Category: Business
Huckleberry Restaurant Launches Online Store
Huckleberry Restaurant & Rosedon Hotel recently re-launched its curbside pick-up service with a new online storefront at HuckleberryBDA.com. A spokesperson said, “Huckleberry Restaurant & Rosedon Hotel have officially re-launched curbside pick-up service with a new web-enabled storefront at HuckleberryBDA.com. “The new website showcases... Read more of this article
ZipX Donates 5,000 Face Masks To Government
ZipX Bermuda has donated 5,000 face masks to the Bermuda Government for the island’s frontline workers during the Covid-19 pandemic. A spokesperson said, “ZipX Bermuda has donated 5,000 face masks to the Bermuda Government for the island’s frontline workers. Additionally, they are supplying ZipX customers with complimentary individually-wrapped... Read more of this article
RUBiS Service Stations Phase 1 Operating Hours
RUBiS Energy Bermuda provided information about their operating hours during the Island’s Phase 1 reopening, with select sites offering 24-hour refueling for essential service workers. RUBiS also reminds the public that surname shopping does apply to gas stations. As the island and world deals with the Covid-19 pandemic, we are doing our best... Read more of this article
Argo Group Issues $0.31 Cash Dividend
Argo Group International Holdings, Ltd. announced that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company’s common stock. The cash dividend will be paid on June 12, 2020 to shareholders of record on May 29, 2020. Related Stories Argo Shareholders Approve Proposed Merger Argo To Sell Lloyd’s Syndicate 1200... Read more of this article
Bermuda Stock Exchange Report: May 7 2020
May 7 saw 1,700 shares trade on the Bermuda Stock Exchange, valued at $7,790.00 BD. 200 shares were traded by Polaris Holding Co. Ltd, closing at an even $8.95 per share, while the other 1,500 shares were traded by One Communications Ltd, closing even at $4.00 per share. The BSX finished at 1,623.80, even on the day. There were 0 advances, 0 declines,... Read more of this article
Norwegian Cruise Line Secures Over $2 Billion
Norwegian Cruise Line — which is one of the major cruise lines that serves the island — announced that it secured over $2 billion of additional liquidity, which “will strengthen the company’s financial position amid the Covid-19 pandemic.” The NCLH website said, “Norwegian Cruise Line Holdings Ltd. today announced... Read more of this article
Video: ‘Taking Off’ On Impact Of Covid-19
After taking a hiatus due to the pandemic, 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 impact of Covid-19 in the construction of the new passenger terminal building. Speaking in the episode, Mikaela Pearman... Read more of this article
Auto Solutions Donates 5,000 Face Masks
Minister Wayne Caines thanked Auto Solutions after the company donated 5,000 face masks for distribution to the public. In an online post, the Bermuda Government said, “National Security Minister Wayne Caines extended his thanks to Auto Solutions’ Managing Director Glen Smith after the company donated 5,000 face masks for distribution to... Read more of this article
Colonial To Cover Covid-19 Antibody Testing
“Clients of Colonial Medical Insurance Company will be covered for Covid-19 antibody testing following an agreement with Helix Genetic and Scientific Solutions Ltd. of Hamilton,” the company announced. A Colonial spokesperson said, “The agreement, which will be operated as a pilot programme through June 30, will provide insurance cover... Read more of this article
Cosmic Launches Online Shopping Directory
In an effort to help the community navigate changing shopping landscape during the Covid-19 pandemic, Cosmic Ltd recently launched ShopSafe.bm, a free online resource that “allows businesses to input their new store hours while indicating how customers can purchase goods or services.” A spokesperson said, “As shoppers look for the... Read more of this article
Swizzle South Shore To Cease Operations
The Swizzle South Shore in Warwick will “permanently cease operations,” the owner confirmed today, explaining that “the crippling effects of the Covid-19 virus and the subsequent contraction of the local economy for many months to come, it was clear that to continue on would only bring mounting debt.” Jay Correia said, “It... Read more of this article
‘One-Time Withdrawal Of Up To $12,000′
“We will expand the scope of existing provisions for financial hardship to include a one-time withdrawal of up to $12,000, from person’s individual pension accounts,” Premier David Burt said. Speaking at last night’s [May 6] press briefing, Premier Burt said, “On Friday, the House of Assembly will meet to pass legislation that will... Read more of this article
