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Premier: technology needed for future growth

The man who leads global fintech company Circle says Bermuda is way ahead of other places in the world when it comes to understanding digital assets.JRead More

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Substance: Cox makes captive assurances New! 2019-11-14 07:00:00Bermuda will not become a more expensive domicile for captive insurers as a result of economic substance rules, the island's leading financial-servic

US Ambassador to UK to speak on BDA New! 2019-11-14 07:00:00The United States Ambassador to the United Kingdom, Robert Wood Johnson, will speak on a panel at the Bermuda Business Development Agency's Executive

Trying to stand out in island's yoga scene New! 2019-11-14 07:00:00Sally Ker admits to being a little strict, as yoga teachers go. If she needs a piece of equipment while teaching, her students better make it snappy w

Island could lead world in life reinsurance New! 2019-11-14 07:00:00Bermuda could become the world's leading global centre for life reinsurance, an industry leader told attendees at the PwC Insurance Summit.Frank (Chi

HSBC beefs up credit card security New! 2019-11-14 07:00:00HSBC has announced the introduction of an additional layer of security for its credit card holders.Customers who sign up for the "Credit Card Alert"

Mailboxes launches new website New! 2019-11-14 07:00:00Mailboxes has announced the launch of a new website as part of its continuing modernisation drive.Kenny Thomson, president of Mailboxes, said the laun

Fuelled Bermuda stages calendar launch New! 2019-11-14 07:00:00Health and wellness company Fuelled Bermuda Ltd is to hold a launch party on Saturday for the organisation's "Fit and Fuelled" 2020 calendar featur

Electricity sales fall hits Ascendant profit New! 2019-11-13 23:01:00Declining electricity sales and the impact of Hurricane Humberto caused Ascendant Group Ltd's earnings to fall in the third quarter.The parent compan

One shares surge 26.7% on BSX New! 2019-11-13 16:54:00Shares of One Communications Ltd spiked 26.7 per cent in Bermuda Stock Exchange trading.The telecommunications group surged 80 cents on the trading of

Inflation rate rises to 1.5% 2019-11-13 13:08:00The rate of inflation climbed to 1.5 per cent in August. That is 0.3 percentage points higher than in July.The all-items index was 106.5 in August, wh

Risk event to get going with cyber simulation 2019-11-13 07:00:00An immersive cybersecurity experience from IBM's X-Force Command team, featuring a simulated and gamified environment, will set in motion the second

Climate change is real, expert warns 2019-11-13 07:00:00Climate warming is changing the weather like steroids change a baseball player, a leading expert told a conference of insurance executives.Roger Greni

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Fit & Fuelled 2020 Calendar & Launch Party New! 2019-11-14 08:25:48Teresa Perozzi and Agathe Holowatinc have announced their company’s upcoming Fuelled Weekend, which includes the official launch party of their

RenaissanceRe Declare $0.34 Quarterly Dividend New! 2019-11-14 06:12:15The Board of Directors of Bermuda-based RenaissanceRe Holdings Ltd. announced today a quarterly dividend of $0.34 per common share on its co

Legal 500: Strong Endorsements For Carey Olsen New! 2019-11-14 05:53:38The Legal 500 Caribbean had high praises for Carey Olsen Bermuda, saying that “Carey Olsen Bermuda has taken the market somewhat by surprise, wi

Maiden Holdings Announce Q3 Financial Results New! 2019-11-14 05:44:43Maiden Holdings reported a third quarter of 2019 net loss attributable to Maiden common shareholders of $58.3 million or $0.70 per diluted common shar

Bermuda Stock Exchange Report: Nov 13 2019 New! 2019-11-14 05:15:56November 13 saw 7,000 shares trade on the Bermuda Stock Exchange, valued at $59,000.00 BD. 2,000 shares were traded by BF&M Ltd, closing at an eve

Premier To Attend Executive Forum In London New! 2019-11-13 20:54:20Premier David Burt is set to attend the Executive Forum in London this month together with the United States Ambassador to the United Kingdom [UK], Ro

EY Staff Gain Anti-Money Laundering Certification New! 2019-11-13 20:47:55Recently, over 30 EY professionals from the EY Region of the Bahamas, Bermuda, British Virgin Islands and Cayman Islands received the prestigious Cert

Fourteen Government Employees Honored 2019-11-13 13:30:24Fourteen public officers were recognised for “their efforts and impact in increasing the overall core values of Government at the Heroes Without

