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An innovative island firm is to hold Bermuda’s first extreme sports competition in the heart of Hamilton. Team Oni Racing Club will put on a total of six events on land and in Hamilton Harbour as part of its Xtreme Sport Showdown next month. The even...

Ascots has topped a list of Bermuda restaurants on an influential travellers website. The Pembroke institution, which has been in business for 25 years, was awarded top spot and a certificate of excellence by Trip Advisor, based on reviews by the pub...

In recent years there has been an international emphasis on improved standards and systems of tax transparency and an effort to combat base erosion and profit shifting (BEPS) due to governments’ need for revenue and the efforts of multinational enter...

The Royal Gazette/BSX yesterday closed down 27.32 points, or 2.34 per cent, at 1,158.69. Shares in telecoms firm KeyTech dropped $1.25, or 38.5 per cent, to $2 after 3,663 shares traded. Bermuda Press (Holdings) Ltd, the parent company of The Royal G...

The continuing low price of fuel and electricity helped drive down inflation to 1 per cent in March. It was the third consecutive month that inflation has fallen since it hit 1.8 per cent in December. Inflation in March was 0.3 percentage points lowe...

Insured losses from the ongoing wildfires around Fort McMurray, in Alberta, Canada, have been estimated at between $3.4 billion and $6.9 billion (C$9 billion) by catastrophe modelling firm AIR Worldwide. And the disaster could have a bigger impact on...

Mergers and acquisitions in the reinsurance industry will continue, an expert from ratings agency AM Best predicted yesterday. But John Andre, group vice-president, said that any new mergers would likely be on a smaller scale than the past few years,...

The Esso City gas station, in Hamilton, is switching to new operators from the end of the month. H and M Service Stations will replace FC Service Station Ltd, run by Craig Cannonier, the Bermuda Government Minister for Public Works, which has operate...

The Royal Gazette/BSX closed up 4.73 points, or 0.40 per cent, at 1,186.41. The sole trading of the day was 5,400 shares in utilities firm Ascendant, which pushed its price up 49 cents, or 10.9 per cent, to $4.99. The BSX Insurance Index ended the da...

The Argus Group has launched an online training programme for its employees called Argus U. Argus U consists of more than 10,000 courses and new content will be added on a regular basis. “Argus U takes a holistic approach to employee training by off...