Ascendant shares trade on BSX
Royal Gazette

Ascendant Group Ltd was the only stock to trade on the Bermuda Stock Exchange.The parent company of power utility Belco closed unchanged on $20 as 8,000 of its shares changed hands.The company has been reviewing strategic...

Bloomberg, Duperreault Speak At Bermuda Forum
Bernews

Michael Bloomberg and Brian Duperreault highlighted Bermuda’s value to global business and the United States, delivering a dynamic launch yesterday to a full-capacity Bermuda Executive Forum in New York. Both...

RenaissanceRe Completes Acquisition Of TMR
Bernews

RenaissanceRe Holdings Ltd. today [March 22] announced that it has concluded its acquisition of Tokio Millennium Re [TMR]. The acquisition was originally announced on October 30, 2018 and the completion follows the...

RenRe completes Tokio Millennium Re takeover
Royal Gazette

Bermudian reinsurer RenaissanceRe Holdings Ltd has completed its acquisition of Tokio Millennium Re. The $1.5 billion cash-and-shares deal was first announced last October and the completion follows the receipt of all...

Bloomberg sings island's praises in New York
Royal Gazette

Industry titans Michael Bloomberg and Brian Duperreault highlighted Bermuda's value to global business and the United States, delivering a dynamic launch yesterday to a full-capacity Bermuda Executive Forum in New...

Local entrepreneurs secure over $630m in contracts through tourism linkages speed networking
Jamaica Gleaner

Tourism Minister Edmund Bartlett has revealed that his Ministry’s Tourism Linkages Speed Networking event has resulted in local Small and Medium Tourism Enterprises (SMTEs) negotiating contracts valued at over $630...

Stamp duty hikes approved by Senate
Royal Gazette

Stamp duty payable on lease agreements will rise sharply on April 1 after the Senate approved amending legislation.The Stamp Duty Amendment Act 2019, which was passed by the House of Assembly on March 15, introduces a new...

US flood programme in $300m cat bond deal
Royal Gazette

The Bermuda reinsurance market is about to take more flood risk off the shoulders of US taxpayers.The US Federal Emergency Management Agency is looking to transfer $300 million of risk from the National Flood Insurance...

Pasquesi to succeed Iordanou as Arch chairman
Royal Gazette

Constantine "Dinos" Iordanou is to step down as Arch Capital Group's chairman in September and will be succeeded by vice-chairman John Pasquesi.Mr Iordanou is a well-known veteran of the Bermuda insurance industry, having...

New café designed to inspire
Royal Gazette

The new Inspire Café in Hamilton's Bermudiana Arcade might be a breakfast lover's paradise.When it opens on Tuesday it will offer an all-day cereal bar, plus breakfast foods like triple-stacked pancakes and...

Bermuda Stock Exchange Report: March 21 2019
Bernews

March 21 saw 1,900 shares trade on the Bermuda Stock Exchange, valued at $68,400.00 BD. 1,900 shares were traded by Bank of N.T. Butterfield Ltd,...

Ascendant’s Share Repurchases For March 20
Bernews

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, the company...

Bermuda Stock Exchange Report: March 21 2019
Bernews

March 21 saw 1,900 shares trade on the Bermuda Stock Exchange, valued at $68,400.00 BD. 1,900 shares were traded by Bank of N.T. Butterfield Ltd, closing down 7.1% at $36.00 per share. The BSX finished at 2,205.48, down...

Ascendant’s Share Repurchases For March 20
Bernews

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, the company repurchased 1,800 common shares at an average price of $20.00 on 20 March...

First Global rolls out new hub for SMEs
Jamaica Gleaner

First Global Bank has created a hub to serve small and medium enterprises that are attempting to scale up their operations. President and CEO Mariame McIntosh Robinson, who announced the creation of The FGB SME Hub at...

German gov’t advisers cut growth forecast for 2019
Jamaica Gleaner

The German government’s panel of economic advisers nearly halved its German growth forecast for this year to 0.8 per cent — the latest in a long list of downgrades for Europe’s biggest economy. In a regular...

Disney closes US$71b deal for Fox entertainment assets
Jamaica Gleaner

Disney has closed its US$71-billion acquisition of Fox’s entertainment business, a deal that is likely to shake up the media landscape. Among other things, it paves the way for Disney to launch its streaming service,...

BMW warns profits will fall
Jamaica Gleaner

German automaker BMW said Wednesday that profits in 2019 would be “well below” last year’s and that it planned to cut €12 billion (US$13.6 billion) in costs by the end of 2022 to offset spending on new...

UK firms step up preparations for a no-deal Brexit
Jamaica Gleaner

United Kingdom companies have ratcheted up their preparations for a disorderly no-deal Brexit as best they can over the past couple of months, the Bank of England said Thursday. With the prospect of a chaotic Brexit...

Another big EU fine for Google - Company punished for abusing online ad dominance
Jamaica Gleaner

European Union (EU) regulators have fined Google €1.49 billion (US$1.7 billion) for abusing its dominant role in online advertising, the third big antitrust penalty they’ve given the Internet giant since 2017....

US$5 billion in 50 years - Jamaica’s half-century partnership with the IDB
Jamaica Gleaner

Jamaica has benefited from, or is in the process of cashing in on, loans and other public- and private-sector development financing from the Inter-American Development Bank, IDB, amounting to more than US$5.1 billion for...

Shortlist or selection of BOJ governor expected by September
Jamaica Gleaner

A shortlist of candidates for the post of governor of the Bank of Jamaica, BOJ, and possibly a selection, is expected by September so that enough time will be available to make the transition in November this year when...

Dairy output grows, but critical care still required
Jamaica Gleaner

There was a time when Jamaica was producing nearly 40 million litres of milk per year, but that was nearly three decades ago. Now the dairy sector is doing 12-13 million litres annually, on average, a level it has been...

Guardian teeing up more developments for New Kingston
Jamaica Gleaner

Insurance company Guardian Life broke ground for its second high-rise development in two years, a 176-unit luxury apartment complex costing $4 billion, to be known as The Cambridge. Its first, the 66-unit Hampshire,...

Norbrook, Pure partners have regional designs for merged ice business
Jamaica Gleaner

Norbrook Equity Partners is working on a plan that aims to develop ice supply into a regional market. It starts with the $350 million that the investment holding company Norbrook and its joint-venture partners in Pure...

EU: Brexit delay possible if MPs approve deal
Jamaica Observer

London , United Kingdom (AFP) — The EU could approve Britain's request for a short delay to Brexit but only if UK MPs next week vote through the withdrawal deal they have twice rejected, European Council president...

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ISLA BAUDIN: “BLOGS DO HAVOC” - I was slandered because I am a SUCCESSFUL YOUNG PLASTIC SURGEON with good SOCIAL MEDIA presence. Some blogs put it out that I had ruined client’s looks, and a POLITICAL...

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Lisa: i strongly recommend cyberhackanswers@gmail.com for all your hacking problems, last year he helped me spy on my wife's when she was cheating of me, he served as a personal investigator to me by...

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