Log In

Maiden Holdings Ltd’s first-quarter profit fell by 24 per cent to $20.5 million, the island-based reinsurer reported last night. The earnings, which broke down to 23 cents per share, compared to $27.2 million, or 35 cents per share in the first three...

President Donald Trump recently announced the massive changes that he wants to make to the Internal Revenue Code. The announcement consisted of broad parameters with no details as to implementation. In summary, the plan is to reduce the corporate tax...

The Bank of Butterfield lost 13 cents, or 0.38 per cent, on the New York Stock Exchange to close at $34.48. The bank’s shares were unchanged at $34 on The Royal Gazette/BSX Index. Telecoms company One Communications remained at $2.94 on the local exc...

Hiscox Ltd will set up a new unit in Luxembourg in response to Britain’s decision to leave the European Union. The island-based company, which is also one of the largest operators in the Lloyd’s of London market, said that all its European retail bus...

One Communications today announced that its 4G LTE network is now widely available across the island. The company first launched its ultra-fast 4G LTE wireless mobile network in the City of Hamilton, in May 2016. And with the awarding of additional ...

A batch of Bacardi-owned Bombay Sapphire gin has been recalled in Canada after it was found to have nearly double the alcohol content listed on the bottle. Up to 6,000 bottles of the gin, famous for its distinctive blue bottle, are thought to have be...

Established restaurant Thyme has new management in place. Bryden Pedro and chef Cameron Floyd have taken the reins at the Paget restaurant, with a lunch menu on offer. But the pair expect to be open for dinner within the next two weeks. Mr Floyd, a v...

Shares of Butterfield Bank, BF&M and One Communications all climbed as The Royal Gazette/BSX Index climbed 3.4 per cent last week. Butterfield was the biggest contributor to the index’s climb, gaining $1.50, or 4.6 per cent during the five days of tr...

NEW YORK (Reuters) — Bermudian-based bond insurer Assured Guaranty, which has more than $5 billion at stake in Puerto Rico’s debt crisis, has sued the US territory and its financial oversight board, objecting to a fiscal turnaround plan approved by t...

There was no change to The Royal Gazette/BSX Index, which remained at 2,075.92. Only 84 shares of Butterfield Bank were traded, with no change to the closing price of $34. On the New York Stock Exchange the bank’s shares fell four cents, or 0.12 per...