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Ascendant Group’s profits rose in the first half of the year even as electricity sales fell. Core earnings from operations, before corporate expenses, were $8.7 million compared to $7.5 million for the same period in 2019. Total revenue dipped by $1...

Axa XL has been crowned Bermuda Insurer of the Year by Reactions magazine for the third time in the past four years. The recognition came during the insurance industry publication’s North America Awards ceremony The panel said that Axa XL earned the ...

Next week’s Bermuda Blockchain and Sustainability Symposium will aim to shine a light on how digital-asset technology can strengthen some of the island’s key industries. Some of the speakers for the October 12 and 13 event, which will kick off Bermud...

Shares of Butterfield Bank gained 6.3 per cent in Bermuda Stock Exchange trading. Butterfield gained $1.40 to close on $23.50 on the trading of 300 shares. The bank’s US-listed shares also climbed sharply on the New York Stock Exchange, jumping $1.03...

Digicel Bermuda has been named the “Fastest Internet Provider” in the 2020 Ookla Speedtest Awards. Ookla, the company behind Speedtest, is a global leader in fixed broadband and mobile network testing applications, data and analysis. Leslie Rans, Dig...

Clothing retailer Tabs has expanded its product line in response to customer preferences. The Reid Street store, which specialises in Bermuda shorts, acted on the results of a survey that sought feedback from customers on which brands and products th...

Bacardi Ltd has appointed Todd Grice, an 18-year veteran of Coca-Cola, as senior vice-president and general counsel. Mr Grice brings 25 years of legal practice to Bacardi, with expertise in corporate governance, competition law, securities law, inte...

Kitson and Company Ltd has exited the business of providing real-estate services to third parties as of today, the company announced. Kitson has referred their existing portfolio of business to Think Real Estate, a new agency started by Jane Burt who...

Two stocks traded on the Bermuda Stock Exchange, but neither changed value, as The Royal Gazette/BSX Index remained unchanged on 1,698.14. Argus Group Holdings Ltd closed unchanged on $2.73, as 600 of the insurer’s shares changed hands. One Communica...

Lighthouse Medical Supplies Ltd has announced a new partnership with Bermuda SPCA that will raise funds for promotion of kindness to animals and prevention of animal cruelty. Mike Serebrennik, chief operating officer at Lighthouse Medical Supplies, ...