Category: Business
Report: EU To Add Bermuda To ‘Tax Blacklist’
[Updated] The European Union is reportedly set to add Bermuda to their blacklist on Tuesday, according to a report today [March 11] from Reuters, while Bloomberg is reporting that “the United Arab Emirates, Bermuda, and several other jurisdictions are holding last-minute negotiations with the European Union to avoid being added to the bloc’s... Read more of this article
Corporate Team Challenge For World Triathlon
Bermuda’s corporate community has been issued a sporting challenge by the title sponsor of the upcoming MS Amlin World Triathlon Bermuda, to race on Saturday 27th April, 2019. MS Amlin, a leading global [re]insurer with offices in Bermuda, will be represented by a number of teams and individuals racing in Bermuda’s World Triathlon Series Age Group... Read more of this article
“Fuelling 4 A Cause” Donates $31,000 To Charity
Following the 2018 edition of their “Fuelling 4 a Cause” promotion, RUBiS Energy Bermuda donated over $31,000 to twelve local charities. In the 3rd year of the promotion, during a 4-week period during November and December of 2018, RUBiS donated 5¢/gallon of fuel sold to twelve selected charities, and each charity was on hand to accept their... Read more of this article
Audio: Premier David Burt On FinTech MOUs
Premier David Burt provided an update on the conversations and developments with four fintech firms the Government signed MOUs with last year; Binance, Omega One, Shyft Network and Medici Ventures. The Premier was speaking during the Premier’s Question Period in the House of Assembly on Friday [March 8], with Premier Burt answering questions from... Read more of this article
Bermuda Food Tours Celebrates 1st Anniversary
Bermuda Food Tours is celebrating their one year anniversary after hosting over 600 guests on culinary journeys since launching in March of 2018. “These 3-3.5 hour walking food tours include tastings at 7 delicious and unique eateries throughout Hamilton. Reviews on TripAdvisor and Facebook, from locals and visitors alike, rave about the variety... Read more of this article
Skyport President On Flights, Seat Capacity
[Written by Don Burgess] Even though American Airlines has cut one of its New York flights to Bermuda, air visitor arrivals were up in 2018. This from Skyport president Aaron Adderley. He pointed out that the reduction from AA was likely a response to JetBlue who had increased seats from both Boston and New York. However, he declined to discuss whether... Read more of this article
Ascendant Share Repurchases Feb, March 4, 6, 7
In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, during the month of February 2019 the company repurchased 20 common shares at an average price of $17. The Company advised that the repurchased shares have been cancelled. In addition, Ascendant Group Limited also advised... Read more of this article
Shipping Schedule: Week Starting March 9
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday March 9th. On Monday the Oleander III is expected, on Thursday the Bermuda Islander container ship will arrive, and on Friday the World Spirit vehicles carrier and the Pelican of London sail training ship are scheduled to... Read more of this article
One Communications Feb. Share Repurchases
In a filing with the Bermuda Stock Exchange [BSX], One Communications Ltd., advised that pursuant to its share repurchase programme, during the month of February 2019 the company repurchased 28,895 of its common shares at an average price of $2.99 for immediate cancellation. Related Stories One Communications Share Repurchases One Communications Share... Read more of this article
KPMG Celebrates International Women’s Day
Firms around the KPMG global network are “working collectively to build an inclusive future for everyone, and the conversation could not have been stronger and more powerful as we celebrate International Women’s Day.” “A future where everyone feels included and diversity is encouraged. That has been, and continues to be, our collective... Read more of this article
Bermuda Stock Exchange Report: March 8 2019
March 8 saw 11,700 shares trade on the Bermuda Stock Exchange, valued at $234,000.00 BD. 11,700 shares were traded by Ascendant Group Limited, closing even at $20.00 per share. The BSX finished at 2,360.83, even on the day. There were 0 advances, 0 declines, and 57 remained unchanged. The full report for the day is available here [PDF], and the full... Read more of this article
ASW Law Celebrates International Women’s Day
On 8 March 2019, local Bermuda law firm, ASW Law Limited hosted a ‘harbor-side chat and breakfast’ at the Royal Hamilton Amateur Dinghy Club to celebrate International Women’s Day 2019. The theme for this year’s International Women’s Day is #balanceforbetter. Guest speakers Laura Taylor of Nephila Capital Ltd., Gita Gutierrez of the Information... Read more of this article
