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Seven of Bermuda’s promising young entrepreneurs impressed the judges at the first Youth Pitch hosted yesterday by the Bermuda Economic Development Corporation. The two winners, who will progress to next Thursday’s Rocket Pitch finals, were Chaella B...

Leading figures from international business have come out in Bermuda’s defence after a blitz of unfavourable media coverage based on hacked data from law firm Appleby. The group, which includes Patrick Tannock, chairman of the Association of Bermuda ...

Three stocks gained in Bermuda Stock Exchange trading to drive The Royal Gazette/BSX Index 0.74 per cent higher. Ascendant Group Ltd, parent of power utility Belco, gained the most ground, climbing 25 cents, or 2.7 per cent, to close on a 52-week hig...

Third Point Reinsurance Ltd reported third-quarter earnings of $54.7 million, as its investment returns comfortably outstripped underwriting losses. The Bermudian reinsurer also announced that John Berger will step down as chairman on December 22, t...

Fund administrator Centaur Fund Services (Bermuda) Ltd has appointed Neil MacGuinness as head of investor services. Mr MacGuinness has previously worked for Citi Hedge Fund Services and Horseshoe Fund Services in Bermuda, and State Street in Dublin. ...

The European Union expects to draw up a blacklist of tax havens by the end of next month — and potential sanctions are being considered against those on it. Finance ministers from the 28-country bloc met in Brussels this week and the “Paradise Papers...

In the face of the coming “insurtech tsunami”, Craig Swan of the Bermuda Monetary Authority has given pointers to the way ahead. And it is all about moving forward, staying relevant and adapting to rapid changes. Those are ingredients for Bermuda’s c...

Argus Group shares were down 15 cents, or 3.8 per cent, at $3.85 after 40,000 were traded on The Royal Gazette/BSX Index. There was also trading of 3,200 shares in BF&M Ltd, and 6,916 shares of Ascendant Group, but with no change to the respective cl...

Belco has hit back over the Regulatory Authority’s claim that what the utility decides to do about its ageing generators is a “business decision for Belco”. Instead, the utility says it needs to get permission from the regulator before it can dispose...

Tattoo parlour Smokin Joe’s has found success in its first five years with a group of staff who think of themselves as being like family. Joseph Mathias, the King Street establishment’s owner, aims to inspire the next generation to pursue their craf...