76292 results returned for search: "" category "Business"
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
The Regulatory Authority of Bermuda is inviting the public and industry stakeholders to comment on the grant of spectrum licences, permits, and exempted frequencies for the electronic communications sector through its public consultation process.
The...
DATE: Mar 19, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
The Bermuda Monetary Authority has waived the requirement for insurers to hold board meetings on the island during the Covid-19 crisis period.
In a statement published on its website today, the financial regulator also granted a one-month filing exte...
DATE: Mar 19, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Entrepreneur Isabelle Ramsay-Brackstone has closed her new Palm Beach perfume store after only a few short months in operation.
“The safety of our community is our No 1 priority,” said Ms Ramsay-Brackstone who runs Lili Bermuda Perfumery in Bermuda ...
DATE: Mar 19, 2020
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CATEGORY:
Other
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AUTHOR:
Jessie Moniz Hardy
The common shares of Bermudian-based specialty commercial insurer International General Insurance Holdings Ltd started trading yesterday on the Nasdaq Capital Market under the symbol “IGIC”, the company announced.
On Tuesday, IGI announced the succe...
DATE: Mar 19, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Clarien Bank is to temporarily waive some late payment fees to reduce financial hardship for customers impacted by the Covid-19 crisis.
Customers are also encouraged to reach out to discuss other options to help them through the economic disruption.
...
DATE: Mar 19, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Butterfield Bank is to automatically defer all residential mortgage and personal loan payments for the next three months to help customers through financial difficulties caused by the Covid-19 crisis.
The bank will also introduce a payment deferral o...
DATE: Mar 19, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Drinks and speciality food retailer Two Rock Wines is operating a same-day delivery service after closing its Paget warehouse and shop due to the Covid-19 pandemic.
Two Rock co-owner Mathew Macdonald said the Harvey Road outlet will remain closed to ...
DATE: Mar 19, 2020
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
Telecoms company One Communications is pressing the pause button on service disconnections for an indefinite period due to the Covid-19 pandemic.
One said mobile, internet, television and home phone accounts will remain active even in the event that ...
DATE: Mar 19, 2020
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CATEGORY:
Other
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AUTHOR:
Duncan Hall
