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Shares of One Communications Ltd fell 15 cents in Bermuda Stock Exchange trading today. The telecoms group’s 5.5 per cent fall to $2.60 came on the trading of 7,122 shares. BF&M Ltd was the only stock to advance. The insurer gained 15 cents, or 0.7 p...

Money transfer company Western Union expects its services in Bermuda to be back to normal by September 8. An interruption to its services during the past two weeks has caused problems for residents who use the company to send money overseas. Alvin Wi...

The BAS Group intends to amalgamate its subsidiaries Integrated Technology Solutions Ltd and CCS Group Limited. The group stated this will allow ITS customers to take advantage of the breadth and depth of expertise at CCS, and allow CCS to expand it...

Axis Capital Holding’s bid to buy Novae Group has been accepted. At a general meeting in London yesterday shareholders approved the deal, with about 99.97 per cent of shareholder votes cast in favour of the proposal. The approval comes only a few day...

With the countdown under way for the release of the iPhone 8, there has been a marked decrease in sales of the iPhone 7. Diana DeSilva, who works at one of the island’s technology stores, Audio Visual Electronics, on Washington Street in Hamilton, co...

Ian Burford, formerly with Novae, has joined Bermudian-based Fidelis Insurance’s London underwriting team. He will become chairman of specialised risks from Monday. Mr Burford has more than 30 years of experience in the London insurance market, and h...

Bermudian Gemma Carreiro has been appointed general counsel and corporate secretary of Hamilton Insurance Group. Based in Bermuda and reporting to the group chief executive officer, Ms Carreiro will have responsibility for Hamilton’s legal, regulator...

Shares of Somers Limited rose by 50 cents, or 3.8 per cent, to $13.50 after 4,200 traded on The Royal Gazette/BSX Index. Meanwhile, BF&M Ltd closed 40 cents lower, or 1.9 per cent, at $20.60 after 8,200 shares changed hands. On the New York Stock Exc...

Insured losses from Hurricane Harvey are set to make it one of the top ten most costly hurricanes in US history. At least seven people have died in Texas as a result of the storm, and it is expected 30,000 people will end up having to leave their hom...

More details have been revealed about the new changes under way for a number of the restaurants at the Fairmont Southampton Hotel. The hotel has invested more than $1 million into the refurbishment of several of its dining destinations. It was origi...