76292 results returned for search: "" category "Business"
Bermuda’s food supply line is secure, supermarket leaders said yesterday.
Tredick Gorham, president of The Supermart, and Will Cox, president of The Waterfront Group that includes Miles Market, provided assurances to consumers.
“Our food supplies are...
DATE: Mar 17, 2020
|
CATEGORY:
Local Business
|
AUTHOR:
Duncan Hall
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...
DATE: Mar 17, 2020
|
CATEGORY:
Bermuda Stock Exchange
|
AUTHOR:
Business Staff
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...
DATE: Mar 17, 2020
|
CATEGORY:
Other
|
AUTHOR:
Business Staff
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...
DATE: Mar 17, 2020
|
CATEGORY:
Bermuda Stock Exchange
|
AUTHOR:
Business Staff
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...
DATE: Mar 17, 2020
|
CATEGORY:
Other
|
AUTHOR:
Business Staff
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...
DATE: Mar 17, 2020
|
CATEGORY:
Bermuda Stock Exchange
|
AUTHOR:
Business Staff
While finding her way in the highly competitive New York broadcasting market, Penny MacIntyre benefited from mentorship by an industry veteran. More than two decades on, she is paying it forward by helping entrepreneurs in the Ignite Bermuda accelera...
DATE: Mar 16, 2020
|
CATEGORY:
Local Business
|
AUTHOR:
Duncan Hall
One of Bermuda’s largest construction companies has been wound up.
Narinder Hargun, the Chief Justice, granted a winding-up order in respect of Correia Construction Company Ltd in a hearing on Friday morning in the Commercial Division of the Supreme ...
DATE: Mar 16, 2020
|
CATEGORY:
Local Business
|
AUTHOR:
Duncan Hall
Digicel plans to boost internet speeds to all of its residential Fibre customers by 30 megabits per second over the next few days.
The company said it has increased off-island capacity in anticipation of customers working from home and children at ho...
DATE: Mar 16, 2020
|
CATEGORY:
Other
|
AUTHOR:
Business Staff
Bermuda’s new airport terminal is on schedule for completion of construction work by midsummer.
Dave Westwood, construction manager for the general contractor Aecon, took The Royal Gazette on a tour of the site where about 300 workers are pushing in...
DATE: Mar 14, 2020
|
CATEGORY:
Other
|
AUTHOR:
Business Staff