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Bermudian-based insurer and reinsurer Hamilton Re Ltd is inviting applications for admission to its 2020 summer intern programme. It is for students entering their junior year of university, and it offers the opportunity to spend eight to ten weeks g...

Facing a rental increase in a struggling retail economy, Tess Ltd is to close its Jeans Express store on Queen Street, Hamilton at the end of the month. The shop has two full-time staff members and one part-time employee. David Hamshere is the presid...

Overall demand for reinsurance remained strong at the January 1 renewals, according to Willis Re in its 1st View report. However, there has been “clear divergence” in market views on liability, according to James Kent, global chief executive officer ...

The Royal Gazette/BSX Index closed unchanged on 2,404.48 as no shares traded on the Bermuda Stock Exchange. It was a quiet first trading week of 2020 for the BSX, with the index gaining 0.82 per cent over the holiday-shortened week. The US-listed sha...

Gosling’s has temporarily closed its flagship retail shop in the Victoria Block, on the corner of Front Street and Queen Street. It is expected to reopen in late April after renovations, including work to address occasional floods in the basement tha...

Peace has broken out between Argo Group International Holdings Ltd and activist shareholder Voce Capital Management LLC. The two organisations have entered into a co-operation agreement to effect changes to Bermudian-based Argo’s board of directors. ...

Economically speaking, Bermuda is emerging from a largely painful decade and all residents will hope that 2020 can herald a new era of sustained economic growth. However, such success would have to be achieved against the grain of demographics, with ...

Google is ending its tax strategy called the “Double Irish, Dutch Sandwich”, which saw it move billions of dollars to Bermuda. The tech company moved $24.5 billion (€21.8 billion) through its Netherlands holding company to Bermuda in 2018, up from $2...

Shares of HSBC Holdings Plc improved by 10 cents, or 1.3 per cent, to $7.75 after 43,315 traded on The Royal Gazette/BSX Index. The index was unchanged at 2,404.48, while the BSX Insurance Index was up 6.94 points, or 0.4 per cent, at 1,743.72. On th...

The Royal Gazette/BSX Index climbed 19.91 points, or 0.84 per cent to 2,404.48 yesterday, the last trading day of 2019. Shares of Ascendant Group Limited, the parent of Belco, improved by $2.50, or 8.6 per cent, to $31.50 after 1,400 traded. There wa...