Log In

Polaris Holding Company Ltd, parent of Stevedoring Services Ltd and recently-acquired East End Asphalt Company Ltd, has reported a net profit of $801,000 for the fiscal year ending March 31, 2019. Operating profit was $1.07 million, the company said,...

Shares of HSBC Holdings Plc fell by 15 cents, or 2.01 per cent, to $7.30 after 100 traded on The Royal Gazette/BSX Index. There was also trading in 1,000 shares of One Communications Ltd, and 265 shares of Argus Group Holdings Ltd, but with no change...

Bermuda’s surplus in economic transactions with the rest of the world narrowed to $204 million in the first quarter of this year. One of the drivers of the $116 million fall in the current-account surplus, compared to the first quarter of 2018, was a...

Ashley Farrington and Imani Smith are KPMG’s 2019 Scholarship recipients in Bermuda. The $20,000 per annum awards are renewable for up to three years. Ms Farrington graduated from Bermuda High School in 2017 and is commencing her junior year at McGil...

Butterfield Bank shares rose 17 cents, or 0.63 per cent, to $27.18 on the New York Stock Exchange. Meanwhile, there were no stocks traded on The Royal Gazette/BSX Index, which was unchanged at 1,919.37. The BSX Insurance Index was down 32.14 points, ...

The inflation rate fell to 0.3 per cent in May, according to Bermuda Government figures. A 3.6 per cent drop in average property rental prices, for properties not subject to rental control, was a contributing factor. Inflation had been 1 per cent in ...

A $10,000 scholarship and a $5,000 bursary have been presented by Marshall Diel & Myers Limited. Shannon Thomas has received the Legal Scholarship Award for 2019, which will assist with the cost of pursuing his legal studies. He is in his second year...

Argus Group Holdings Ltd gained 1.6 per cent in Bermuda Stock Exchange trading. The insurer’s shares climbed five cents to close on $3.25 as 700 shares changed hands. Argus was the only stock to trade on the BSX. The Royal Gazette/BSX Index gained on...

Bermudian-based Randall & Quilter Investment Holdings Ltd has announced a reinsurance agreement to assume the legacy liabilities from the Bermudian captive of a US-based airline. The reinsurance is written by the R&Q owned “A-” rated carrier, Accred...

Somers Ltd was the only stock to trade on the Bermuda Stock Exchange. The financial-services holding company remained unchanged on $15 as 36 shares changed hands. The Royal Gazette/BSX Index closed where it started on 1,918.37. Butterfield Bank’s US-...