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The Bank of Butterfield was a double winner in Bermuda and New York today. Shares in the bank went up 30 cents, or 1 per cent, to $30.50 in Bermuda Stock Exchange trading after 1,952 shares traded. On the New York Stock Exchange, Butterfield closed u...

Preparation. The key to achieving success in anything we do is preparation. Not just a half-hearted attempt but a researched, planned, and thoughtful process. When we use a cautious and detailed planning approach we reduce many of the risks associat...

International charity Oxfam has singled out Bermuda’s HSBC in a major report on the use of tax havens by the top 20 European banks. The Oxfam report said that 26 per cent of profits generated by the top 20 banks in the EU were made offshore — althoug...

Colonial’s wellness programme has received a makeover and a new name in a bid to get more people off the couch. Since the insurer introduced the programme it has seen more than 5,000 participants in more than 60 companies leading a healthier lifestyl...

Bank of Butterfield shares today dropped 80 cents to $30.20 in Bermuda Stock Exchange trading. The 2.6 per cent fall came as 6,080 shares traded. On the New York Stock Exchange, the bank was up 1 cent or 0.03 per cent to $30.37. Insurance firm Argus ...

Japanese giant Sompo has completed its takeover of island-based insurance and reinsurance firm Endurance Specialty in a $6.3 billion deal. Now Endurance will be integrated into Sompo Holdings through the creation of Sompo International, which will be...

A baker specialising in pies is to open officially tomorrow. The Pie Factory, which was based in Pembroke for more than 20 years, now operates from a new premises, complete with a store, at 6 Parliament Street And owner Sonia Furbert said the fresh s...

Massive car transporter ships have been banned from Hamilton Harbour during the American’s Cup on safety grounds. But car dealers on the island said the cancelled visits in May and June would have a minimal effect on supplies of vehicles on the islan...

A luxury vacation home concierge service is making life easier for Bermuda homeowners and their guests. Crown Point — Luxury Vacation Homes Concierge has grown in the past few years as more homeowners have opted to rent out studios, apartments and ho...

Utilities fared well while financial-services companies did not in Bermuda Stock Exchange trading last week. Ascendant Group, the owner of power company Belco, was the market’s best performer, gaining 30 cents, or 4.2 per cent, to close on a 52-week ...