Mailboxes Launches New Upgraded Website 2019-11-13 13:08:46Mailboxes today announced more developments in its modernisation drive, launching a brand new website Mailboxes.bm. President Kenny Thomson wants to p

Ascendant Group Announces 3rd Quarter Results 2019-11-13 12:57:34Ascendant Group – the parent company of BELCO – today [Nov 13] announced results for the third quarter of 2019, stating that &ld

Industry Leaders Attend PwC Insurance Summit 2019-11-13 12:38:12With assets of $500 billion, life reinsurance is now the largest insurance sector by assets in Bermuda and could see even greater growth in the coming

Consumer Price Index: Inflation Increased 0.3% 2019-11-13 12:28:18Consumers paid 1.5% more in August 2019 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI] and t

Reuters: Business News

IBM to launch faster weather forecast system to New! 2019-11-14 09:06:02Technology company IBM said on Thursday it will launch a new weather forecasting system which will be able to predict conditions up to 12 hours in adv

Amazon trims German delivery charges for groceries New! 2019-11-14 09:04:31Amazon.com is lowering the fee it charges customers in Germany for delivering fresh groceries and allowing its Prime subscribers to pay per order ins

New Roma model joins Ferrari's 'prancing horse' stable New! 2019-11-14 09:01:51Ferrari on Thursday rolled out the Roma, a record fifth new model announced this year, as the Italian luxury carmaker with the famous "prancing hors

How SoftBank is putting its stamp on LatAm's New! 2019-11-14 08:55:53SoftBank, whose $5 billion Latin America fund has showered regional startups with cash, is also courting local venture capital funds, an unusual move

Britain's Asda blames Brexit uncertainty for lower sales New! 2019-11-14 08:49:57Asda, the British supermarket arm of U.S. retail giant Walmart , reported lower sales in its latest quarter, saying uncertainty surrounding Britain's

Burberry aims to woo more customers in China New! 2019-11-14 08:37:35British luxury brand Burberry on Thursday said it has joined forces with China's Tencent for a new digital marketing and sales push to tap the nati

Oil rises on U.S. crude stocks fall, OPEC New! 2019-11-14 08:28:02Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from OPEC about lower-than-expected U.S. sha

Walmart raises earnings forecast, expects strong holiday sales New! 2019-11-14 08:19:47Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday as people spent more at its stores and website and the reta

Futures slip as weak Chinese data sparks growth New! 2019-11-14 08:00:17U.S. stock index futures slipped slightly on Thursday, a day after the S&P 500 and the Dow closed at record highs, as weak Chinese economic data a

Ford to use Mustang name for electric SUV New! 2019-11-14 07:31:52Ford Motor Co will use the Mustang name, previously reserved for a muscle car, for an electric sport utility vehicle (SUV) that customers in the Unit

World stocks sink as China slowdown deepens, German New! 2019-11-14 07:30:47World stocks nudged down on Thursday as Chinese economic data slowed in October and Germany only narrowly avoided a recession in the third quarter, ad

Alibaba's Hong Kong listing offers valuable Beijing goodwill New! 2019-11-14 06:47:17Alibaba's Hong Kong listing will not only land it $13.4 billion, it will also garner goodwill from Beijing to help the Chinese e-commerce giant weath

Business - The Huffington

United Auto Workers Member Struck By Car And 2019-10-22 16:33:43"Roy A. McCombs tragically lost his life today on a picket line standing up for a better life for himself and his coworkers," the union said.

Ernst & Young Admits Women’s Training Included ‘Offensive 2019-10-22 10:12:16After HuffPost reported on a sexist seminar, EY said it would no longer offer the program.

How New York Could Make Better Jobs In 2019-10-21 16:40:44A new campaign wants city transit authorities to enforce stronger agreements for workers as they contract with a manufacturer in the South.

Cannabis Banking Challenges Go Beyond Pot 2019-10-21 13:40:46By Sophie Quinton & April Simpson FRANKLIN, Tenn. — Kat Merryfield was ready to share her farm-to-home oils, chocolates and

Women At Ernst & Young Instructed On How 2019-10-21 07:00:06At the height of the Me Too movement, the message of the training seminar was "fix the women."

Mark Hurd, Co-CEO Of Oracle, Dead At 62 2019-10-18 16:30:42The tech executive also led Hewlett-Packard during his storied career. Oracle announced he was on medical leave last month.

