77004 results returned for search: "" category "Business"
The Royal Gazette/BSX Index fell more than 8 per cent as three stocks suffered sharp falls in Bermuda Stock Exchange trading.
Butterfield Bank suffered the biggest slump, falling $2.70, or 14.2 per cent, to close on $16.30 on the trading of 250 share...
DATE: Mar 24, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Clarien announced that banking operating hours will be amended in order to provide essential banking services only.
Only the bank’s Hamilton branch on Reid Street, will be open.
Effective March 25, opening hours will be 9am to 1 pm. The bank added ...
DATE: Mar 24, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
The Bermuda Economic Development Corporation has announced a series of measures designed to help small and medium-sized businesses deal with the economic impact of the Covid-19 pandemic.
The organisation has reallocated budgeted funds and modified it...
DATE: Mar 23, 2020
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
An economist has called for local banks to halt payments of bonuses and dividends, and to suspend share buybacks, to maximise their ability to help the community through the Covid-19 crisis.
Robert Stubbs, head of research at Seed Bermuda (Social, Ec...
DATE: Mar 23, 2020
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CATEGORY:
Other
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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