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A new battery storage system that can instantly provide 10 megawatts of electricity to the grid in the event of a generation plant failure, has won an award for Belco. The Nolan Smith Battery Energy Storage System is a standby facility for Belco. If ...

Container company Triton International Limited made a profit of $85 million, or $1.16 per diluted share, in the third-quarter. That beat a $1.14 per share consensus expectation by analysts on Yahoo! Finance. The net income was almost $10 million les...

Argus Group Holdings Ltd fell by nine cents, or 3.3 per cent, to $3.47 after 10,000 shares changed hands on The Royal Gazette/BSX Index. In New York, shares of Butterfield Bank were up 11 cents, or 0.36 per cent, at $31.04. The Royal Gazette/BSX Inde...

The Bermuda Economic Development Corporation has hired five new staff to provide better assistance to existing and new entrepreneurs. The BEDC has restructured its organisation to better serve clients and now has four units as follows: finance, data ...

Like the America’s Cup before it, the Bermuda Championship PGA tour event is proving to be a boon for local businesses. Organisers of the tournament, to be held October 31 through November 3 at Port Royal Golf Club, have enlisted more than 20 compani...

Maiden Reinsurance Ltd plans to redomesticate from Bermuda to the US, and it is aiming to complete the move around the start of the new year. The company has submitted filings to redomesticate to Vermont. According to a statement issued by Bermudian-...

Entrepreneurs got some insights into finding work/life balance yesterday at a Bermuda Economic Development Corporation seminar. Balancing Act, held at the Royal Bermuda Yacht Club, saw approximately 30 attendees made up of business owners, new entrep...

Shares of BF&M Ltd improved 25 cents, or 1.4 per cent, to $18.75 after 4,576 were traded on The Royal Gazette/BSX Index. Butterfield Bank shares gained 10 cents, or 0.3 per cent, to $30.10 after 400 were exchanged, while in New York trading the bank’...

Chubb has participated in a Week of Giving with 90 employees assisting seven community partners for nine distinct projects, resulting in 450 hours of volunteer service to the community. The Employee Week of Giving, which took place October 14 to 18, ...

WeSpeak Bermuda, the organisation created by local women to coach and build female public-speaking skills and opportunities, is holding its second boot camp next month. More than 100 women from diverse industries, careers and backgrounds took part in...