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Courier firm IBC has been revamped under its new owners. The firm is to introduce lower prices and new services, including a return service and a low-cost “featherweight” category. And IBC has also linked up with overseas suppliers of goods to discou...

The Royal Gazette/BSX Index today closed down nine points, or 0.76 per cent, at 1,169.65. The sole trading of the day was in the Bank of Butterfield, which dropped two cents or 1.2 per cent to $1.62 after 5,000 shares changed hands. The BSX Insurance...

Sun Life Financial International has moved office. The company has transferred its operations from Victoria Street in Hamilton to the nearby Washington House. Niall O’Hare, Sun Life Financial International vice-president and chief financial officer, ...

NEW YORK (Bloomberg) — Puerto Rico’s bond insurers — including Bermudian-based Assured Guaranty — are urging the commonwealth to negotiate with creditors as speculation increases that the island will default July 1 for the first time on general-oblig...

Bermuda Commercial Bank will open its new office today. The bank has shifted operations from the Bermuda Commercial Bank Building in Hamilton’s Par-la-Ville Road to nearby Bermudiana Road. A spokeswoman for the bank said: “It’s much more of an open b...

PwC has appointed a new head for the Caribbean area. Frazer Lindsey has been appointed CEO of PricewaterhouseCoopers Caribbean region, which includes Bermuda, replacing Bermudian Darren Johnston, who will move to another role in the professional serv...

An entrepreneur has launched a new line of Popsicles — with an island flavour. Rikeisha Burgess has opened up Duchpops Bermuda Home-Made Popsicles in Dockyard, operating from a purpose-built kiosk next to the tourist information centre. Ms Burgess, 3...

Jill Husbands, the winner of the inaugural Fred Reiss Lifetime Achievement Award, said she feels honoured to have been chosen. And she hopes that young people seeking an insurance-sector career will look beyond the big name insurers and reinsurers an...

Telecoms firm KeyTech fell 45 cents, or 15 per cent, after 1,922 shares traded on The Royal Gazette/BSX Index. The shares ended the day at $2.55. The Bank of Butterfield went up two cents, or 1.2 per cent, to $1.64 after 35,200 shares changed hands. ...

An island delegation is flying the Bermuda flag at a major shipping conference in Greece. The Department of Marine Operations, with the Bermuda Business Development Agency, businesspeople and the shipping industry, are at the Posidonia International ...