

Shipping Schedule: Week Starting February 16 2019-02-16 07:00:05The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday February 16th. On Sat

Appleby Team Top Ranked By Chambers 2019-02-16 06:00:58Appleby’s Bermuda office continues to be ranked Band 1 in Insurance and is the only firm on the island with two partners in Band 1 for Insurance

Reuters: Business News

Spotlight falls on Swedbank in Baltic money laundering 2019-02-20 05:14:37Swedbank defended its money laundering controls after Swedish television said it had uncovered documents linking the bank to suspicious transactions w

FMC expects NxStage deal to close in next 2019-02-20 04:51:38Germany's Fresenius Medical Care (FMC) said on Wednesday it has won the green light from U.S. regulators to acquire U.S. home dialysis equipment make

Amid trade talks, China urges U.S. to respect 2019-02-20 04:46:43The United States should respect China's right to develop and become prosperous, the Chinese government's top diplomat told a visiting U.S. delegati

Sainsbury's-Asda deal in doubt as UK regulator raises 2019-02-20 04:38:40Britain's competition regulator has dealt a potentially fatal blow to Sainsbury's planned $9.5 billion takeover of Walmart's Asda, saying it was un

U.S.-China trade hopes extend equity surge; central banks 2019-02-20 04:23:37World stocks hit a four-month high on Wednesday on hopes of progress in trade talks between the United States and China, with a dovish backdrop at maj

Microsoft says discovers hacking targeting democratic institutions in 2019-02-20 04:20:54Microsoft Corp on Wednesday said it had discovered hacking targeting democratic institutions, think tanks and non-profit organizations in Europe and

Saudi Aramco discussing investments in India's Reliance Industries: 2019-02-20 04:16:39Saudi Aramco's Chief Executive Officer Amin Nassar said on Wednesday that the company is in talks with India's Reliance Industries Ltd for possible

Governance panel opposed to Renault chairman being named 2019-02-20 04:15:41An external committee tasked by Nissan Motor Co to help improve corporate governance at the Japanese firm is opposed to the idea of Renault's chairma

Ghosn's new lawyer says he should be released 2019-02-20 04:03:42The new lawyer for ousted Nissan Chairman Carlos Ghosn said his client should be released on bail while awaiting trial and that Japan was out of step

India's top court finds Anil Ambani guilty of 2019-02-20 02:59:04India's Supreme Court on Wednesday found Anil Ambani, chairman of debt-laden Reliance Communications (RCom), guilty of contempt of court for wilfully

Oil dips below 2019 highs as surging U.S. 2019-02-20 02:51:30Oil prices slipped away from 2019 highs on Wednesday, with surging U.S. supply and slowing economic growth tempering upward pressure from supply cuts

Lockheed unveils new F-21 fighter jet configured for 2019-02-20 00:38:14Lockheed Martin offered India a new combat jet, F-21, on Wednesday to be made locally, in a bid to win a large military order worth over $15 billion.

Christian Science Monitor |

New York's opposition to Amazon might scare off 2019-02-19 19:24:24Amazon has scrapped plans to build a headquarters in Queens amid fierce opposition from politicians, but experts warn that the pushback against the te

For many Americans, the Trump tax cut doesn’t 2019-02-19 19:24:24President Barack Obama’s signature domestic initiative, on health care, was marred by a glitch-prone rollout. Is President Trump’s tax-cut

T-Mobile, Sprint defend merger to lawmakers 2019-02-19 19:24:24The companies' executives argue that the merger will force the industry to up its game, improving quality of services and lowering prices. But the de

Climate’s pressure on energy firms isn’t just political, 2019-02-19 19:24:24PG&E’s bankruptcy filing has wider implications. Will CEOs’ and shareholders’ closer attention to the business risks of warming

US considers a tax on wealth, even as 2019-02-19 19:24:24Elizabeth Warren is considered a candidate of the left, yet even half of Republicans share her view that the wealthy should be taxed more. A key quest

Shutdown may be over – but economic ripple 2019-02-19 19:24:24Consumers, businesses, and investors loathe uncertainty. That's why the full effects of a government shutdown are hard to measure, and its end isn&rs

As AI advances in multiple industries, workers need 2019-02-19 19:24:24Artificial intelligence could severely disrupt a quarter of US jobs. Economists say the jobs likely to be spared from automation will require advanced

Farmers have a beef with plant- or lab-grown 2019-02-19 19:24:24How we speak can say a lot about how we think ​– and it can influence how we spend. Consider a rancher-led battle over food labe

Employees ‘taken hostage’: the ethics of the US 2019-02-19 19:24:24Compelling people to work without pay is fast becoming more than a legal issue for the federal government. Viewed as a social compact, it raises serio

Sears dodges liquidation, stores to stay open – 2019-02-19 19:24:24The company's chairman and largest shareholder won a bankruptcy auction for the chain, which hasn't seen a profitable year since 2010. If Sears keep

US-China trade: How dose of reality is pushing 2019-02-19 19:24:24During 2018, the outlook seemed to grow steadily worse for relations between the world’s two largest economies. Things are shifting as both side

Recession is a risk in 2019. But maybe 2019-02-19 19:24:24A number of key trends in the economy are positive, from wage growth to low interest rates. Some of the biggest wild cards are trade policy and centra

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Lockheed Martin unveils 'new' F-21, says fighter configured New! 2019-02-20 13:10:00US aerospace giant's jet is a slightly improved F-16 Block 60, an aircraft already in service.

Telecom panel to decide on Rs 3,050 cr New! 2019-02-20 11:40:00The penalty on Airtel and Vodafone works out to about Rs 1,050 crore each, while in case of Idea Cellular it comes to about Rs 950 crore

India has potential to become $1 trillion digital New! 2019-02-20 10:15:00The report said India had 560 million internet subscriptions in 2018, up from 238.71 million in 2013, making it the second-largest internet subscripti

DMK and Congress announce alliance for Lok Sabha New! 2019-02-20 10:09:00The DMK will contest in 20 to 25 seats while the Congress will fight in nine seats

France court orders UBS to pay $5.1 billion New! 2019-02-20 09:21:00Paris court finds UBS guilty of helping wealthy French clients stash funds in undeclared Swiss accounts.

Sitharaman urges defence vendors to invest in India, New! 2019-02-20 08:41:00Govt has signed 150 contracts worth Rs 1,27,500 crore with Indian vendors for military equipment till October 2018, says defence minister at Aero Indi

A320neo India deliveries back on track; fewer problems 2019-02-20 07:36:00Bengaluru (Reuters) - European aircraft maker Airbus deliveries of its A320neo aircraft are back on track in India with fewer problems being seen with

SC orders forced eviction of more than 1 2019-02-20 07:16:00Court gives states till July 27 to evict tribals based on a petition filed by wildlife groups questioning the validity of the Forest Rights Act.

Govt to infuse Rs 48,239 cr in 12 2019-02-20 06:13:00Allahabad Bank will be provided Rs 6,896 crore

Saudi Aramco in talks with Reliance Industries for 2019-02-20 04:11:00Saudi Aramco signed an agreement in April with a consortium of state-owned Indian refiners to participate in a $44 billion refinery project on the cou

Nasscom ends annual forecast; to only give guidance 2019-02-20 04:09:00We are keen on changing the perception that revenue guidance represents, said Rishad Premji, Chairman, Nasscom

10 years of Samsung Galaxy: The journey so 2019-02-20 04:09:00Samsung is set to unveil the Galaxy S10-series, along with a new foldable screen device, on February 21


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