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Butterfield shares hold steady in New York 2019-11-12 16:48:00The Royal Gazette/BSX Index remained unchanged on 2,244.32 after a day when no shares traded on the Bermuda Stock Exchange.The US-listed shares of But

Guy Carpenter hires two executives from Aon 2019-11-12 12:03:00Global risk and reinsurance specialists Guy Carpenter have appointed Robert Johnston as chairman of their Bermuda operations, and Peter Komposch as he

Speakers boost entrepreneurship summit 2019-11-12 07:00:00The roster of speakers at the first Bermuda Entrepreneurship Summit has been boosted with the addition of Sean Reel, executive director of Ignite Berm

Allan Gray (1938-2019) 2019-11-12 07:00:00Philanthropist and immensely successful businessman and investor Allan Gray has died in Bermuda at 81.Described as "an unassuming man and full of cla

Burger Shack to open in Hamilton 2019-11-12 07:00:00A new fast food eatery is to open this week on Bermudiana Road.Burger Shack will offer flame-broiled burgers, chicken burgers, veggie burgers and salm

Covered veranda on the way for hotel 2019-11-11 13:08:00A covered veranda that will offer shade and shelter for diners who want to sit outside to enjoy their meal or snack, is to be built outside the Crown

Resist the urge to buy things you don't 2019-11-09 07:00:00Dear Dave,I've gotten out of debt before following your plan, but I always seem to fall right back in. I find myself spending more than I mean to whe

Butterfield shares surge 9.6% higher 2019-11-01 18:16:00Shares of Butterfield Bank spiked 9.6 per cent on the Bermuda Stock Exchange.The bank gained $2.90 to close on $33 as 778 shares changed hands.Butterf

AIG shares climb after swing to profit 2019-11-01 17:35:00American International Group's shares gained 1.5 per cent today after the insurer reported net income of $648 million for the third quarter.The resul

Rating agency to host ESG breakfast 2019-11-01 14:37:00Kroll Bond Rating Agency will host an Environmental, Social and Governance Breakfast on November 8 at the Hamilton Princess & Beach Club.Pat Welch

Markel posts $193.4m profit 2019-11-01 08:00:00Markel Corp reported third-quarter earnings of $193.4 million as underwriting performance improved.The Glen Allen, Virginia-based company with re/insu

Joint venture to run new airport restaurants 2019-11-01 08:00:00Bermudian hospitality businesspeople Dennie O'Connor and Jennifer Turini Ysseldyke are on a roll.Yesterday, the joint venture in which they are partn

Bernews.com » Business

HSBC’s Credit Card Alerts Offer Fraud Protection New! 2019-11-13 08:12:14HSBC is introducing credit card alerts to assist in protecting customers against fraud. A spokesperson said, “With over $5 billion in card relat

Bermuda Stock Exchange Report: Nov 12 2019 New! 2019-11-13 05:15:50November 12 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,244.32, even on the day. There were 0 advances, 0 declines, and 56

Investor & Philanthropist Allan Gray Dies At 81 2019-11-12 15:00:23South African-born billionaire businessman and philanthropist Allan Gray, long known for his corporate and personal generosity to Bermuda charities an

Bermuda Celebrating Its First ‘Purple Tuesday’ 2019-11-12 10:10:23Increased special-needs parking and mauve-hued menu items are among the special offers today [Nov 12] as Bermuda embraces its first Purple Tuesday, a

Column: Financial Planning For The Unexpected 2019-11-12 07:00:26[Written by Carla Seely] Crisis management: Planning your finances before the unpredictable happens. Ever been in a situation where you think you

Guy Carpenter Announces Senior Appointments 2019-11-12 06:41:43Guy Carpenter & Company announced senior appointments as “part of the company’s continuing investment in its Bermuda operations.&rdquo

New Veranda Planned At Hamilton Princess 2019-11-11 12:42:23Hamilton Princess & Beach Club’s lobby restaurant, Crown & Anchor, will be undergoing a transformation of its outdoor space over the nex

Essent Reports Third Quarter 2019 Results 2019-11-11 06:00:31Essent Group Ltd. reported net income for the quarter ended September 30, 2019 of $144.6 million or $1.47 per diluted share, compared to $116.0 millio

Photos: Xtreme Sports Open Fun Zone Facility 2019-11-09 22:03:56Xtreme Sports Bermuda, hosts of the annual Xtreme Sports Corporate Games and Life Size Inflatable Sports rentals, have launched their permanent locati

The Athletic Club To Close On November 30th 2019-11-09 08:11:14The Athletic Club will close their physical facility at the Cedar Parkade Building on Washington Street in Hamilton as of November 30th, 2019. The Ath

Petition To ‘Save Gombeys Bar Clearwater Beach’ 2019-11-09 07:56:12[Written by Don Burgess] An online petition to save ‘Gombeys Bar at Clearwater Beach’ has garnered more than 1,400 signatures. Owner Marlo

Shipping Schedule: Week Starting November 9 2019-11-09 07:00:04The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday November 9th. On Satu

