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Shares of Polaris Holdings Co Ltd dropped by $2.90, or 36.3 per cent, to $5.10 after 1,200 traded on The Royal Gazette/BSX index. There were also declines for three other stocks. Somers Limited was down $1.30, or 8.5 per cent, at $14 after 1,256 chan...

TeleBermuda International has announced the launch of an updated logo and refreshed website. The company said the new website, which can be found at www.telebermuda.com, marked the successful completion of its acquisition transition phase, and a new...

MiniMax Forwarders and Island Shippers have announced an agreement whereby MiniMax will integrate Island Shippers’ customer list with its own to offer sea and air shipping service to Bermuda. The agreement, a statement from the two companies said, ta...

Butterfield Bank has announced completion of the acquisition of ABN AMRO (Channel Islands) Ltd, the Channel Islands-based banking subsidiary of ABN AMRO Bank NV, following receipt of all regulatory approvals. Effective today, ABN AMRO CI has been ren...

Shares of One Communications Ltd and Ascendant Group Ltd traded on the Bermuda Stock Exchange. A total of 4,599 One shares changed hands as the telecommunications group closed unchanged on $3.50. Ascendant, owner of power utility Belco, also saw 21 s...

Shares of Butterfield Bank gained in Bermuda Stock Exchange trading. The bank advanced 30 cents, or 0.9 per cent, to close on $33.50 as 6,991 shares changed hands. Butterfield’s US-listed shares gained 13 cents, or 0.38 per cent, to close on $33.97 o...

Consumers paid more for goods and services in April, than they did in the same month in 2018. The Consumer Price Index rose 1 per cent, year-on-year. The rate of inflation declined 0.2 percentage points from the 1.2 per cent measured in March. Betwee...

Gavin Woods has been promoted to the role of partner at law firm Carey Olsen Bermuda. Mr Woods is part of the corporate team at the firm, where he specialises in corporate finance, corporate structuring and insurance transactional and regulatory matt...

Shares of One Communications Ltd rose 6.1 per cent in Bermuda Stock Exchange trading. The telecommunications company gained 20 cents to close on $3.50 as 3,000 shares changed hands, bouncing back from their 7 per cent fall on Wednesday. LOM Financial...

Bermudian-based re/insurance provider RenaissanceRe Holdings Ltd has announced the promotion of Matthew Neuber to the position of corporate treasurer, subject to approval by the Bermuda Department of Immigration. If approved, Mr Neuber will report to...