75870 results returned for search: "" category "Business"
I know my friends’ joys and anxieties and Hogwarts houses. I can even identify their shoes from under a bathroom stall. (“Is that you, Lindsay?”) They know my family members and preferred pizza toppings.
But we know squat about one another’s finances...
DATE: Mar 21, 2020
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CATEGORY:
Personal Finance
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Production delays caused by the Covid-19 pandemic have disrupted the global auto industry, a car dealership boss said.
Glen Smith, managing director of Auto Solutions in Pembroke, said the closure of Chinese auto parts manufacturers due to the pandem...
DATE: Mar 20, 2020
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
When Cain Kunze launched the Bermuda Paper Company a few days ago, he manufactured 10,000 rolls of toilet paper, thinking that would be plenty to start with.
What he and business partner, Gregory Armstrong, didn’t take into account was coronavirus p...
DATE: Mar 20, 2020
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
HSBC Bermuda is offering relief on mortgage, loan and credit card payments over the next three months.
The moves come in response to the effects of the Covid-19 pandemic and the economic disruption it is already causing.
In a statement yesterday, HSB...
DATE: Mar 20, 2020
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CATEGORY:
Other
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Belco has committed to keeping Bermuda’s electricity supply up and running during the Covid-19 crisis.
Disconnections of residential and small commercial customers have been suspended for the next 30 days amid economic disruption caused by the Covid-...
DATE: Mar 20, 2020
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CATEGORY:
Other
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Shares of One Communications Ltd gained 6.7 per cent in Bermuda Stock Exchange trading.
The telecommunications group gained 25 cents to close at $4, a 52-week high, on the trading of 12,000 shares.
One was the only stock to trade as The Royal Gazette...
DATE: Mar 20, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Global specialty re/insurer Canopius Group Ltd has acquired a majority stake in Bermudian-based specialty reinsurance group MultiStrat Holdings Ltd.
MultiStrat will continue to operate autonomously and will retain its brand, the company said.
Michael...
DATE: Mar 20, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The annual general meeting of Ascendant Group Ltd, scheduled to be held March 27, has been postponed due to the Covid-19 pandemic.
The board of directors of Ascendant, which includes power utility Belco among its holdings, said in a letter to shareho...
DATE: Mar 20, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
The completion of the deal to buy out Bermuda Commercial Bank will be delayed, probably into the summer.
Somers Ltd, a financial-services investment holding company, agreed last year to sell BCB to Permanent Capital Holdings Ltd and last month the de...
DATE: Mar 20, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
No shares traded on the Bermuda Stock Exchange, as The Royal Gazette/BSX Index remained unchanged on 1,572.57.
The US-listed shares of Butterfield Bank slid $1.26, or 6.59 per cent, to close on $17.86 on the New York Stock Exchange. The bank has fall...
DATE: Mar 19, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
