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More than 15 per cent of all planned cruise ship visits to Bermuda this year have now been cancelled as cruise line operators curtail operations due to the Covid-19 pandemic. Carnival Cruise Line this week extended its pause on North American cruise...

This is the second in a four-part series prepared by Restructuring and Insolvency Specialists Association of Bermuda (RISA Bermuda) on insights to help small- to mid-size organisations manage financial, operational, and staffing considerations, as we...

Three new members have been added to the board by Argo Group International Holdings Ltd, with five board members departing. Shareholders of the Bermudian-based re/insurer have also approved a proposal to reduce the maximum size of the board to 11 fro...

Shares of Butterfield Bank fell 60 cents, or 3.3 per cent, to $17.50 after 1,000 traded on The Royal Gazette/BSX Index. In New York, the bank’s shares were down 38 cents, or 2.16 per cent, at $17.21. On the local exchange there was also trading in 1,...

International law firm Conyers has pledged to increase has its annual donations to Bermudian charities by $100,000 in recognition of the challenges faced by the community due to the Covid-19 pandemic. Conyers stated: “This support is a mark of our g...

Many of Bermuda’s non-profit organisations were struggling before the Covid-19 crisis and some will not survive this challenging period. That is the view of Jennifer Burland Adams, chief executive officer of Wavecrest, a consulting company that works...

This year, Dockyard entrepreneur Carole Holding bought more stock than usual. Last year was a pretty good year for the watercolour artist, and she was ready for 2020 to be even better. Then, just as the new tourism season was about to launch, the Co...

Many of us will suffer a negative impact on our personal finances from the economic repercussions of the Covid-19 pandemic. This is the second in a series of articles by Chartered Financial Analysts Society Bermuda, offering some timely guidance on a...

Shares of Butterfield Bank fell by $1.40, or 7.2 per cent, to $18.10, after 900 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank’s shares were down $1.10, or 5.89 per cent, at $17.59. The Royal Gazette/BSX Index was dow...

Sompo International Holdings Ltd has announced that as part of the ongoing transformation of Sompo International, the Bermudian-based re/insurer will be consolidating its London presence into one company market platform. This will mean that, from Jan...