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Business confidence has grown over the past few months, a major survey has shown. And Bermuda-only businesses outstripped their international counterparts in the optimism stakes. Local business hit 105.9 in the second survey of last year, up 5.3 poin...

NEW YORK — Hedge fund manager Dan Loeb, seeking to recover from years of underperforming the S&P 500 Index, said he’s optimistic about his approach in the Donald Trump era, as many stocks still have room to advance after the post-election rally. “I’m...

There were mixed fortunes in Bermuda Stock Exchange trading last week as three stocks fell, but two others rose by double-digit percentages. The heaviest trading activity was in shares of Argus Group Holdings Ltd, which fell 20 cents, or 4.2 per cent...

NEW YORK — American International Group’s headcount fell by 10,000 last year as chief executive officer Peter Hancock sold units and cut jobs. The number of employees fell by 15 per cent to 56,400 as of December 31, New York-based AIG said in a regul...

Two new members have joined the board of Bermudian-based Argo Group International Holdings. Dee Lehane and Al-Noor Ramji both have a background in insurance. Ms Lehane was previously managing partner Global Insurance Industry for Accenture, where she...

A US-based start-up firm is to trial a Bermuda service to allow deaf and speech impaired people to communicate more effectively with telecoms and power suppliers. Pypestream, in partnership with the Bermuda Islands Association of the Deaf, is to run ...

Bermuda financial watchdogs have slapped a $1.5 million fine on financial services firm Sun Life Financial Investments for failing to comply with anti-money laundering and antiterrorist financing laws. And the Bermuda Monetary Authority has banned th...

Argus Group shares fell five cents, or 1.1 per cent, to $4.50 after 7,500 traded. There was also trading of Butterfield Bank shares, with 1,000 changing hands, and Polaris Holding shares, where 5,000 were exchanged. Neither stock saw a change to its ...

Dear Dave, After listening to your show, I want to try to get control of my finances, but I’m afraid to open up the bills. I make about $60,000 a year, but it’s a real struggle just to keep my head above water financially. My chequing account is alwa...

A taste of Bermuda is now available in a specially-designed goodie bag with island flair. Authentically Local Bermuda has launched the bags, reusable and adorned with original artwork featuring a Gombey dancer and other island images, to target the l...