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Indonesia to increase imports from India amid Delhi-Malaysia spat: Report

The trade ministers of India and Indonesia, which want to more than double their bilateral trade to $50 billion by 2025, met in Davos on Thursday and Read More



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Butterfield shares edge lower New! 2020-02-18 19:35:00Shares of Butterfield Bank fell 60 cents, or 1.8 per cent, to $33.40 after 12,399 traded on The Royal Gazette/BSX Index.In New York, the bank's share

Business hails island's return to white list New! 2020-02-18 14:06:00Business leaders have hailed Bermuda's return to the European Union 'white list' of fully co-operative tax jurisdictions.The decision was made by E

HSBC plans to cut 15% of global workforce New! 2020-02-18 11:29:00HSBC Holdings plans to shed about 35,000 jobs - 15 per cent of its global workforce - over the next three years, the global bank said today.Any potent

Bermuda removed from EU tax grey list 2020-02-18 09:06:00Bermuda has been removed from the European Union's "grey list" on tax matters and added to the "white list" of cooperative jurisdictions. EU fina

Roban envisions thousands of energy producers 2020-02-18 07:00:00Energy independence is possible in Bermuda if the island moves away from its reliance on a single energy provider, a government minister said.Walter R

Act boosts hopes for subsea cable industry 2020-02-18 07:00:00Bermuda has put itself into the frame to be the first landing hub for submarine communication cables in the Atlantic.New cable systems are being plann

Insurers deny Premier's Patients 1st claim 2020-02-18 07:00:00Three health insurers have confirmed that they had no involvement with Patients 1st movement. They were responding to claims by David Burt, the Premie

Collieson joins Carey Olsen Bermuda 2020-02-18 07:00:00Adam Collieson has been appointed lead property lawyer in the Bermuda office of international law firm Carey Olsen.The firm said Mr Collieson's core

Chambers recognises Cox Hallett Wilkinson 2020-02-18 07:00:00Cox Hallett Wilkinson Ltd have been ranked in the 2020 edition of Chambers Global, a leading reference guide for law firms and lawyers, in both disput

BSX closes unchanged 2020-02-17 16:38:00There were no trades on The Royal Gazette/BSX Index, which was unchanged at 2,243.44. The BSX Insurance Index was down 4.33, or 0.23 per cent, at 1,86

Dickinson to discuss budget at Chamber event 2020-02-17 12:07:00Curtis Dickinson will discuss his second budget before a business audience next week.The finance minister, who is scheduled to present the 2020-21 Bud

TLF invites summer internship applicants 2020-02-17 11:43:00The Technology Leadership Forum is inviting applications for its 12-week summer internship programme. The organisation said that motivated university

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Chamber To Host Budget Breakfast On Feb 24 2020-02-17 15:18:50The Bermuda Chamber of Commerce is getting set to host its annual Budget Breakfast on Monday, February 24 at The Hamilton Princess and Beach Club. The

Lili Bermuda At Windsor Charity Polo Cup 2020-02-17 11:55:33On Saturday [Feb 15], Lili Bermuda was showcased at the Windsor Charity Polo Cup in Vero Beach, Florida. A spokesperson said, “On Saturday, Febr

Hamilton Princess Donates To Sydney Wildlife 2020-02-17 11:16:49The team at Marcus’ restaurant, the flagship restaurant of Hamilton Princess & Beach Club donated $4,386 to Sydney Wildlife, an Australian c

Property Specialist Joins Carey Olsen Bermuda 2020-02-17 06:36:33Carey Olsen Bermuda has appointed Adam Collieson as its lead property lawyer. Mr. Collieson’s core practice is focused on commercial and residen

Arch Intends To Obtain Majority Stake In PMAP 2020-02-16 06:00:46Arch Reinsurance has entered into an agreement in principle to obtain a majority stake in Precision Marketing Asia Pacific [PMAP]. The company sa

FryDays To Open Gaming Lounge On Sunday 2020-02-15 21:33:47FryDays will be holding the grand opening of their new gaming lounge tomorrow [Feb 16] from 11.00am to 5.00pm. A spokesperson said, “Are you cel

BDA Releases 2019 End Of Year Review 2020-02-15 11:00:27Bermuda Business Development Agency [BDA] has released its End of Year Review 2019, highlighting that “new incorporations came from a number of

BMRA Spark Bake Sale At The Shopping Center 2020-02-15 09:23:07Young racers from the Bermuda Motorcycle Racing Association are holding a bake sale today [Feb 15] from 8am to 4pm at The Shopping Center on Victoria

Shipping Schedule: Week Starting February 15 2020-02-15 07:00:27The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday February 15th. On Sat

Arch Capital Reports 2019 Fourth Quarter Results 2020-02-15 06:00:56Bermuda-based Arch Capital Group Ltd. announced its 2019 fourth quarter results. The results included: Net income available to Arch common shareholder

Essent Reports Fourth Quarter 2019 Results 2020-02-15 06:00:06Essent Group Ltd. reported net income for the quarter ended December 31, 2019 of $147.0 million or $1.49 per diluted share, compared to $128.5 million

