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Shares of Butterfield Bank fell 7 per cent in Bermuda Stock Exchange trading. The bank dipped $2.75 on the trading of 503 shares to close on $36.50. Butterfield’s US-listed shares fared much better on the New Stock Exchange, gaining 74 cents, or 2 pe...

Chubb Ltd has received approval from the China Banking and Insurance Regulatory Commission to increase the company’s ownership in Huatai Insurance Group Company Ltd to 26.2 per cent. That is up from its current 20 per cent and, as a result of the inc...

The annual rate of inflation fell to 0.8 per cent in November last year — the lowest rate of increase in the cost of living recorded since June 2016. The Consumer Price Index, which measures price movements through a basket of goods and services, fou...

Ascendant Group Ltd was the lone stock to trade on the Bermuda Stock Exchange. The owner of electricity utility Belco remained unchanged on $20 as 11,700 shares changed hands. The trading of the $234,000 worth of shares came on the day that Ascendan...

Deloitte says it has reinforced its commitment to maintaining an organisation where everyone has equal opportunity to grow, develop, and succeed. Its “All in: accelerating gender and inclusion” strategy is designed to deliver a commitment to diversit...

Shares of Ascendant Group and One Communications traded on the Bermuda Stock Exchange. Ascendant, the owner of electric utility Belco, remained unchanged on $20 as 5,000 shares changed hands. One was also unmoved on $3 as 1,500 of the telecoms group’...

Michael DeSilva has been appointed director of security and emergency management at the Hamilton Princess and Beach Club. Mr DeSilva, formerly the Commissioner of the Bermuda Police Service, will be responsible for overseeing the security, safety and...

More than 60 people attended a seminar focused on what is necessary to start up a new business. Experts at the Bermuda Economic Development Corporation event gave advice on a range of topics from dealing with government departments, insurance, bankin...

Entrepreneur and philanthropist Michael Bloomberg will join Brian Duperreault, chief executive officer of AIG, at an industry forum in New York later this month highlighting Bermuda’s historic and mutually beneficial relationship with the US. The for...

An expert on the African-American co-operative movement is to speak at an event hosted by the Bermuda Economic Development Corporation this month. Jessica Gordon-Nembhard, an author and economist, will make a presentation at the seminar at the St Pau...