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After Hurricane Maria, Puerto Rico’s physical destruction multiplied its financial crisis. But at least one revenue generator is up and running: rum. On the western edge of San Juan Bay in a small town called Catano, a Bacardi Ltd distillery produces...

The owners of the Bermuda Cleaning Limited have opened a janitorial supplies store located on Serpentine Road, Pembroke, where they now sell commercial grade products to the residential market. The Faries family has owned the cleaning business for ov...

Bermuda market companies are likely to pay out at least $25 billion to cover insured losses resulting from hurricanes Harvey, Irma and Maria. That is the preliminary estimate of the Association of Bermuda Insurers and Reinsurers, which said today tha...

XL Group Ltd has estimated net catastrophe losses of $1.48 billion for the third quarter. Most of the losses — about $1.33 billion — were attributed to hurricanes Harvey, Irma and Maria. The announcement comes after the Association of Bermuda Insurer...

Bermuda Security Group Ltd’s contract for passenger and baggage screening at the LF Wade International Airport has been extended until the new terminal opens in 2020. BSG, which has held the contract at the airport since 2001, is required to provide...

Shares of Devonshire Industries improved by $1, or 22.2 per cent, to $5.50 after 1,000 were traded on The Royal Gazette/BSX Index. Also improving was HSBC Holdings, up five cents, or 0.51 per cent, to $9.85 after 1,000 shares were exchanged. Ascendan...

Diversifying Bermuda’s economy through the space industry is one of the routes being explored by the Government of Bermuda. It is a sector that has been pursued for a number of years, and the impetus will continue, according to Walter Roban, Minister...

Co-operation. How many of you have really looked at this word to identify the key action word contained within — “operation”! This is an action word and when we think about how we get things done it always takes an “operation” to make everything hap...

Architects in Bermuda are looking for ways to make more businesses accessible to the physically challenged and visually impaired. The Institute of Bermuda Architects (IBA) hosted an architectural tour last week in Hamilton for members and invited ind...

Argus Group shares dropped by 23 cents, or 5.8 per cent, to $3.77 after 20,398 traded on The Royal Gazette/BSX Index. Shares of Ascendant Group improved by one cent, or 0.1 per cent, to $9.26 after 35,049 changed hands. On the New York Stock Exchange...