Bermuda Stock Exchange Report: Feb 14 2020 2020-02-15 05:15:19February 14 saw 2,300 shares trade on the Bermuda Stock Exchange, valued at $47,300.00 BD. 2,000 shares were traded by BF&M Ltd, closing down 0.1%

Reuters: Business News

Coronavirus threatens Apple supply chain, sales; shares drop 2020-02-18 08:57:47Shares of Apple Inc fell 2 % on Tuesday and dragged the stocks of its suppliers across the globe lower, after the iPhone maker warned of lower sales i

Apple virus warning shakes stocks, euro near three-year 2020-02-18 08:53:16World stocks markets were knocked off record highs on Tuesday as two of the world’s mega companies and Europe's largest economy, Germany, repor

Coronavirus dents bookings for Holiday Inn owner IHG 2020-02-18 08:40:32InterContinental Hotels (IHG) warned on Tuesday that fewer travellers are booking its rooms in China because of the coronavirus outbreak.

Exclusive: JPMorgan shakes up investment bank in leadership 2020-02-18 08:37:16JPMorgan is reshuffling senior management at the top of its investment bank, naming two new global co-heads and shifting some of its most senior deal

Factbox: JPMorgan names new global leaders at investment 2020-02-18 08:33:34JPMorgan has shifted some of its top dealmakers to a newly-created executive committee of global chairs of investment banking to deepen ties with maj

Breen to return as DuPont CEO 2020-02-18 08:25:01DuPont has brought back management veteran Edward Breen as its chief executive officer, in a move that the industrial materials maker is hoping will

Exclusive: Samsung wins 5-nanometer modem chip contract from 2020-02-18 08:23:43Samsung Electronics Co Ltd's semiconductor manufacturing division has won a contract to make new Qualcomm Inc 5G chips using its most advanced chip

Exclusive: Tesla in talks to use CATL's cobalt-free 2020-02-18 08:23:08Tesla is in advanced stages of talks to use batteries from CATL that contain no cobalt - one of the most expensive metals in electric vehicle (EV) b

20 years after dot-com peak, tech dominance keeps 2020-02-18 08:21:04As Wall Street approaches the 20th anniversary of the piercing of the dot-com bubble, today's decade-old rally led by a few small players shows some

Apple's surprise sales warning pressures futures 2020-02-18 08:00:23U.S. stock index futures dropped on Tuesday as investors returned from a long weekend to a sales warning from Apple Inc that highlighted the impact of

Amazon's Bezos pledges $10 billion to climate change 2020-02-18 07:51:29Amazon Chief Executive Officer Jeff Bezos will commit $10 billion to fund scientists, activists, nonprofits and other groups fighting to protect the

Walmart sees slowing online sales growth after lackluster 2020-02-18 07:43:43Walmart Inc forecast slowing online growth for the year on Tuesday after reporting weak results for the holiday quarter that suggested it was leaking

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Is Walmart losing its business to Amazon? Fourth 2020-02-18 09:12:45The company's total revenue rose 2.1 per cent to $141.67 billion, missing the estimate of $142.49 billion

Centre to spend Rs 85 crore for Donald 2020-02-18 08:30:40If his Indian hosts can help it, Trump probably won't see a slum as they've ordered for a 400-metre wall to be built along his route to block the vi

Coronavirus: FM takes stock of trade issues, sees 2020-02-18 07:43:24The development comes in the wake of issues surrounding imports from and exports to China even as the Coronavirus outbreak grips that country

Sugar exports picking up even as delays in 2020-02-18 06:32:45Newer opportunities such as exporting to Indonesia are being thrown up but early closure of mills could be an issue

No reason to doubt govt will meet fiscal 2020-02-18 06:18:47In an interview with PTI, Das said the government has remained within the limits set by the Fiscal Responsibility and Budget Management (FRBM) Committ

India Inc seeks cut in import duties to 2020-02-18 05:59:18The coronavirus outbreak in China has disrupted supplies of raw material to other countries

Baat Bihar Ki: Prashant Kishor hits out at 2020-02-18 05:53:38Kishor also rubbished the contention that a tie-up with the BJP was in the interest of Bihar, a claim Kumar has been making to defend his realignment

What can India expect from Satya Nadella's visit 2020-02-18 05:36:02Microsoft launched its India operations in 1990 and for the past 30 years the company has played a major role in digital transformation of the country

INX Media case: Delhi court asks CBI to 2020-02-18 05:25:51The Chidambarams were present in the court

MARKET WRAP: Indices off day's low, Sensex ends 2020-02-18 05:20:21All that happened in markets today

Coronavirus in China will cut iPhone production, Apple 2020-02-18 04:51:57Apple says demand for iPhones is also down in China because many of Apple's 42 retail stores there are closed or operating with reduced hours

Quikr no longer a unicorn, Swedish investor pares 2020-02-18 04:29:37Scandinavian firm refers to exaggerated revenue resulting from fraudulent transactions that rocked the company


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