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Somers Ltd, owner of Bermuda Commercial Bank, said net income fell nearly 40 per cent to $19.4 million for the year ended September 30. The financial-services holding company with interests in the UK, Australia and Ireland said BCB had made a $1.1 mi...

Barring a collapse in the last few weeks of the year, US stocks will post their ninth consecutive calendar-year gain once you include dividends. The only other time the S&P 500 has advanced for nine straight years on the basis of total returns was in...

Dear Dave, What do you think about online investing apps, and the way they allow you to jump in and out of stocks for really low fees? — Anonymous Dear Anonymous, I don’t think about them, and I don’t use them. And I don’t play single stocks — perio...

Bermis are on the road. The island’s newest electric car has been licensed by the Transport Control Department, and customers can now buy the nifty runarounds. Mike Swan, the entrepreneur who brought the pocket-sized vehicles to the island, is hopefu...

“Bionic underwriters” could soon be transforming the insurance industry, combining experienced judgment and human ingenuity, but supported and enhanced by the speed and strength of technology. That was a vision expressed by Albert Benchimol, chief ex...

Polaroid instant cameras have come full circle and are back in style, proving popular among locals. The instant camera uses self-developing film to create a print shortly after taking the picture. The Polaroid camera was invented by scientist Edwin ...

Bermuda Aviation Services Ltd has suspended dividend payments to shareholders amid an in-depth review of its businesses as it posted a half-year loss of $0.3 million. The Bermuda Stock Exchange-listed company said the loss in the six months ended Sep...

The Royal Gazette/BSX Index fell by more than 1 per cent on falls in the share prices of Butterfield Bank and One Communications Ltd. Telecommunications group One was the most actively traded stock on the Bermuda Stock Exchange and fell 24 cents, or ...

Shares of Bermudian-based Nordic American Tankers lost more than a quarter of their value yesterday after the company priced a share offering well below its market price. Low charter rates for oil tankers have hit the company’s bottom line in recent ...

Health insurance has come a long way from the traditional role of paying out when individuals are ill to a more proactive role in managing patients’ own healthcare cost. And not only in Bermuda is the role of the health insurer changing. This was one...