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Substance: Cox makes captive assurances 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 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 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 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 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 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 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 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 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

Bernews.com » Business

Legal 500 Recognises Appleby Lawyers New! 2019-11-16 09:00:44Legal 500, one of the leading international legal directories, published their Caribbean results earlier this week. The rankings are based on feedback

Shipping Schedule: Week Starting November 16 2019-11-16 07:00:34The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday November 16th. On Sun

Estera Wins ‘Best Employer Career Progression’ 2019-11-16 06:00:14Estera won the ‘Best Employer – Career Progression’ at the Citywealth’s Future Leaders Awards, with the award recognising

Bermuda Stock Exchange Report: Nov 15 2019 2019-11-16 05:15:07November 15 saw 15,478 shares trade on the Bermuda Stock Exchange, valued at $473,103.00 BD. 3,332 shares were traded by Bank of N.T. Butterfield Ltd,

MJM Internationally Recognised By Legal 500 2019-11-15 17:25:50MJM Limited announced that international law firm rating agency, The Legal 500 has once again recognized MJM in the Corporate and Commercial, Dis

Wojciechowski: Connection Between ILS & ESG 2019-11-15 17:24:07Greg Wojciechowski, President and CEO of the Bermuda Stock Exchange [BSX], recently joined a panel to discuss the connection between insurance-linked

KFC Donates Over $5,000 To Knowledge Quest 2019-11-15 16:21:06Following a very successful 5th consecutive ‘Halloween Treat Voucher’ Campaign, KFC announced that they raised $5,058 in support of K

Bacardi Limited Acquires Stillhouse LLC 2019-11-15 15:06:56Bermuda-headquartered Bacardi Limited, the largest privately-held spirits company in the world, today [Nov 15] announced that it has acquired sub

Matthew Shaw To Join Tokio Marine Kiln 2019-11-15 05:41:04Tokio Marine Kiln [TMK] announces the appointment of Matthew Shaw as chief underwriting officer. Mr Shaw will join in the first half of next year, hav

Bermuda Stock Exchange Report: Nov 14 2019 2019-11-15 05:15:53November 14 saw 20,700 shares trade on the Bermuda Stock Exchange, valued at $411,720.00 BD. 15,600 shares were traded by BF&M Ltd, closing up 5.0

Employment Leave Act Takes Effect On Jan 1st 2019-11-14 15:07:50The Government is reminding the community and “particularly local businesses” that the Employment Amendment Act takes effect on January 1,

Clarien Help Local Charity With Clean-Up Efforts 2019-11-14 14:56:58More than 20 Clarien Bank employees volunteered their time to doing light landscaping work at WindReach Bermuda, to help with necessary cleanup effort

Reuters: Business News

Bristol-Myers Squibb wins antitrust approval to buy Celgene, 2019-11-15 18:02:07Bristol-Myers Squibb Co and Celgene Corp have won U.S. antitrust approval for their merger on condition that they sell Celgene's psoriasis drug Ote

U.S. restaurants remove dining rooms to speed off-site 2019-11-15 17:32:08Restaurants are doing away with dining rooms as consumers increasingly order food deliveries through apps such as Uber Technologies Inc's Uber Eats a

Twitter tightens bans on political ads and causes 2019-11-15 17:24:23Twitter Inc on Friday said its political advertising ban will include references to political candidates or legislation, and it will not allow ads th

Trade deal hopes, surging health stocks power Wall 2019-11-15 16:27:57Wall Street's main stock indexes closed at record levels on Friday, fueled by fresh optimism over a potential calming of U.S.-China trade tensions an

Wall Street Weekahead: Sagging consumer discretionary shares look 2019-11-15 16:27:02The strength of the U.S. consumer has been often cited as a pillar of the economy and one of the reasons the S&P 500 has recently scaled new heigh

Stocks rally, oil gains on revived U.S.-China trade 2019-11-15 16:24:54Crude prices rose and global equities markets rallied on Friday, with the major U.S. indexes setting record highs, on renewed optimism the United Stat

Oklahoma judge reduces Johnson & Johnson opioid payout 2019-11-15 16:17:03An Oklahoma judge on Friday said Johnson & Johnson must pay that state $465 million for fueling the opioid epidemic through the deceptive marketi

FAA administrator tells team to 'take whatever time 2019-11-15 16:03:25U.S. Federal Aviation Administrator Steve Dickson told his team to "take whatever time is needed" in their review of Boeing Co's 737 MAX, reiterat

Trump, Apple CEO Tim Cook set to tour 2019-11-15 15:44:12U.S. President Donald Trump and Apple CEO Tim Cook are set to visit facilities in Texas on Wednesday where Apple's high-end computers are assembled,

Fed says U.S. financial system resilient; flags low 2019-11-15 15:35:32The U.S. Federal Reserve on Friday flagged high levels of corporate debt, the impact of an extended period of low global interest rates, and emerging

Exclusive: U.S. regulator rethinking changes to whistleblower program 2019-11-15 15:30:20The U.S. securities regulator is rethinking a proposal that could weaken a landmark whistleblower program after a pushback from whistleblower lawyers

WeWork faces U.S. SEC inquiry over possible rule 2019-11-15 15:23:50WeWork is facing scrutiny from the U.S. Securities and Exchange Commission over whether it violated financial rules in the run-up to its abandoned ini

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.

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US-China deal could be signed by ministers, not 2019-11-15 23:31:54US official says no precise date has been set for a trade agreement with China.

Twitter exempts some 'cause-based' messages from political ad 2019-11-15 23:03:48Twitter unveils details of its move to bar all paid political messages, starting November 22.

Sri Lanka's family of strongmen seek comeback as 2019-11-15 22:43:00Gotabhaya Rajapaksa, a a former defence secretary, is running as the candidate for the nationalist Sri Lanka Podujana Peramuna party. He has made nati

Best of BS Opinion: India's policy, politics, air 2019-11-15 21:33:24Since the growth has slowed, it is likely that Indian consumers, especially in rural areas, may have had no choice but to cut consumption further

India's demand funk: It has people but where 2019-11-15 21:30:25Consumer spending fell in real terms in 2017-18, its first decline in four decades, Business Standard reported Friday.

Andhra discards BPL norms, allows universal health for 2019-11-15 16:42:47With this, more than 90% of households in the state are now covered under the scheme

Easing of IBC deadline to serve interests of 2019-11-15 16:40:43The Supreme Court has relaxed the 330-day timeline for resolving stressed assets

Blackstone invests Rs 1,750 cr in Kishore Biyani's 2019-11-15 16:30:24With this transaction, Blackstone will be the only financial partner in Ryka

RCom loss zooms to Rs 30,147 crore in 2019-11-15 16:25:03The company had reported Rs 338 crore in losses for the June quarter (Q1), and a profit of Rs 1,295 crore in Q2 last year

AGR impact: Banks nervous as losses mount for 2019-11-15 16:20:22Bankers said that at present, both operators are current in their repayments. However, the concern is over the future debt repayment capacity

Delay in bringing zero call-connect charges to hurt 2019-11-15 16:12:20Traffic symmetry indicates that a telecom operator will not have any outstanding balance of interconnect usage charges (IUC) against other networks

Govt scraps NSO's consumer expenditure survey over 'data 2019-11-15 15:53:01The findings of the report, published by Business Standard on Friday, showed consumer spending falling for the first time in over four decades in 2017

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