Log In

A total of $124,200 worth of BF&M Ltd shares changed hands in Bermuda Stock Exchange trading. The insurer closed unchanged on $23, as 5,400 shares traded. With BF&M the lone stock to trade, The Royal Gazette/BSX Index closed unchanged on 2,553.64. Fo...

Bermudian-based Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has entered into definitive agreements for the previously announced strategic investment into Element 1 Corp's unique methanol-to-hydrogen technology,...

Retail sales rose 7.7 per cent in March, the ninth consecutive month that the volume of sales has grown on a year-on-year basis. The value of sales for the month was $105.7 million, which was a 9.8 per cent improvement. The same month in 2020 saw Be...

One of Bermuda’s most popular restaurants has re-opened under new ownership. The Spot has been purchased from long-time owner Thomas “Ted” Powell by Ronnie Lau and Kayalvizhi Srinivasan. It has been re-named Spot Restaurant & Bar to reflect that a li...

A Microsoft subsidiary registered in Ireland made a profit of $314 billion in the fiscal year that ended June 2020, but did not pay any tax as it is tax resident in Bermuda. Microsoft Round Island One has no employees, other than three directors. Its...

Two hundred shares of Bermuda Aviation Services Ltd traded on The Royal Gazette/BSX Index, but with no change to the closing price of $1.50. On the New York Stock Exchange, shares of Butterfield Bank were down two cents, or 0.05 per cent, at $37.90. ...

Nine entrepreneurs working to launch, develop and further grow their businesses are engaged in the fourth cohort of the Enterprise Bermuda Incubator programme presented by the Bermuda Economic Development Corporation. The free programme, launched by ...

A subsidiary of Bermudian-based Enstar Group Ltd has completed a loss portfolio transfer with Hiscox Ltd, the global specialty insurer headquartered on the island. The company said Enstar Syndicate 2008 has reinsured a diversified portfolio of legacy...

Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a two-well contract extension with Equinor Energy AS offshore Norway. The company said the contract is for Valaris JU-291 (Stavanger), a heavy-duty ultra-harsh envir...

Insurance industry executive Jonathan Reiss believes Bermuda could see material growth in terms of opportunities and jobs in the next two years. And he intends to assist in securing a flow of business to the island in his roles as managing director a...