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Shares of Ascendant Group Ltd fell 10 per cent in Bermuda Stock Exchange trading. The owner of power utility Belco dipped $1 to close on $9 as 16,494 shares changed hands. Butterfield Bank shares gained 25 cents, or 0.6 per cent, to close on $44.75 a...

The return of volatility in the first quarter versus 2017 was our focus last week. Some interesting pushback followed the premise that prices seem to ignore news sometimes and at other times hang on every headline. My explanation: most people have th...

Dear Dave, How do you sell a vehicle with a lien amount that’s higher than the actual value of the car? — Michael Dear Michael, First, you need to find a way to cover the difference between the amount of the lien and what you can get for the car. Le...

A popular takeaway business has expanded to another location in Warwick. The Wok Express, which originally opened in 2012, set up its first location in Middle Road, Southampton. Owners Gilles Cailliere, who has a catering background and Alexander Gui...

Meyer Group of Companies has promoted Kim Winter Bean to the new position of vice-president shore excursions and George Butterfield to the new position of vice-president freight. The company, which is involved in shipping, freight, shore excursions,...

Bermuda’s financial-services regulator plans to ramp up site visits and increase the scope of enforcement actions this year, as the island prepares for a critical international assessment. Also revealed in the Bermuda Monetary Authority’s 2018 Busine...

The Argus Group has donated $17,000 to Knowledge Quest, a scholarship charity, to fund higher education for Bermudians. The funds for the donation came from the sale of shares held in a trust in the name of John Sainsbury, a former chief executive of...

Willowbank Resort and Conference Centre has reopened as an open-to-all budget-friendly family resort. Renovations have been made, including the installation of a new swimming pool. A soft opening is under way this month with the resort expected to b...

The Royal Gazette/BSX Index ended a positive week with a quiet day as no shares traded. For the week, the index gained 10.67 points, or 0.42 per cent, to close on 2,501.91. Over the five days of trading, Butterfield Bank gained 1.1 per cent to close ...

Royalty and some of the world’s leading experts on ocean risk issues will speak at a first-of-its-kind conference in Bermuda next month. Prince Albert II of Monaco, Queen Noor of Jordan, and Peter Thomson, the United Nations’ special envoy for the oc...