RSSCategory: Business

Phoenix Group Offer Range Of Black Friday Deals

Phoenix Group Offer Range Of Black Friday Deals

The Phoenix Stores will be offering Black Friday deals at their various locations including the Phoenix, their other pharmacy locations, the Annex Toys, P-Tech, Brown & Co and more tomorrow [Nov 25]. The deals include savings on wine, kitchenware, Christmas decorations, appliances, gadgets, accessories, and more. Related Stories AIRCARE... Read more of this article

CoinDesk Money Reimagined Features Bermuda

CoinDesk Money Reimagined Features Bermuda

CoinDesk’s Money Reimagined has featured Bermuda in their recent podcast episode titled “A Growing Digital Assets-Based Finance Community: Bermuda Part 2.” “On this episode of ‘Money Reimagined,’ hosts Michael Casey and Sheila Warren speak with Denis Pitcher, chief fintech adviser to the Office of the Premier in the territory, and Chancellor... Read more of this article

AM Best: Rated BCIB Captives Outperforming

AM Best: Rated BCIB Captives Outperforming

Rated Bermuda, Cayman Islands and Barbados [BCIB] captive insurance companies have continued to outperform their U.S. commercial casualty peers, as evidenced by a combined ratio approximately 13 percentage points better over the most recent five-year period, according to an AM Best report. The company said, “The new Best’s Special Report, titled,... Read more of this article

Bermuda Stock Exchange Report: Nov 23 2022

Bermuda Stock Exchange Report: Nov 23 2022

November 23 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,383.44, even on the day. There were 0 advances, 0 declines, and 68 remained unchanged. The full report for the day is available here [PDF]. Related Stories ‘Active And Significant Year For The BSX’ BSX: Financial Literacy, New Investor Education BSX Will... Read more of this article

WISTA Bermuda Celebrates 6th Anniversary

WISTA Bermuda Celebrates 6th Anniversary

WISTA Bermuda, the local chapter of the Women’s International Shipping & Trading Association [WISTA] held an anniversary social for its members and friends in the maritime sector. A spokesperson said, “This year marks the sixth anniversary of WISTA Bermuda. The Bermuda branch was established in October 2016 as a chapter of WISTA International. “WISTA... Read more of this article

August Consumer Price Index: Inflation 4.7%

August Consumer Price Index: Inflation 4.7%

Consumers paid 4.7% more in August 2022 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI], according to the August 2022 CPI from the Department of Statistics. A Government spokesperson said, “In summary, during August 2022, consumers paid 4.7% more than they did a year ago for the basket of goods... Read more of this article

Niall Sheehy Appointed New CEO At One Comms

Niall Sheehy Appointed New CEO At One Comms

The One Communications’ Board of Directors has named Niall Sheehy as the new Chief Executive Officer, effective November 1, 2022. A spokesperson said, “Niall will be replacing Frank Amaral who is retiring from the telecommunications industry. Sheehy has more than 20 years’ experience in executive leadership roles in the telecommunications... Read more of this article

Saltus Launches ‘Learning Commons’ Space

Saltus Launches ‘Learning Commons’ Space

On Thursday, 17th November, Saltus celebrated the official opening of its newest learning space, the Learning Commons. A spokesperson said, “Joined by members of the Board of Trustees, donors and staff, Head of School Julie Rousseau thanked the many partners who participated in the vision of this dynamic learning hub for Middle and Senior School... Read more of this article

BMA Cancels Registration Of HBC Management

BMA Cancels Registration Of HBC Management

The Bermuda Monetary Authority [BMA] has “cancelled the registration of HBC Management Limited.” A spokesperson said, “The Company was registered as a non-licensed person [NLP] on 20 November 2019 under the provisions of Section 10 of the Proceeds of Crime [Anti-Money Laundering and Anti-Terrorist Financing Supervision and Enforcement]... Read more of this article

Bermuda Stock Exchange Report: Nov 22 2022

Bermuda Stock Exchange Report: Nov 22 2022

November 22 saw 1,170 shares trade on the Bermuda Stock Exchange, valued at $38,610.00 BD. 1,170 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.5% at $33.00 per share. The BSX finished at 2,383.44, up 1.14% on the day. There was 1 advance, 0 declines, and 67 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article

St George’s Stakeholders Gear Up For Holidays

St George’s Stakeholders Gear Up For Holidays

The St. George’s Stakeholder Committee, a group of representatives for 40+ businesses, are prepping for the holiday season, hosting activities and participating in events organised by other groups. Kristin White, owner of Water Street gift store and tour company Long Story Short said, “My shop is hosting the first event, being held on Saturday,... Read more of this article

Ascot Staff Volunteer At Globe Museum

Ascot Staff Volunteer At Globe Museum

Some 30 employees of Ascot Bermuda Limited took part in volunteering to provide a “corporate lift” to the Globe Museum. A spokesperson said, “Ascot Bermuda Limited came out in force for Bermuda National Trust’s latest corporate volunteering day, just in time to help prepare for the Christmas Walkabout happening in the World Heritage... Read more of this article

Markel Bermuda Appoints Jessica Cardoso

Markel Bermuda Appoints Jessica Cardoso

Markel announced that Jessica Cardoso has been appointed Head of Office for Markel Bermuda Limited in addition to her current role as Senior Director, Head of Bermuda Errors and Omissions. A spokesperson said, “Head of Office for Markel Bermuda Limited, Cardoso will continue to help grow Markel’s Bermuda presence and will be responsible for... Read more of this article