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The number of Bermuda property sales hit a five-year high last year, real-estate firm Coldwell Banker said yesterday. A total of 302 properties sold last year, up from 250 in 2014, with sales volume hitting more than $324 million, a slight rise on fi...

The Royal Gazette/BSX Index closed unchanged at 1,225.28. The Bank of Butterfield saw 10,792 shares move, leaving its price unchanged at $1.70. A total of 2,000 shares in financial firm Somers Ltd sold, with its price also unchanged at $13. Insurance...

Professional services firm Deloitte Ltd has announced two partner promotions. Elizabeth Cava has been given the role of audit partner, while Rachelle Frisby has been appointed financial advisory partner. Ms Cava has more than 13 years’ experience wit...

As business plans go, it was one that seemed highly unlikely to succeed. Make no mistake, the idea was noble — to set up a business and use its revenue-generating side to support a non-profit organisation that would help tens of thousands of people l...

A glass fusion school is breaking the mould at Dockyard. Studio8 Glass, part of Bermuda Glassworks, is now offering workshops in glass fusion to make jewellery and other items. Matt Hooper, who runs the studio while also working in the main glasswork...

The global insurance-linked securities market shrank by more than $1 billion in the second quarter, as new issuance slowed. That is according to a report by insurance blog website Artemis.bm, which found that new issuance of catastrophe bonds and ILS...

A former liquor store in Warwick last weekend reopened as part of the pharmacy and retail company Phoenix Stores. And Phoenix has kept the Hayward’s Liquor Store name, which was part of the White’s supermarket group that folded four years ago. George...

KeyTech Group and Bermuda Aviation Services each saw double-digit gains in Bermuda Stock Exchange trading last week. BAS was the biggest climber, soaring 41.3 per cent on the trading of 53,864 shares. The diversified services company gained 95 cents ...

Bermuda will host the island’s first aviation industry conference later this year, attracting air-finance and aircraft registration experts from around the world, the Bermuda Business Development Agency announced today. The sixth annual Offshore Airc...

Axis Insurance has named a new executive vice-president of commercial management solutions. Mark Paccione, formerly a senior vice-president in the same specially for the company’s northeast region, will lead the Axis team responsible for commercial p...