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A company that Arbitrade said would be its partner in a $10 billion gold bullion deal in Dubai is not a member of that city’s gold exchange. It raises a question over a claim by the founder of Arbitrade, Troy Hogg, who said the company was in partner...

Bermuda has received plenty of satisfaction from its insurance and reinsurance sector during the past 25 years. A big part of that is due to a group of pioneers who were likened to The Rolling Stones of the industry when they appeared at the 25th ann...

XL Catlin’s operations will become part of new division of French insurance giant Axa, to be named Axa XL. Details of the rebranding and operational combination of the two companies comes after the announcement of Axa’s $15.3 billion acquisition of B...

The Association of Bermuda International Companies has invited chief executives of all its member companies to sign a pledge on diversity and inclusion. The pledge includes the implementation of unconscious bias education, to welcome “difficult” conv...

No trades were made on the Bermuda Stock Exchange today. The Royal Gazette/BSX Index closed where it started at 2,679.66. Butterfield Bank’s US-listed shares fell 18 cents, or 0.4 per cent, to close on $46.97. The BSX Insurance Index fell 10.7 points...

Clothing store TABS launched its first women’s collection at the Bermuda Fashion Festival last weekend. TABS, which stands for “The Authentic Bermuda Shorts”, is located on Reid Street, Hamilton, having launched five years ago. Rebecca Singleton, fo...

Aspiring young entrepreneurs are invited to attend the seven-day “BizCamp” at the Bermuda College this month. The camp, to be held from July 16 to 20, and July 23 and 24, is being staged by the Youth Entrepreneurship Initiative in conjunction with th...

Shares of One Communications Ltd fell 5 cents in Bermuda Stock Exchange trading yesterday. The telecommunications group dipped 1.7 per cent to close on $2.90 as 4,469 shares changed hands. Butterfield Bank and Ascendant Group each saw trading activit...

Shares of Somers Ltd, Ascendant Group Ltd and BF&M Ltd all rose in Bermuda Stock Exchange trading. Financial-services holding company Somers, parent company of Bermuda Commercial Bank, surged $1, or 6.6 per cent, to $16.25 on low volume, as 400 share...

Ascendant Group Ltd has seen a record number of girls sign up to its Stem camp this year. The camp caters to middle school students looking to enhance their skills in science, technology, engineering and mathematics, by developing challenging robotic...