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Shares of Argus Group were the biggest gainer on The Royal Gazette/BSX Index last week. The stock ended the week at $4.38, up 37 cents, or 9.2 per cent, after 41,200 were traded. Also improving were shares of Butterfield Bank, which edged up to $25.1...

Asset management professionals considering where next to seek investment yield and growth were pointed towards water at the Global Fund Forum in Bermuda. And not only through obvious investment routes, such as a stake in water utility companies, but ...

Bermuda is being represented at the Society of Trust and Estate Practioners Asia conference in Hong Kong, by Keith Robinson of Appleby Bermuda. Mr Robinson is a partner in the firm, and is also chairman of STEP Bermuda. At the conference, which takes...

Paint firm Devonshire Industries today rose 25 cents to $5.75 in Bermuda Stock Exchange trading. The 4.5 per cent rise came after 200 shares traded. Butter field Bank was unchanged at $25.10, while on the New York Stock Exchange, the bank’s shares ro...

Dear Dave, My husband owns a small landscaping and masonry company. His profits over the last couple of years have been about $80,000 annually. We were wondering if we should be setting aside some retained earnings. KIM Dear Kim, Yes, all businesses ...

Bermuda yesterday hit back after the chief executive officer of Lloyd’s of London said Bermuda “stole” the insurance-linked securities market from the city. Ms Beale, speaking at an insurance industry conference in Germany earlier this week, said: “F...

A hi-tech flying car could make its world debut in Bermuda to coincide with next year’s America’s Cup. The makers of the three-wheel PAL-V, which converts from a road vehicle into an aircraft in minutes, said the island was the perfect place to launc...

The Royal Gazette/BSX Index closed unchanged at 1,617.14 after a day of no trades. The BSX Insurance Index rose 3.84 points, or 0.23 per cent, to 1701.15.

Awards of radio spectrum will help to enable 4G mobile services in the Great Sound area in time for next year’s America’s Cup. The Regulatory Authority last night announced it had given both CellOne and Digicel bandwidth for the introduction of 4G su...

Aspen Insurance Holdings Ltd reported earnings in line with analysts’ estimates as it overcame $24.9 million in catastrophe losses. The Bermuda insurer and reinsurer posted operating income after tax of $69.3 million in the third quarter, or 97 cents...