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The Royal Gazette/BSX Index closed flat for the week as Butterfield Bank’s advance offset falls for four domestic-board companies. One Communications, the telecommunications group, was both the biggest faller and the most actively traded stock on the...

NEW YORK/LONDON (Reuters) — Companies without cyber insurance are dusting off policies covering kidnap, ransom and extortion in the world’s political hotspots to recoup losses caused by ransomware viruses such as “WannaCry”, insurers say. Cyber insur...

Water tours operator Sail Bermuda has doubled its fleet with a new 47-foot catamaran. The refitted Wyuna joins the existing traditional monohull yacht Shekynah in the firm’s fleet. Caleb Zuill and wife Marilyn, who run the company founded by his fath...

Shares of energy utility Ascendant Group, the parent of Belco, improved by 25 cents, or 3 per cent, to $8.50 after 17,300 traded. The Royal Gazette/BSX Index closed at 2,043.76, up 2.41 points, or 0.12 per cent. On the New York Stock Exchange, shares...

The Bermuda Stock Exchange will be closed on Wednesday to mark Bermuda Day. A BSX spokeswoman said that exchange will operate as normal from Thursday.

Butterfield Bank’s credit rating has been upgraded by Fitch Ratings. The New York-based rating agency said today that it had raised the bank’s “viability rating” to “bbb” from “bbb-” after its review of the bank. Fitch has also affirmed Butterfield’...

Bermudian companies will have to update their beneficial ownership details if a proposed new law takes effect. At present, firms are only required to file beneficial ownership at formation — with no obligation to inform island authorities of any chan...

When it comes to debt, student loans and credit cards can be detrimental to the financial success of young adults. The devastating mistakes students make in college can haunt them for years and keep them from stepping into the next phase of life with...

One of the star names of the 35th America’s Cup will be signing autographs this morning at Diamonds International Bermuda store in Dockyard. Sir Ben Ainslie is the most successful sailor in Olympic history. He also helped Oracle Team USA successfully...

Rosewood Tucker’s Point Hotel and Resort has been sold to the Miami-based firm Gencom and is out of receivership. According to an official announcement yesterday, the hospitality development company will invest $25 million into the property, with add...