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The company building the island’s new airport terminal has agreed to be taken over by a Chinese firm. But Aecon emphasised that it will be “business as usual” with the airport redevelopment project. CCCC International Holding, a subsidiary of China ...

Shares of Bermuda Press (Holdings) Ltd, parent company of The Royal Gazette, improved by $1.25, or 25 per cent, to $6.25 after 2,700 traded on The Royal Gazette/BSX Index. Also improving was BF&M Ltd, which ended the day up 70 cents, or 3.8 per cent,...

Validus Holdings Ltd posted a third-quarter net loss of more than a quarter of a billion dollars, driven by heavy catastrophe losses. However, chairman and chief executive officer Ed Noonan said the hit could have been worse, but for the high quality...

World-renowned sailor Jimmy Spithill is selling his house in Bermuda, with an asking price of $8.5 million. The skipper of Oracle Team USA in June’s America’s Cup had bought the house at 62 Harbour Road, Warwick, after the team based itself on the is...

A popular town centre café has created a healthier approach to dining. Café 4 has always been known for its unique mix of foods, from the salad bar to sandwiches, sushi and more. The eatery in Windsor Place, Queen Street, has undergone changes to cr...

As seen on television and in most trendy stores overseas, an international style consultant has now been introduced locally by Gibbons Company to enhance services within the store. Paula Clarke, CEO of Gibbons Company, said: “We are bringing on Shiva...

Butterfield Bank has entered into an agreement to acquire Deutsche Bank’s Global Trust Solutions business, excluding its US operations, it announced this morning. Terms of the agreement have not been disclosed. Upon completion of the transaction, wh...

Butterfield Bank was the only stock that traded on The Royal Gazette/BSX Index. After reporting third quarter profit of $41.1 million, and announcing a planned acquisition of Deutsche Bank’s Global Trust Solutions, the bank’s shares closed unchanged ...

Axis Capital Holdings Ltd tonight reported a third-quarter net loss of $468 million, as it dealt with hefty claims related to natural disasters. The Bermudian insurer and reinsurer estimated catastrophe pre-tax net losses at $617 million, resulting ...

Butterfield Bank has reported a profit of $41.1 million for the third quarter, up $5 million on the previous three months. The results were released this morning, along with news that the bank is to acquire Global Trust Solutions from Deutsche Bank. ...