RSSCategory: Business

Catherine White New Print Series At &Partners

Catherine White New Print Series At &Partners

Contemporary gift and design store & Partners — located at 46 Par-la-Ville Road in Hamilton — said they are thrilled to announce the release of a new series of limited edition Bermuda inspired prints by Bermudian artist and Interior Designer Catherine White. There will be an event to celebrate the release this coming Wednesday June 21st... Read more of this article

Apply For Tomasz Tabor Hospitality Scholarship

Apply For Tomasz Tabor Hospitality Scholarship

The Bermuda Hospitality Institute is calling all young, aspiring hospitality students to apply for its annual Tomasz Tabor Hospitality Scholarship, with applications due in before June 30. Launched in 2014, the scholarship was created to honor the life of beloved local chef Tomasz Tabor, who lost his life in a road accident three years ago. Over the... Read more of this article

‘Record Breaking’ Month For Butterfield & Vallis

‘Record Breaking’ Month For Butterfield & Vallis

Butterfield & Vallis said they are “celebrating a record-breaking month of business due to the 35th America’s Cup.” “The America’s Cup and the Tall Ships Festival have created an exciting atmosphere and driven an appreciable increase in food sales in May, resulting in record sales for the local food distribution company. In... Read more of this article

A.M. Best Affirms Ratings Of Assured Guaranty

A.M. Best Affirms Ratings Of Assured Guaranty

Rating company A.M. Best has affirmed the Financial Strength Rating of A+ [Superior] and the Long-Term Issuer Credit Rating of “aa” of Assured Guaranty Re Overseas Ltd. [AGRO] [Bermuda]. The outlook of these Credit Ratings [ratings] is stable. A statement from the ratings agency said, “The ratings reflect AGRO’s strong risk-adjusted capitalization,... Read more of this article

Goslings Stormy Ginger Beer Sales Increase

Goslings Stormy Ginger Beer Sales Increase

Castle Brands, an international marketer of premium drinks brands, reported their latest financial results, and in doing so, said that sales of Goslings Stormy Ginger Beer increased 23.3% to $20.0 million from $16.2 in the prior year “due to strong sales in the U.S. and international markets.” “In March, Goslings Stormy Ginger Beer... Read more of this article

Ministry Launch Tax Information Reporting Portal

Ministry Launch Tax Information Reporting Portal

The Bermuda Government launched a new Tax Information Reporting Portal, saying it is an “important and necessary initiative arising out of new international requirements.” “The Ministry of Finance is taking steps to ensure Bermuda is in compliance with the latest global tax cooperation standards,” a spokesperson said. “Deputy... Read more of this article

Shipping Schedule: Week Starting June 17

Shipping Schedule: Week Starting June 17

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday June 17th.On Saturday the USCG Venturous medium endurance cutter, the Ocean Dream and the Grandeur of the Seas cruise ships are expected, on Sunday the Norwegian Dawn cruise ship and the Oleander container ship will arrive,... Read more of this article

Bermuda Stock Exchange Report: June 16 2017

Bermuda Stock Exchange Report: June 16 2017

June 16 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,041.60, even on the day. There were 0 advances, 0 declines, and 61 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related StoriesGuide For Investors In Bermuda Stock Market BSX... Read more of this article

Ministers Take Airport Redevelopment Site Tour

Ministers Take Airport Redevelopment Site Tour

Deputy Premier and Minister of Finance Bob Richards and Minister of Tourism, Transport and Municipalities Michael Fahy recently toured the airport redevelopment site with members of the Bermuda Airport Authority [BAA]. BAA is the Government quango established to oversee the Government of Bermuda’s interests in the current operation and redevelopment... Read more of this article

Bermuda Stock Exchange Report: June 15 2017

Bermuda Stock Exchange Report: June 15 2017

June 15 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,041.60, even on the day. There were 0 advances, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related StoriesGuide For Investors In Bermuda Stock Market BSX Launches Investor Education Programme ’2016 Was A... Read more of this article

Govt Updates Public On Gasoline Spill Recovery

Govt Updates Public On Gasoline Spill Recovery

The Department of Environment and Natural Resources [DENR] updated the public on the gasoline spill that occurred at the RUBiS Energy Bermuda Ltd facility, Ferry Reach on 27 March 2017.A spokesperson said, “Monitoring from the four new monitoring wells in addition to the many existing wells has helped to define the extent of the spill, which... Read more of this article

Feedback Invited On National Fuels Policy

Feedback Invited On National Fuels Policy

The Department of Energy within the Ministry of Economic Development is inviting public commentary on their consultation document ‘The National Fuels Sector Policy for Bermuda.’ “The document can be found on the Government portal or in hard copy from the Department of Energy at the Government Administration Building, 3rd floor, 30... Read more of this article

BDA Appoint Greg Wojciechowski To Board

BDA Appoint Greg Wojciechowski To Board

The Bermuda Business Development Agency [BDA] has announced the appointment of Greg Wojciechowski to its Board of Directors. Wojciechowski, President and Chief Executive Officer of the Bermuda Stock Exchange [BSX] for the past 15 years, joined the BDA Board this month. “On behalf of my fellow directors, I am delighted to welcome Greg to the Board,”... Read more of this article