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The Bermuda Stock Exchange plans to remain open for business during the Covid-19 crisis. In a statement issued today, the BSX said its staff were working remotely and the exchange would be open for regular business hours. Access to the BSX office on ...

Shares of Argus Group Holdings tumbled 27 per cent in Bermuda Stock Exchange trading. The insurer shed 85 cents to close at a 52-week low of $2.30 as 20,000 of its shares changed hands. Argus was the only stock to trade and The Royal Gazette/BSX Inde...

Aspen Insurance Holdings Ltd reported a net after-tax loss of $241.7 million for last year, driven by costs related to the acquisition of the company by funds managed by private-equity firm Apollo Global Management. Mark Cloutier, executive chairman ...

The arrivals duty-free store at LF Wade International Airport is to close temporarily and no full-time staff will be laid off. Owner Bermuda Duty Free Ltd, a wholly owned subsidiary of Gosling Brothers Ltd, said it made the decision to safeguard the ...

The Risk and Insurance Management Society’s annual conference, which traditionally attracts a strong contingent from Bermuda, has been cancelled for the first time in the event’s 70-year history. The event was due to take place on May 3 to 6 in Denve...

Polaris Holding Company Ltd, parent company of Hamilton docks operator Stevedoring Services Ltd, has paid out $300,000 to buy back some of its own shares for cancellation. In a filing with the Bermuda Stock Exchange, Polaris said it bought the 46,154...

HSBC Bermuda, Butterfield Bank and Clarien Bank are all lowering their base lending rates for business and retail customers. All three banks said they were making their moves to help customers with the likely negative economic impact from the Covid-1...

No shares traded on the Bermuda Stock Exchange, as The Royal Gazette/BSX Index closed unchanged on 1,799.35. The US-listed shares of Butterfield Bank endured a torrid day, falling $3.39, or 15.66 per cent, to close on $18.26 on the New York Stock Exc...

The chief executive officer of a telecoms holding company has advised consumers to avoid cash transactions in light of the threat posed by Covid-19. Frank Amaral, the boss at One Communications, wrote to the company’s customers to advise that the fir...

Shares of Butterfield Bank fell 20.8 per cent in Bermuda Stock Exchange trading. The $5 plunge on the trading of 500 shares left Butterfield at a 52-week low of $19. It also meant the bank’s BSX share price caught up with the decline of Butterfield’s...