Reuters: Business News

WeWork third-quarter losses widen to $1.25 billion as New! 2019-11-13 18:12:19The We Company, owner of WeWork, said on Wednesday net losses in the third quarter widened to $1.25 billion from $497 million a year earlier as its mo

ProPetro confirms U.S. SEC probe, accounting weaknesses New! 2019-11-13 18:06:34Oilfield services firm ProPetro Holding Corp on Wednesday said a board investigation had uncovered material weaknesses in its financial controls and

Takeaway CEO says does not want to overpay New! 2019-11-13 18:01:15The chief executive of food ordering company Takeaway.com on Wednesday said he did not want to overpay as his company pursues an agreed merger with B

U.S. lawmakers question why Centrus awarded federal uranium New! 2019-11-13 17:52:47A bipartisan group of U.S. Representatives asked officials at the Energy Department on Wednesday how Centrus Energy Corp , a company whose chief recen

Occidental Petroleum stepping up oil and gas asset New! 2019-11-13 17:50:56Occidental Petroleum Corp is stepping up its oil and gas-producing property sales, adding land in Utah's Uinta Basin acquired as part of its $38 bil

Chicago mayor rejects Uber's alternative tax proposal New! 2019-11-13 17:45:05Chicago's mayor on Wednesday rejected an alternative proposal by Uber Technologies Inc to tax ride-hailing services, accusing the company of trying

Disney+ streaming exceeds expectations with 10 million sign-ups, New! 2019-11-13 17:38:04Walt Disney Co shares soared to a record high after the entertainment firm said its new streaming service, Disney+, had been met with "extraordinary

Hyundai to make Santa Cruz pickups at Alabama New! 2019-11-13 17:28:25Hyundai Motor Co's manufacturing unit will start making the Santa Cruz pickup trucks at its Montgomery factory in 2021, following a $410 million exp

Trump threat of more China tariffs could hit New! 2019-11-13 17:25:32U.S. President Donald Trump's threat to jack up U.S. tariffs on Chinese goods if the world's two largest economies fail to reach a trade deal could

Peloton exploring apps for Amazon Fire TV, Apple New! 2019-11-13 17:01:44Peloton Interactive Inc is exploring apps for Amazon.com Inc's Fire TV and Apple Inc's Watch, Bloomberg reported on Wednesday, citing people fami

Shares, bond yields slip on sour trade deal New! 2019-11-13 16:40:48Global equity markets and government bond yields fell on Wednesday on growing doubts that a U.S.-China trade deal can be reached soon and fears that u

Cisco second-quarter forecast disappoints; shares fall New! 2019-11-13 16:34:54Cisco Systems Inc on Wednesday forecast second-quarter revenue and profit below estimates as the network gear maker struggles to shift to a software-

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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Maharashtra govt formation LIVE: No consensus yet on 2019-11-12 09:15:14Maharashtra govt formation: With no consensus achieved between Shiv Sena, NCP and Congress, President's rule has been imposed

Stability, regulatory reforms to boost economic growth: BSE 2019-11-12 09:12:36BSE has recently developed a 'real time price movement' chart with correlation to market rumors

CG Power asks firms linked to promoter Thapar 2019-11-12 08:04:13CG Power reported narrowing of consolidated net loss in July-September to Rs 61.47 crore

From self-drive cars to IoT, these next-wave techs 2019-11-12 07:58:23In the last 50 years owing to advances in science and technology-enabled healthcare humans are living longer.

EC Lavasa's son, a firm linked to him 2019-11-12 07:51:38They said the agency has filed a case under the FEMA to probe Abir Lavasa and about Rs 7.25 crore funds raised early this year by a firm -- Nourish Or

AGR verdict: Vodafone's future in India uncertain amid 2019-11-12 06:34:11Read said Vodafone was not committing any more equity to India and the country effectively contributed zero value to the company's share price

BRICS Summit: PM to discuss anti-terror measures with 2019-11-12 06:31:24The BRICS countries will also look to enhance cooperation on digital economy and build mechanisms for counter-terrorism cooperation within the BRICS f

NBFC crisis dragged loan growth to demonetisation lows 2019-11-12 06:07:57While the NBFC sector continues to face the heat, corporate banks seem to be on track to recovery

AP govt ends tie-up with Singapore consortium, scraps 2019-11-12 05:49:28Singapore govt says closure based on mutual consent between AP govt and Singapore Consortium, as former had "other priorities for the state"

Economic slowdown: India's Q2 GDP to grow by 2019-11-12 04:57:34State Bank of India (SBI) joins all other global agencies -- the ADB, World Bank, OECD, RBI and the IMF -- in downgrading India's FY20 growth rates

Govt can hold 5G spectrum auction, but older 2019-11-12 04:01:44Given the latest AGR judgement from the apex court and the sector's deep crisis, the older operators are unlikely to have the wherewithal to bid for

Industrial output sees steepest fall in 8 years, 2019-11-12 02:55:33September saw the slowdown in the manufacturing sector - which accounts for 78 per cent of the index

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