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LONDON (Bloomberg) — British Airways’ epic meltdown over a busy holiday weekend further fanned public outrage of an industry infamous for its focus on cost cuts over customer service, leaving the UK carrier scrambling to explain how a local computer...

It was a baptism of fire for Bermudian businesses at the opening weekend of the America’s Cup. With an estimated 8,000 people at Saturday’s sell-out opening day, and many thousands on Sunday, food and drink vendors were kept busy from start to finish...

Utilities firm Ascendant Group gained 25 cents to $8.75 on The Royal Gazette/BSX Index. The move, equal to 2.9 per cent, came after 62,000 shares sold. Bermuda Press (Holdings) gained one cent or 0.1 per cent to $8.51 after 10,000 shares changed hand...

Senior corporate leaders praise Bermuda’s world-class talent, innovation, respected regulation, and ease of doing global business from the island in a new testimonial campaign video released by Bermuda Business Development Agency (BDA) today. Brian D...

Sompo International has acquired the renewal rights to Novae Syndicates Limited’s financial institutions portfolio, excluding emerging markets. The Bermudian-headquartered speciality insurer and reinsurer reached a renewal rights agreement with Novae...

Naz Farrow will be the next chief executive officer of Colonial Group International. She has been appointed designate CEO, effective from Thursday, and will become CEO in mid-2018 when Alan Peacock retires. Ms Farrow is currently chief operating offi...

Bermudian-based oil tanker operator Frontline Ltd is continuing to grow its fleet after profits plunged in the first quarter. The company announced net income of $27 million for the first three months of the year and a cash dividend of 15 cents per s...

WASHINGTON (Bloomberg) — Democrats and Republicans, who have agreed on little this year, have found common ground on plans to give private insurers greater access to the $5 billion flood insurance programme and to offer more buyouts for homeowners in...

Island rum Goslings is set to go global with a series of adverts to be shown during coverage of the America’s Cup. The ads — which will run on two NBC channels — showcase Goslings rum, an official partner of the event, and its Stormy ginger beer and ...

Four stocks fell, and one improved on The Royal Gazette/BSX Index last week. Shares of One Communications dropped 45 cents, or 18 per cent, to $2.05 after 20,700 shares traded. Also ending lower was Devonshire Industries, down 25 cents, or 4.3 per ce...