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The economy suffered the deepest contraction in living memory last year, the latest statistics revealed last night. The 2020 report on Bermuda’s Gross Domestic Product said the economy contracted by 6.9 per cent in real terms as the Covid-19 pandemi...

No shares traded on the Bermuda Stock Exchange, as The Royal Gazette/BSX Index closed unchanged on 2,711.1. For the week, the index gained 1.64 per cent, driven by a 2.3 per cent climb in Butterfield Bank shares, offset by a 2.5 per cent dip in BF&M’...

A Bermudian-based offshore drilling company has secured two contracts having an approximate aggregate value of $549 million with a state-owned Brazilian multinational corporation in the petroleum industry. Seadrill Limited said that the deals with Pe...

Physiotherapist Kathleen Mowat of KM Physio, loves working with patients in their own homes. If her clients are still in their pyjamas when she comes, she is absolutely okay with that. Ms Mowat feels that sometimes clients put on a brave face when t...

Top staff at Credit Suisse Life (Bermuda) had no idea a $400 million call in respect of leveraged shares in a drug development company – a high-risk category of assets – had been made, even though it emerged this week that the company they were leadi...

Just two years after the leader of Lockton Inc declared the company was “going all in on reinsurance”, Lockton Re is spreading its wings. The global reinsurance brokerage launched a Bermuda office in the spring, taking to 13 the number of Lockton Re ...

You might call Graham Card a data-based process evangelist. Mr Card, senior management consultant at Web Connectivity Limited in London, usually visits Bermuda twice a year, spreading the word about the advantages of ditching paper in favour of data...

Southampton West MP Scott Simmons has been promoted to evening manager at the Coral Beach & Tennis Club. Mr Simmons started working for the Paget members-only club as a contractor and then joined the maintenance department as a full-time team member ...

When a person dies having made a will, their personal estate is transferred to their personal representatives and thereafter to the person, or people, who have been named as beneficiaries, once the administration of their estate is complete. If a wil...

The RG/BSX Index closed unchanged at 2,711.10 in the absence of trading on the Bermuda Stock Exchange. The New York Stock Exchange and other US financial markets were closed Thursday for the 2021 annual Thanksgiving holiday. The NYSE also closes earl...