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A summer intern programme aimed at giving students a taste of work in the insurance industry has kicked off. A total of six students, four Bermudian and two from overseas, yesterday started the three-week programme, run by the Bermuda Foundation for ...

A long-running pots and planters business is up for sale. And owner Debbie Lombardo, who is retiring, said the Lots of Pots store at the Bermuda Athletic Association in Hamilton offered room for growth and branching out into other goods. Ms Lombardo ...

Island telecoms firm Logic has signed up with an America’s Cup competitor. The company will supply internet services to SoftBank Team Japan’s Bermuda headquarters. Charles Cope, Logic’s business development manager, said: “Logic is pleased to be offi...

More than 700 people are expected to attend a major conference on insurance captives next month. Ross Webber, chief executive officer of the Bermuda Business Development Agency said this year’s Bermuda Captive Conference would be “bigger and better t...

MILAN (Bloomberg) — PartnerRe exited junk bonds and shifted funds into property as the Bermudian reinsurer reshaped a $16.3 billion investment portfolio after being acquired by Italian investment firm Exor SpA. Exor’s approach is to focus on holdings...

Bermudian engineering company Brunel has won a contract for structural and civil engineering at the airport redevelopment. The firm was appointed by Canadian company Aecon, the lead firm in the airport project. Steve Nackan, the president of Aecon Co...

The Royal Gazette/BSX Index today closed down 3.80 points, or 0.33 per cent, at 1,154.89. Insurance firm Argus dropped 19 cents, or 5.4 per cent, to $3.31 after 1,000 shares sold. Bank of Butterfield was unchanged at $1.62 after 18,500 shares changed...

Bermuda businesses are to be briefed about money-spinning opportunities from the upcoming America’s Cup. The Bermuda Tourism Authority is to hold a special session for businesses involved in the tourism market next month. The free event will take pla...

Electricity prices are to rise after regulators gave power utility Belco permission to increase its rates for the first time in three years. The new rates, which will take effect next month, will result in residential customers paying 8.7 per cent mo...

A new gym is to open at the Hamilton Princess. Run by international company Exhale, the fitness centre will open its doors at the start of next month. Monique De La Rosa, Exhale spa director, said: “A lot of planning and vision went into the design a...