1648 results returned for search: "" category "Business" author Scott Neil
Shares of Argus Group Holdings Ltd fell 49 cents, or 12.5 per cent, to $3.43 after 10,500 traded on The Royal Gazette/BSX Index.
On the New York Stock Exchange, shares of Butterfield Bank were down 80 cents, or 2.46 per cent, at $31.66.
The Royal Gaz...
DATE: Nov 30, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Scott Neil
There is a risk that the impact on Bermuda’s economy from the Covid-19 pandemic may be more severe and longer lasting than currently anticipated.
That warning comes even as the projected fall in the island’s gross domestic product this year has been ...
DATE: Nov 30, 2020
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CATEGORY:
Economy
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AUTHOR:
Scott Neil
Devonshire Industries Limited, the parent company of Bermuda Paint Company, made a profit of $145,555 for the year ended March 31. That was an improvement on the $123,192 net income it achieved in the previous year.
The company’s gross profit, before...
DATE: Nov 30, 2020
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Shelter-in-place and remote working have not hindered a Bermudian-based computer gaming studio that aims to secure a slice of the sector’s global marketplace.
And with that in mind, Bermuda Island Games has teamed up with a Canadian company to explor...
DATE: Nov 30, 2020
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
A touch of the Willy Wonka and the Chocolate Factory “golden tickets” magic has come to Bermuda – with a rum twist.
Customers who buy a litre of Goslings Black Seal Rum from a MarketPlace store between now and December 13 have the chance to win one o...
DATE: Nov 27, 2020
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
It was a quiet day on The Royal Gazette/BSX Index, with no stocks changing hands. The Index was unchanged at 2,141.61, while the BSX Insurance Index was up 46.08 points, or 2.91 per cent, at 1,632.1
Separately, One Communications Ltd repurchased 115 ...
DATE: Nov 26, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Scott Neil
Shares of Butterfield Bank rose $1.59, or 5 per cent, to $33.41, after 1,100 traded on The Royal Gazette/BSX Index.
Somers Ltd was down nine cents, or 0.6 per cent, to $13.91, after 2,500 changed hands, while BF&M Ltd was down 25 cents, or 1.3 per ce...
DATE: Nov 24, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Scott Neil
Bermuda could see a $23 million economic impact from the return of foiling catamarans to the island for SailGP’s Bermuda Grand Prix in April, and that has local partners excited.
The $23 million figure is the average impact calculated per venue durin...
DATE: Nov 24, 2020
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CATEGORY:
Business
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AUTHOR:
Scott Neil
Whitespace, the digital e-trading platform for brokers and insurers, has added video calling and instant messaging capabilities to the platform that links brokers and underwriters.
The platform has clients in Bermuda. Stephen Carlin, chief executive ...
DATE: Nov 24, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
The resilience of Bermuda and its globally leading reinsurance sector has been highlighted in a series of filmed interviews with chief executives of leading insurance organisations, conducted by PwC and The Financial Times.
Against the backdrop of th...
DATE: Nov 23, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil