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Takeover target Ascendant Group Ltd gained ground in Bermuda Stock Exchange trading. The owner of electricity provider Belco rose 50 cents, or 1.5 per cent, to close on $33.50 as 10,000 shares changed hands. Ascendant is awaiting approval from the Re...

The director-general of the Bermuda Civil Aviation Authority won global recognition in the 2019 Business Worldwide CEO Awards. Thomas Dunstan was crowned Aviation Industry Executive of The Year (Global) for his outstanding leadership through times o...

When Alexandra Mosher first started a jewellery business out of her kitchen, she could barely keep the lights on. “The Belco guy would be coming to turn off my electricity,” she said. “I’d say just give me one day. Then I’d call someone who had been...

This week is World Investor Week, which aims to promote financial literacy around the world. The global inititaive, spearheaded by the International Organisation of Securities Commissions and the World Federation of Exchanges, is led in Bermuda by th...

Operations of a Bermudian-based liquefied natural gas tanker company have been disrupted by US sanctions. Teekay LNG Partners said its joint venture shipping natural gas from Northern Russia to China was “blocked” because of ties to Chinese shipping ...

No shares traded on the Bermuda Stock Exchange, leaving The Royal Gazette/BSX Index unchanged on 2,077.48. Butterfield Bank’s US-listed shares fell nine cents, or 0.32 per cent, to close on $28.07 on the New York Stock Exchange. On the BSX, the bank...

Telecoms industry veteran Vicki Coelho has been appointed chief executive officer of the recently merged advertising agency AAC and online ticketing and events solution company Ptix. In a statement, the company said that Ms Coelho “is an experienced ...

Law firm Cox Hallett Wilkinson Ltd has achieved Tier 1 status in the latest International Financial Law Review 1000 rankings. The rankings year-on-year are compiled by a team of specialist legal journalists. First published in 1982, the IFLR is the o...

The Bermuda offices of international law firms Appleby and Conyers have achieved Tier 1 status in the latest International Financial Law Review 1000 rankings. The rankings year-on-year are compiled by a team of specialist legal journalists. First pub...

The Bermuda Stock Exchange rang a bell to open trading yesterday for the first time in its 48-year history. Ed Christopher, Town Crier for the City of Hamilton, rang in the trading day to draw attention to “Ring the Bell for Financial Literacy”, a jo...