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The holding company for Conduit Reinsurance Ltd, one of the large new start-ups set to enter the Bermudian reinsurance market, has announced the pricing for its initial public offering of shares on the London Stock Exchange. The market capitalisation...

Shares of Argus Group Holdings Ltd jumped 48 cents, or 14 per cent, to $3.91 after 20,000 traded on The Royal Gazette/BSX Index. There was also trading in 27,922 shares of One Communications Ltd, but with no change to the closing price of $4.05. On t...

Shares of Argus Group Holdings Ltd fell 49 cents, or 12.5 per cent, to $3.43 after 10,500 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, shares of Butterfield Bank were down 80 cents, or 2.46 per cent, at $31.66. The Royal Gaz...

There is a risk that the impact on Bermuda’s economy from the Covid-19 pandemic may be more severe and longer lasting than currently anticipated. That warning comes even as the projected fall in the island’s gross domestic product this year has been ...

Devonshire Industries Limited, the parent company of Bermuda Paint Company, made a profit of $145,555 for the year ended March 31. That was an improvement on the $123,192 net income it achieved in the previous year. The company’s gross profit, before...

Shelter-in-place and remote working have not hindered a Bermudian-based computer gaming studio that aims to secure a slice of the sector’s global marketplace. And with that in mind, Bermuda Island Games has teamed up with a Canadian company to explor...

A touch of the Willy Wonka and the Chocolate Factory “golden tickets” magic has come to Bermuda – with a rum twist. Customers who buy a litre of Goslings Black Seal Rum from a MarketPlace store between now and December 13 have the chance to win one o...

It was a quiet day on The Royal Gazette/BSX Index, with no stocks changing hands. The Index was unchanged at 2,141.61, while the BSX Insurance Index was up 46.08 points, or 2.91 per cent, at 1,632.1 Separately, One Communications Ltd repurchased 115 ...

Shares of Butterfield Bank rose $1.59, or 5 per cent, to $33.41, after 1,100 traded on The Royal Gazette/BSX Index. Somers Ltd was down nine cents, or 0.6 per cent, to $13.91, after 2,500 changed hands, while BF&M Ltd was down 25 cents, or 1.3 per ce...

Bermuda could see a $23 million economic impact from the return of foiling catamarans to the island for SailGP’s Bermuda Grand Prix in April, and that has local partners excited. The $23 million figure is the average impact calculated per venue durin...