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Brain teaser: of stocks, flows, apples and oranges. A couple of weeks ago, I received a text that was described to me as a “finance brain teaser” from [redacted]. The brain teaser Sam has $50. He keeps a running tally of his spending activity and th...

Bermudian-based internet service provider Bluewave has won an award for “connecting the unconnected” at the inaugural Canto Innovation Awards. The company and Mimosa Networks, its fixed wireless solutions partner, collected the accolade at an awards...

Butterfield Bank shares hit a new 52-week high, rising $1.25, or 2.5 per cent, to $50,75 after 13,500 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange the bank’s shares were up 48 cents, or 0.94 per cent, at $51.71. Meanwhile, on...

Bacardi Limited has appointed Lee Applebaum as chief marketing officer for Grey Goose vodka. He will be based in Bermuda. Mr Applebaum will also continue as global chief marketing officer for Patrón Spirits, and when away from Bermuda will spend time...

The Institute of Directors Bermuda is celebrating the success of four professionals who have been awarded the diploma in company direction. Cheryl Ann Mapp, Francine Mason, Andrew Gibbs and Neil Glass successfully completed the institute’s company di...

An innovative new investment fund that lends capital to growing businesses in Canada has been listed on the Bermuda Stock Exchange. The Anaplans Institutional Insured Credit Receivables Fund Ltd partners with credit insurers to insure the loans, affo...

A young entrepreneur who read a tweet by Sir Richard Branson and then borrowed money to attend a charity event so that she could meet the business magnate, is today a successful businesswoman and one of Forbes’ “30 under 30”. Meeting Sir Richard was ...

Four teams of university students have spent an intensive summer period as interns within the insurance markets in London, Atlanta, Chicago and Bermuda. Many of the students, who are all undergraduates, spoke about the experience at a presentation ho...

Shares of Butterfield Bank and Argus Group Holdings traded on the Bermuda Stock Exchange, but the prices of each remained unchanged. Butterfield stayed at $49.50, as 3,087 shares changed hands. In New York, the bank’s US-listed shares gained 93 cents...

Millennials think cash is the best long-term investment. Unsurprisingly, they’re not seeing good returns. Almost one in three millennials said cash instruments, such as savings accounts and certificates of deposit, are the best place to invest money ...