Inside TurboTax’s 20-Year Fight to Stop Americans From 2019-10-17 11:52:44Using lobbying, the revolving door and “dark pattern” customer tricks, Intuit fended off the government’s attempts to make tax filing free and e

GM And United Auto Workers Reach Tentative Deal 2019-10-16 12:00:54A union council still needs to approve it in order to bring a painful work stoppage to a close.

3 Win Nobel Economics Prize For 2019 2019-10-14 05:53:34Abhijit Banerjee, Esther Duflo and Michael Kremer won the Sveriges Riksbank Prize in Economic Sciences on Monday.

Christian Science Monitor |

Beyond vegans: Plant-based ‘meat’ goes mainstream from KFC 2019-11-07 13:48:00Dunkin’ takes its Beyond Sausage Sandwich national this week, and other chains are also seeing surprising mainstream appeal for plant-based &lsq

Surveying hope: Can US instill optimism in regions 2019-11-05 16:59:00Pessimism about the future is a defining feature for regions of “despair,” but minority populations in those areas have a higher sense of

Airbnb will provide host records to Hawaii for 2019-11-05 11:06:06The vacation destination is struggling to collect taxes from short-term rental operators and many hosts run their business without a permit.

Boeing has apologized. Now comes test of honing 2019-10-30 17:14:00As Boeing CEO Dennis Muilenburg testifies before Congress this week, some say the company’s culture allowed safety lapses to occur.

500 hours of training to braid hair? Louisiana 2019-10-30 14:48:42A Louisiana case is one of many efforts underway to streamline occupational licensing rules so consumer protection doesn’t stifle work opportuni

American values or Chinese profits? US companies face 2019-10-25 16:19:20Vice President Mike Pence says the NBA acts like a “subsidiary of the authoritarian regime,” in the latest sign of free-speech concerns wi

Rising demand for online delivery boosts 'virtual restaurants' 2019-10-21 11:44:55To satisfy an increasing appetite for online food orders, virtual restaurants, which only cook for takeout or delivery, are taking off nationwide.

Too much milk: Two nations’ travails with dairy 2019-10-16 11:09:00The U.S. has embraced exports. Canada keeps them out to manage its milk supply. Global markets pose a challenge to both.

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Not amending Army Act; no deal with India New! 2019-11-14 09:11:55Kulbhushan's case is being tried in military courts and the Army Act forbids such individuals or groups from filing an appeal or seeking justice from

Sebi allows exchanges to modify commodity derivatives contracts New! 2019-11-14 08:38:03Sebi has classified non-material modifications as symbol, description, tick size, strikes, margins etc

CBI said to be filing fresh charges in New! 2019-11-14 07:41:12Police filed their first charges in May last year and at the time detailed only some of the alleged fraudulent transactions to Modi and his associates

AGR provisioning: Bharti Airtel posts a loss of New! 2019-11-14 07:32:04The consolidated revenue of Bharti Airtel was up by 4.7 per cent at Rs 21,199 crore in the just-concluded quarter

RFL case: ED arrests ex-Fortis Healthcare promoter Malvinder New! 2019-11-14 07:20:08ED took the accused in its custody inside the Tihar central jail here

India resumes Malaysian palm oil imports as Kuala New! 2019-11-14 07:10:16Malaysian palm oil is available at a $5 discount amid congestion at Indonesian ports

To meet fiscal deficit target, govt may pare New! 2019-11-14 06:25:50The government can sell as much as 26.4% its holding in Indian Oil -- valued at about Rs 330 billion -- and still retain indirect control

Hong Kong protests not all that dazzling for New! 2019-11-14 06:06:02India's gem & jewellery industry exports a third of its diamonds to Hong Kong

MARKET WRAP: Sensex gains 170 pts as financials New! 2019-11-14 05:40:06All that happened in markets today.

Motorola Razr, whose flip design was a big New! 2019-11-14 05:31:47According to Motorola, the Razr is a pocket-ready size of a flip-phone that fits comfortably on your palm in both folded and unfolded states

Type 2 diabetes on rise in children and New! 2019-11-14 05:23:52The alarming rise of children being diagnosed with type 2 diabetes in India has triggered critical warnings among families and health organisations

Dixon Technologies surges 12% as Q2 profit more New! 2019-11-14 04:13:24The company's revenue during the quarter jumped 90 per cent to Rs 1,405 crore from Rs 741 crore in the corresponding quarter of previous fiscal.

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