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The inflation rate fell to 0.8 per cent in September, down from 1.5 per cent the month before. The Consumer Price Index was 106.1, meaning that a basket of goods and services that cost $100 in April 2015, would have cost $106.10 in September. Year-on...

Shares of Bermuda Aviation Services Ltd made a rapid descent in Bermuda Stock Exchange trading. BAS dived 49 cents, or 32.7 per cent, to close on a 52-week low of $1.01, as 200 shares changed hands. Butterfield Bank, the only other stock to trade, ga...

Shares of Butterfield bank improved by $1.03, or 2.9 per cent, to $36 after 6,100 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank’s shares were up 75 cents, or 2.09 per cent, at $36.58 The Royal Gazette/BSX Index was u...

Integrated communications agency AAC has been awarded the advertising concession for the new airport terminal, Skyport announced today. AAC will be responsible for advertising in the new terminal at LF Wade International Airport using a range of medi...

West Hamilton Holdings Ltd achieved its best ever annual operating income and jacked up its dividend by 50 per cent. But the company booked a net loss of $8.8 million because of a $10 million writedown of the value of its property. West Hamilton own...

Argus Group Holdings Ltd’s made net earnings of $3.9 million for the first six months of its fiscal year and said government healthcare reform cost its business about $2 million. The insurer’s net income fell from $10 million in the corresponding per...

Colin Targett has been appointed managing director of the Bermuda and Cayman Islands offices of global investor services group IQ-EQ. The company says the strategic new hire follows other senior appointments announced in recent months evidencing the ...

Bermuda has been awarded reciprocal jurisdiction status by the United States’ National Association of Insurance Commissioners. As a result, Bermuda’s re/insurers will be eligible for zero collateral relief, thereby operating under equal conditions as...

Shares of Ascendant Group, parent of Belco, improved 10 cents, or 0.3 per cent, to $30 after 200 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, shares of Butterfield Bank were down 24 cents, or 0.69 per cent, at $34.76. The Ro...

BF&M Ltd made shareholders’ net income of $12.6 million in the first nine months of the year, down from $16.9 million in the same period of 2018. The insurance group, which does business across several Caribbean islands as well as Bermuda, has paid o...