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Britain has revealed details of its plans to seize a slice of the global catastrophe bond business that Bermuda dominates. A new regulatory framework and exemptions from corporation tax for the sector are among the proposals put forward by the UK Tre...

Ascendant Group Limited, the parent company of Belco, has repurchased 710,000 of its own shares. The shares were bought at price of $7 each, and 6.6 per cent of Ascendant’s overall listed securities issued as at the date of the trade. In a statement ...

The Royal Gazette/BSX Index finished flat, despite a turnover of almost $5 million worth of shares. Ascendant Group Limited, the parent company of Belco, repurchased 710,000 of its own shares, at a cost of $7 per share, in accordance with BSX regulat...

Seadrill Ltd’s earnings beat forecasts as the Bermudian-domiciled offshore rig company controlled by billionaire John Fredriksen continues to cut costs and sees signs of improvement in a challenging market. Third-quarter earnings before interest, tax...

Five years after Black Friday became a significant shopping event in Bermuda, tomorrow’s annual sales bonanza is shaping up to be the biggest yet. Shoppers and retailers have embraced the US tradition, which is marked by hefty discounts at stores on ...

Argus Group shares rose 35 cents, or 7.6 per cent, to $4.95 after 10,000 traded on The Royal Gazette/BSX Index. Butterfield Bank shares fell by 75 cents, to $27.75, after 100 changed hands, while shares of HSBC Holdings were down 20 cents at $7.85 af...

A 14-year-old robotics specialist from Berkeley Institute stole the show at the 2016 TechAwards. Themed a Celebration of Entrepreneurship and Innovation, the awards night saw an audience of more than 100 tech entrepreneurs offer the greatest applaus...

Business leaders might question the sanity of deliberately inviting a cyberattack against their company, but when done right it can prove to be a valuable experience. The effective deployment of trained teams seeking to exploit cyberweakeness can sho...

There were no trades on the Bermuda Stock Exchange today. The Royal Gazette/BSX Index remained at 1,793.06. While Butterfield Bank shares did not trade on the BSX, they climbed 18 cents, or 0.6 per cent, to close at $29.18 on the New York Stock Excha...

Retailers took 5.7 per cent more at the till in September than they did in the same month a year earlier, according to government statistics. The gains were led by motor vehicle sellers and building supplies stores, whose sales rose by double-digit p...