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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

Balance Of Payments & International Investment 2019-08-24 09:50:57Minister for the Cabinet Office Wayne Furbert released the 2019 Q1 Balance of Payments & International Investment Position publication from the De

Shipping Schedule: Week Starting August 24 2019-08-24 07:00:24The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday August 24th. On Sunda

Everest Re Group Announces $1.40 Dividend 2019-08-24 06:00:02Bermuda-based Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.40 per share payable on or before September 18, 2

Bermuda Stock Exchange Report: Aug 23 2019 2019-08-24 05:15:37August 23 saw 700 shares trade on the Bermuda Stock Exchange, valued at $2,275.00 BD. 700 shares were traded by Argus Group Holdings Ltd, closing up 1

Walkers Awards Scholarship To Ashley Fubler 2019-08-23 13:46:18The partners of Walkers announced that for the second year running Ashley Fubler is the recipient of Walkers’ 2019 Legal Scholarship Award and h

Ministry Selling Wheeled Bins To The Public 2019-08-23 12:41:01The Ministry of Public Works has started a “pilot programme involving the sale of household waste and recycling wheeled bins to the public.&rdqu

Bermuda Monetary Authority: 50 Years Later 2019-08-23 09:01:36[Bermuda Monetary Authority series] As the Bermuda Monetary Authority [BMA] celebrates 50 years in 2019, we take a look back at the last five decades.

Ministers On Power Engineering Training Initiative 2019-08-23 08:47:31Minister of Public Works Lt/Col David Burch and Minister of Labour, Community Affairs and Sports Lovitta Foggo held a joint press conference to highli

Stakeholders On Board For Air Service Process 2019-08-23 08:41:57A series of fact-finding meetings held this week for stakeholders – from global industry associations to travel agents and hoteliers – wil

King & Williams-Charles Appointed By ABIR 2019-08-23 08:37:40The Association of Bermuda Insurers and Reinsurers [ABIR] announced the appointment of Bermudian Wendy King as Public Policy & Regulatory Aff

Thomas & Orchard Earn Scholarship, Bursary 2019-08-23 07:00:05Marshall Diel & Myers announced that their Legal Scholarship Award for 2019 is being awarded to Shannon Thomas, who will receive $10,000 to assist

Appleby’s Economic Substance Online Tool 2019-08-23 05:27:22Law firm Appleby launched an online Economic Substance Questionnaire last month, which provides complimentary guidance on the economic substance regul

Reuters: Business News

Stocks and oil fall, yen rallies as Trump 2019-08-23 15:21:31Stocks and oil prices fell sharply on Friday while traditional safe havens rose after U.S. President Donald Trump threatened to further escalate his t

Trump orders U.S. firms out of China after 2019-08-23 15:15:01U.S. President Donald Trump on Friday said he has ordered American companies to exit China after Beijing unveiled retaliatory tariffs on $75 billion i

Oil spills into U.S.-China trade war, prices slump 2019-08-23 15:15:01China on Friday said it would impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4% to two-week lows as the escal

Oil prices slide as U.S.-China trade war escalates 2019-08-23 15:13:56Oil prices fell on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods including crude oil, another escalati

World needs to end risky reliance on U.S. 2019-08-23 15:04:37Bank of England Governor Mark Carney took aim at the U.S. dollar's "destabilizing" role in the world economy on Friday and said central banks might

Powell stops short of committing to rate cuts, 2019-08-23 15:04:37The Federal Reserve will "act as appropriate" to keep the U.S. economy healthy, Fed Chair Jerome Powell said on Friday, remarks that did not say how

Trump administration considers boost to biofuel mandates to 2019-08-23 14:54:53The Trump administration is considering ramping up biofuel blending quotas in the coming years to assuage anger in the Farm Belt over its recent broad

Ghosts of 2002 'corralito' spur Argentines to shun 2019-08-23 14:50:52It happened in 1989. It happened in 2002. Argentines who are old enough to remember do not want to go through it again.

Qualcomm wins a pause in enforcement of FTC 2019-08-23 14:29:19Qualcomm Inc won a partial stay against the enforcement of a sweeping antitrust ruling in a lawsuit brought by the U.S. Federal Trade Commission (FTC)

Trump tweetstorm sinks Wall Street as trade war 2019-08-23 14:28:41Wall Street plunged in a broad sell-off on Friday as China and the United States traded their latest salvos in a prolonged trade war, spooking investo

U.S. trade group says 'unrealistic' for American retailers 2019-08-23 14:08:58The U.S. National Retail Federation (NRF) said on Friday it is "unrealistic" for American retailers to move out of China, the world's second-larges

Trump presses U.S. companies to close China operations 2019-08-23 13:56:29President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close their operations in China and make more of their product

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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FPI surcharge removal, stimulus measures likely to boost New! 2019-08-25 10:04:13Giving in to the demands of overseas investors, Finance Minister Nirmala Sitharaman on Friday announced rollback of enhanced surcharge on foreign port

Trump regrets not hitting China with more tariffs New! 2019-08-25 09:54:06Trump doesn't regret starting a trade war but he does have second thoughts on whether he should have hit the Chinese even harder, clarified White Hou

PV Sindhu creates history, wins badminton world championship New! 2019-08-25 09:13:14Sindhu became the first Indian shuttler to win the World Championships title

Blocking communication helped save lives in Jammu & New! 2019-08-25 08:54:56In a statement, the Jammu and Kashmir administration also said 1,165 out of 1,666 chemist shops in Srinagar remained open on Sunday

UP govt to raise Rs 9,000 crore bank New! 2019-08-25 08:24:55The 296-km Bundelkhand Expressway and the 91-km Gorakhpur Link Expressway are estimated to cost Rs 14,849 crore and Rs 5,876 crore

Former finance minister Arun Jaitely cremated with state New! 2019-08-25 08:04:45The 66-year-old BJP stalwart passed away at the AIIMS here on Saturday

CVC sets up advisory board to examine banking New! 2019-08-25 07:08:49The panel in its previous avatar called the Advisory Board on Bank, Commercial and Financial Frauds

Mann Ki Baat: PM calls for movement against New! 2019-08-25 03:56:32The call for a mass movement came days after Modi's Independence Day's address in which he had urged people to shun 'single-use' plastic to protec

CG Power investors, lenders seek tycoon Gautam Thapar's New! 2019-08-25 02:56:15Thapar has 8,574 shares out of 62.6 crore shares of the company

Why India's labourers can't afford to buy a New! 2019-08-25 02:30:53Trouble is, the distribution of the Indian economic pie is more lopsided than the aggregate numbers suggest

Landline telephone services restored in most places in New! 2019-08-25 02:19:38However, the services continued to remain snapped in the commercial hub of Lal Chowk and Press Enclave

Assets under gold ETFs jump to Rs 5,000 New! 2019-08-25 02:15:27Data from Morningstar showed that assets under management of gold Exchange Traded Funds have been rising since April this year

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