6748 results returned for search: "" category "Business" author Business Staff
In response to phase one of the Bermuda Government’s reopening plan for the island’s economy, the Bermuda Bankers Association has confirmed the authorised new limited operations and opening times for the island’s banks.
This includes opening times fo...
DATE: May 04, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Building owners and managers have been urged to maintain air quality within the premises of business that have been partially or fully closed due to the restrictions imposed during the Covid-19 pandemic.
“People think they’ll save money on the electr...
DATE: May 04, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Butterfield Bank will reopen from Monday as part of phase one of the relaxation of Covid-19 shelter in place measures, while HSBC Bermuda has announced opening times for its branches on two days next week.
In addition, Clarien Bank has streamlined it...
DATE: May 02, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
One Communications Ltd shares fell 2.5 per cent in Bermuda Stock Exchange trading.
The telecommunications group dipped ten cents to close on $3.90 as 76,500 shares changed hands.
One was the only stock to trade on the BSX, as The Royal Gazette/BSX In...
DATE: May 01, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
American International Group has donated $35,000 to community efforts to help those most impacted by the Covid-19 crisis.
The US-based insurance giant with a 70-year history on the island gave the money to the Bermuda Community Foundation’s Covid-19...
DATE: May 01, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Shares of Butterfield Bank surged 13.2 per cent on the Bermuda Stock Exchange.
The jump came before the release of the bank’s financial results, which recorded net income of more than $40 million for the first three months of the year.
Butterfield cl...
DATE: Apr 30, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Bermuda International Long Term Insurers and Reinsurers today announced the appointment of Natasha Scotland Courcy to its board of directors.
Ms Scotland Courcy is senior vice-president, general counsel and co-chief operating officer at Athene Life R...
DATE: Apr 30, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Bermuda Aviation Services Ltd reported a loss attributable to shareholders of $0.1 million for the six months ended September 30, 2019.
This compared to a loss of $0.3 million for the comparative period in 2018. Total comprehensive loss was $26,000 f...
DATE: Apr 30, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
A total of 2,000 shares of Ascendant Group, the parent company of Belco, traded on The Royal Gazette/BSX Index, but with no change to the closing price of $30.25.
On the New York Stock Exchange, shares of Butterfield Bank were up $1.87, or 9.2 per ce...
DATE: Apr 29, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Argo Group International Holdings Ltd warned that it will book about $26 million in losses related to the Covid-19 pandemic in its first-quarter results.
The Bermudian-based re/insurer said some of the losses related to business interruption coverage...
DATE: Apr 29, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff