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Employment income declined by 1.4 per cent, and the value of imports fell 15.8 per cent in the second quarter of last year. However, economic data also showed that more Bermudians were employed in the hotel industry at the end of April last year when...

Shares of Butterfield Bank improved by 50 cents, or 1.5 per cent, to $33.50 after 200 traded on The Royal Gazette/BSX Index. In New York, the bank’s shares were up 44 cents, or 1.29 per cent, at $34.42. On the local exchange, there was trading in 3,3...

Shares of BF&M Ltd fell 1.2 per cent in Bermuda Stock Exchange trading yesterday. The insurer fell 19 cents to $16.06 as 2,225 shares changed hands. The only other stock to trade was Butterfield Bank, which remained unchanged on $33 as 205 shares wer...

An entire floor at Washington Mall has been converted into a range of different sized units to help cater to the demands of businesses looking to rent smaller offices. With pressure on registered companies in Bermuda to show economic substance, the o...

Bermuda will be represented at the 28th World Captive Forum at the end of the month. The event takes place in Miami on January 31 and February 1. Members of the Bermuda Business Development Agency and representatives of the industry will be present a...

Argo Group has estimated preliminary pre-tax catastrophe losses of $32 million for the fourth quarter. The losses are primarily related to Hurricane Michael and the California wildfires. Additionally, the Bermudian-based company’s fourth-quarter resu...

A total of 7,100 shares of BF&M Ltd were traded on The Royal Gazette/BSX Index, but there was no change to the closing price of $16.06. Also changing hands were 3,000 shares of One Communications Ltd, which remained at $3. The Royal Gazette/BSX Index...

An integrated online payments service that allows businesses to accept and manage payments with the most modern credit card technology is to be launched today by Powertranz Ltd. The young Bermudian company partnered with First Atlantic Commerce to la...

Willis Towers Watson Management (Bermuda) Ltd has hired Steve Arrowsmith as executive vice-president and head of client services. Mr Arrowsmith was previously executive chairman of JLT Insurance Management (Bermuda) Ltd and in his new role will be re...

Shares of Somers Ltd gained nearly 5 per cent in Bermuda Stock Exchange trading yesterday. The financial-services investment company, which owns Bermuda Commercial Bank, rose 75 cents, or 4.9 per cent, as 100 shares changed hands. Somers was the only...