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Declining electricity sales and the impact of Hurricane Humberto caused Ascendant Group Ltd’s earnings to fall in the third quarter. The parent company of power utility Belco also took a $2.8 million restructuring charge related to the sale of the co...

Shares of BF&M Ltd jumped $1, or 5 per cent, to $21 after 15,600 traded on The Royal Gazette/BSX Index. Ascendant Group Ltd shares were $1 lower, or 3.3 per cent, at $29 after 2,700 changed hands. There was also trading in 2,400 shares of One Communi...

Law firm Carey Olsen Bermuda has “taken the market somewhat by surprise”, according to the 2020 edition of Legal 500 Caribbean. A leading directory for the legal industry, Legal 500 said “nobody (was) expecting the quality of the firm to be so high s...

There’s nothing like a little “mansplaining” to make washing a slippery, wiggling dog, more fun. At least that’s true at Indra’s Place, a self-service dog wash facility on Elliott Street in Hamilton. Owner Indra Smith finds that first-timers can get...

Mortgage insurer Essent Group Ltd’s earnings rose by 24.6 per cent for the third quarter. The Bermudian-based company reported net income $144.6 million, or $1.47 per diluted share, for the three months ended September 30, compared to $116 million, o...

An immersive cybersecurity experience from IBM’s X-Force Command team, featuring a simulated and gamified environment, will set in motion the second International Cyber Risk Management Conference in Bermuda. The simulation is said to be a “one-of-a-k...

Climate warming is changing the weather like steroids change a baseball player, a leading expert told a conference of insurance executives. Roger Grenier, senior vice-president of the global resilience practice at catastrophe modelling firm AIR World...

The rate of inflation climbed to 1.5 per cent in August. That is 0.3 percentage points higher than in July. The all-items index was 106.5 in August, which means a basket of goods and services that cost $100 in April 2015, now costs $106.50. Year-on-y...

Shares of One Communications Ltd spiked 26.7 per cent in Bermuda Stock Exchange trading. The telecommunications group surged 80 cents on the trading of 5,000 shares to close at $3.80. The only other stock to trade on the BSX was BF&M Ltd, which remai...

A new fast food eatery is to open this week on Bermudiana Road. Burger Shack will offer flame-broiled burgers, chicken burgers, veggie burgers and salmon burgers along with a range of “combo” options that include not only the traditional French fries...