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The leaders of Conduit Holdings Limited remain optimistic despite a comprehensive loss of $42 million by Conduit Re in its first year of operation. Preliminary results released today by the Bermudian-based global reinsurer report an underwriting loss...

Aanika Biosciences, an emerging American biotech company using microbial-based technologies to protect the safety and security of our food system, has been accepted into the Bermuda Monetary Authority’s Innovation Hub. The company said the programme ...

The RG/BSX Index closed unchanged at 2,674.67 with domestic companies idle at the trading desk of the Bermuda Stock Exchange. The Bank of Butterfield closed down 78 cents (2.01 per cent) at $38.02 on the New York Stock Exchange.

Rego Sotheby’s International Realty has announced that the Sotheby’s International Realty global network achieved a record $204 billion in 2021 global sales volume. That was a 36 per cent increase in sales growth year-over-year, as US cities saw a re...

A blue ribbon advisory panel says the Government has no clear guide to sticking to its 2021-22 spending allocations

A Bermudian mother-daughter duo could soon see their vegan hair care products on shelves at Target, one of the largest big box stores in the US. But Gina Spence, and her daughter, Isis Benjamin, need $450,000 to ramp up manufacture and marketing for...

A Black former Belco employee of 43 years has been honoured for his work modernising the company. Belco paid tribute to the late Nolan Leroy Smith, an electrical engineer who helped build the company’s battery energy storage system – or Bess – which ...

Bacardi, the drinks giant based in Bermuda, has achieved the internationally recognised “Great Place to Work” certification at its 23 production sites across ten countries worldwide. The company’s global operations team of almost 4,000 employees prai...

On the same day that it emerged from a chapter 11 bankruptcy process, Bermudian-based offshore drilling company Seadrill Limited has reported a net profit of $18 million in the second half of 2021. That compares with a $605 million loss in the first ...

Bermudian-based energy outfit Höegh LNG Partners LP has reported net income of $16.2 million in the fourth quarter of 2021. That compares with net income of $18.5 million in the fourth quarter of 2020. The floating liquefied natural gas service provi...