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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

Stocks and oil fall, yen rallies as Trump New! 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 New! 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 New! 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 New! 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. New! 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, New! 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 New! 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 New! 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 New! 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 New! 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 New! 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 New! 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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Wall Street tumbles as Donald Trump escalates trade New! 2019-08-23 14:01:04Jerome Powell says will 'act as appropriate' to support growth as indexes fall.

Mistry plans to sell road, solar power plant New! 2019-08-23 13:59:59Tycoon Mistry Plans Asset Sales to Cut $558 Million Debt

Trump asks US companies to dump China after New! 2019-08-23 13:56:11The US dollar rose sharply against the Chinese yuan and US stock markets fell on Trump's latest salvo against China

IndiGo's Rakesh Gangwal says he will support resolution New! 2019-08-23 13:04:54Rakesh Gangwal had alleged violation of corporate governance rules at IndiGo's parent company Interglobe Aviation.

Will 'act as appropriate': US Fed chief gives New! 2019-08-23 12:25:50The chair, under pressure from President Donald Trump to cut rates soon and deeply, listed a series of economic and geopolitical risks that the Fed is

China escalates trade war, hikes tariffs on $75 New! 2019-08-23 11:30:58The tariffs of 10 per cent and 5 per cent take effect on two batches of goods on September 1 and December 15, the official Xinhua News Agency said

Analysts expect FPI selling to reverse; see a New! 2019-08-23 11:10:51In a post-market hours press briefing today evening, Finance Minister Nirmala Sitharaman withdrew the enhanced surcharge on long and short-term capita

Govt's reform push: FPI surcharge rolled back, banks New! 2019-08-23 10:21:49Finance Minister Nirmala Sitharaman's measures come after the government was criticised for failing to stem a rout in local equity markets and a slow

Home, vehicle loans and consumption goods to get New! 2019-08-23 10:01:24Addressing the media here, Finance Minister Nirmala Sitharaman also said that banks will pass on RBI rate cut benefits to borrowers through MCLR reduc

Violations in INX Media deal not brought to New! 2019-08-23 09:03:39The deal is being probed by the ED and the CBI on charges of alleged money laundering and corruption respectively

1.2 million new jobs created in June, fewer New! 2019-08-23 07:49:24Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, a report released by National Statistical Office (NSO) stated

Maruti recalls 40,618 units of WagonR to rectify New! 2019-08-23 07:13:48The company is proactively and voluntarily undertaking a recall campaign for certain WagonR (1 litre) vehicles manufactured between November 15 2018 a

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