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The Royal Gazette/BSX Index closed unchanged at 1,918.62. Bermuda Aviation Services was also unchanged at $3 after 2,200 shares traded. On the New York Stock Exchange, the Bank of Butterfield lost six cents, or 0.19 per cent, to close at $31.55. The ...

Bermuda will reap legacy benefits as a result of major telecommunication infrastructure and service upgrades needed for the America’s Cup. It is estimated the island will use as much international data capacity during the month-long event as it norma...

The chief executive officer of XL Catlin has dismissed speculation linking him with the vacant CEO’s role at American International Group. In an internal company e-mail, Mike McGavick made clear that he had no intention of leaving the island-based b...

A mystery meeting to discuss the impact of major overseas events like the election of Donald Trump as US president and Britain’s decision to quit the EU was held yesterday. But participants in the meeting, which included the island’s Chamber of Comme...

The Royal Gazette/BSX Index closed unchanged at 1,918.62 after a day of no trading. On the New York Stock Exchange, the Bank of Butterfield was up 31 cents, or 0.99 per cent, at $31.61. The BSX Insurance Index ended the day up 4.82 points, or 0.26 pe...

The Bermuda Stock Exchange has picked up a top award from an international finance sector magazine. The accolade of “most outstanding offshore stock exchange” was given to the BSX by Acquisition International magazine. Jonathan Miles, editor of AI, s...

A bid to end a deadlock over Belco buying solar-generated energy has been launched by the Regulatory Authority. The authority, now responsible for supervision of the electricity sector, wants to hear the views of the public and interested parties on ...

Bermuda First Investment Company Limited has reported a six-month profit of $300,000. That figure includes an unrealised profit of $900,000 as of December 31, 2016. The investment holding company has investments in a number of Bermuda companies liste...

Marking World Water Day, Bermudian-based Bacardi has highlighted the water-driven, green energy efforts of one of its leading brands, Martini. Since 2010, nearly all the electricity consumed at the Martini facility near Turin, Italy, has been generat...

Telecoms company One Communications yesterday revealed pricing for its new $20 million superfast fibre-optic internet service. A speed of 200 Mbps is targeted to cost $240 a month, while 50 Mbps will come in around $170 a month. Frank Amaral, chief e...