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One Communications has admitted making an error in its six-month unaudited financial statements published last December. And now the Bermuda Stock Exchange has extended the deadline for the telecommunications firm to file its full-year audited financ...

The Royal Gazette/BSX Index closed unchanged at 2,041.60 after a day of no trading on the Bermuda Stock Exchange today. Butterfield Bank’s New York Stock Exchange-listed shares gained 6 cents, or 0.46 per cent, to $34.95. The BSX Insurance Index ende...

Hamilton Insurance Group has made two senior role changes. Keith Bernhard, who previously worked in audit and risk management at the company, is now chief audit officer and Wendy Davis Johnson, who joined the firm in 2015, has become chief communicat...

Nordic American Tankers is experiencing lower daily charter rates for its fleet of 30 Suezmax tankers during this quarter than it did in the first three months of the year. However, Herbjørn Hansson, chief executive officer, said the rates remain wel...

When Belco workers opened up one of the their huge generators — known as E3 — for a routine overhaul last month, they got a nasty surprise. Inside the heavy oil-burning beast, half of the 16 connecting rods that link the pistons to the crankshaft wer...

Butterfield Bank has jacked up lending rates by 0.25 of a percentage point after the US Federal Reserve yesterday raised its short-term rates by the same amount — the third American increase since December. The Butterfield base rate for residential m...

The Royal Gazette/BSX Index closed unchanged today at 2,041.6 after a day of no trading. The Bank of Butterfield lost 8 cents, or 0.23 per cent, to $34.79 on the New York Stock Exchange. The BSX Insurance Index ended the day up 3.89 points, or 0.2 pe...

The Bermuda Business Development Agency has announced the appointment of Greg Wojciechowski to its board of directors. Mr Wojciechowski, chief executive officer of the Bermuda Stock Exchange for the past 15 years, joined the BDA board this month. “On...

Six Bermudian university students have started the annual ten-week Chubb Select internship. The dedicated insurance internship aimed at Bermudian university students who are considering a career in Bermuda’s international insurance industry. The pro...

A study has revealed how the importance of embracing digitalisation is creating leaders and laggards across the business world. Sponsored by XL Catlin, the Harvard Business Review Analytic Services study, entitled Operationalising Digital Transformat...