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Bermuda Elevator Systems has won a contract to install elevators and escalators in the new airport terminal. Aecon Group, a partner in the project to redevelop the LF Wade International Airport, announced the news today. Bermuda Elevator, founded in ...

XL Group is moving its main European Union insurance operation from London to Dublin in response to Britain’s impending departure from the European Union. The Bermudian-based insurer and reinsurer made the announcement today after a meeting between M...

Davidrose Jewelry plans to open a new store in Hamilton. The new location, at 47 Front Street in the Walker Arcade, will officially open for business later this year. David Zuill, the co-owner of Davidrose Jewelry, expressed his excitement over the e...

Two leading economists visiting Bermuda brought global economic developments into focus, discussing why Britain is unlikely to get a Brexit “sweetheart deal” from the European Union, and the US Federal Reserve’s expected unwinding of its $4.5 trillio...

Shares of Ascendant Group, the parent company of Belco, finished the week 65 cents lower, or down 7 per cent, at $8.60 after 9,000 were traded on The Royal Gazette/BSX Index last week. Another faller was BF&M Ltd, which lost 10 cents, or 0.5 per cent...

One Communications Ltd today announced net income of $8 million for the first half of this year. Operating income for the six-month period ended June 30 was $7.9 million, the telecommunications group said in an announcement through the Bermuda Stock...

Shares of Somers Limited gained 25 cents, or 1.9 per cent, to close at $13.75 after 1,000 traded on The Royal Gazette/BSX Index. Also improving was Butterfield Bank, which was 25 cents higher, or 0.7 per cent, at $34.25 after 3,500 shares changed han...

BF&M Ltd today announced the retirement of its corporate secretary Lynda Davidson Leader. The position will be filled by Stephanie Hanson, appointed to the new role of group general counsel and group compliance officer, effective today. In her role...

The forecast calls for a market correction. The hard part is figuring out what to do about it. On Tuesday, billionaire hedge fund manager Leon Cooperman joined a long list of money mavens who foresee trouble for US stocks. Cooperman told the CNBC Ins...

Dear Dave, I’m 58 years old and have nothing set aside for retirement. My wife and I are on Baby Step 2 of your plan and paying off debt. We have $37,000 in debt not counting our home, and five kids still at home. We have a household income of $73,00...