Category: Business
BSX Closed For National Heroes Day Holiday
The Bermuda Stock Exchange advises that although the Exchange is continuing to work remotely, they will observe the Bermuda National Heroes Day holiday on Monday 15 June 2020, with operations resuming on Tuesday 16 June 2020. Related Stories BSX Closed For National Heroes Day Holiday BSX Closed For National Heroes Day Holiday BSX Closed For National... Read more of this article
BMA Grants Class 3A Insurer Licence To Evertas
Evertas, a cryptoasset insurance company announced that is has received its license from the Bermuda Monetary Authority to start operating as a ‘Class 3A’ insurer. A spokesperson said, “Evertas, one of the world’s first cryptoasset insurance companies, has received its licence from the Bermuda Monetary Authority to start operating from... Read more of this article
Bermuda Stock Exchange Report: June 11 2020
June 11 saw 15,538 shares trade on the Bermuda Stock Exchange, valued at $115,726.30 BD. 2,000 shares were traded by Bank of N.T. Butterfield Ltd, closing down 10.9% at $25.00 per share, while another 10,800 shares were traded by Argus Group Holdings Ltd, closing even at $2.30 per share. 1,000 shares were traded by BF&M Ltd, closing up 11.1% at... Read more of this article
BCAA Approves Longtail Aviation Cargo Plane
The Bermuda Civil Aviation Authority [BCAA] announced it has approved the addition of a B747-400F Freighter to Longtail Aviation’s fleet. A spokesperson said, “The Bermuda Civil Aviation Authority [BCAA] announced the addition of a B747-400F Freighter to Longtail Aviation’s fleet and the Bermuda Aircraft Registry following approval and issuance... Read more of this article
HSBC Bermuda Announce Banking Hours
Effective Tuesday, June 16, the HSBC Harbourview, St. Georges and Somerset branches will open every weekday from 9.00am through 3.00pm to provide limited banking services to the public. A spokesperson said, “HSBC Bermuda announced today that, effective Tuesday 16th June, the HSBC Harbourview, St. Georges and Somerset branches will open every weekday... Read more of this article
Clarien Bank To Resume Normal Operating Hours
Clarien Bank’s banking hours will resume to normal as of Tuesday, June 16. A spokesperson said, “As Government reaches stage three of its phased reopening of Bermuda, Clarien’s banking hours will resume to normal, effective Tuesday [June 16]. Days and Hours of Operation: “Our main Reid Street Branch will be open as follows: Monday... Read more of this article
Video: ‘Taking Off’ Highlights New Airport Logo
Skyport has released the latest episode of ‘Taking Off’, a video series with host Mikaela Pearman that highlights the airport redevelopment project, with this episode highlighting the new logo for the LF Wade International Airport. Speaking in the episode, Mikaela Pearman said, “As we get closer to entering phase four and reopening the existing... Read more of this article
MJM Hires Allan Doughty As Senior Counsel
Law firm MJM Limited announced the addition of Allan Doughty to the firm’s Dispute Resolution team as Senior Counsel. A spokesperson said, “Mr Doughty first qualified in Nova Scotia, Canada in 2002 before returning home to Bermuda in 2004, when he was called to the Bermuda Bar. “Allan is a seasoned litigator having appeared before numerous... Read more of this article
RUBiS National Heroes Day Holiday Hours
RUBiS Energy Bermuda provided information about their opening hours for their various locations during the upcoming National Heroes Day on Monday, June 15, with select sites offering 24-hour refueling for essential service workers only. Related Stories BSX Closed For National Heroes Day Holiday MarketPlace National Heroes Day Holiday Hours BSX Closed... Read more of this article
Airbnb On Domestic Tourism, Economic Growth
Airbnb announced its partnerships with local authorities, tourism agencies, and nonprofits to promote domestic tourism and economic growth. A spokesperson said, “The travel industry, including Airbnb, has been significantly affected by the Covid-19 pandemic. While there will continue to be great uncertainty, Airbnb booking data shows that travel... Read more of this article
Bermuda Stock Exchange Report: June 10 2020
June 10 saw 58,900 shares trade on the Bermuda Stock Exchange, valued at $172,585.00 BD. 58,900 shares were traded by Argus Group Holdings Ltd, closing up 7.0% at $2.30 per share. The BSX finished at 1,955.71, up 0.15% on the day. There was 1 advance, 0 declines, and 59 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Argus To Provide Refunds On Motor Insurance
The Argus Group’s car, motorcycle and small business customers will receive a 50% rebate on their motor insurance policy premiums for the month of April as a result of decreased driving and claims due to the 24-hour Shelter-in-Place, the company announced today. “In addition, customers can choose how they would like to receive their rebate –... Read more of this article
