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The Royal Gazette/BSX slumped by 84.72 points (6.5 per cent) to 1,218.78. A total of $74,439 shares, worth about $230,258, were traded. Insurance company Argus was down 27 cents (6.7 per cent) at $3.77 after 51,600 shares changed hands, while shares ...

The Bermuda Stock Exchange’s quiet first trading week of the year had none of the drama seen in New York and Shanghai. Three domestic companies traded. The busiest trading was in shares of BF&M, which fell eight cents, or 0.5 per cent, to $16.77 as 8...

Belmont Hills Golf Course has teed off a $1.5 million renovation programme. The Warwick course is to demolish its existing clubhouse and restaurant and rebuild bigger and better facilities. The development will feature a larger members’ lounge and ba...

An Island entrepreneur has launched a new virtual gaming site. Now 22-year-old Damien Furbert is aiming to carve out a slice of the multimillion dollar global industry. And he is looking for investors and sponsors for his enterprise JoystickPlay. Mr ...

The Royal Gazette/BSX closed unchanged at 1,303.46 after a day of no trades. The BSX Insurance Index ended the day at 1,607.67, 2.78 points higher (0.17 per cent).

We must acknowledge the turmoil in the equity markets, and do so by discussing an infamous anniversary. On the off-chance you were unaware, China’s stock markets had their shortest trading day ever on Thursday as China’s CSI 300 Index plunged 7 per c...

Dear Dave, I don’t understand why you don’t like it when people properly manage their credit cards and pay them off every month. By doing this, you pay no interest and in my case I even got a free trip to Europe from using my credit card. Please expl...

Bermuda’s economic growth is accelerating, according to the latest government figures. Gross domestic product in the third quarter of 2015 was $1.35 billion — up 6.3 per cent on the same period in 2014. Real GDP growth — that is, adjusted for inflati...

The reinsurance industry is still under pressure from low prices, a top executive said this week. Aspen Re chief underwriting officer Emil Issavi added the year started with a “benign” natural catastrophe environment, a more stable economy and stable...

The London arm of Hamilton Insurance Group has appointed a new deputy active underwriter. Adrian Daws — a veteran underwriter — has joined Hamilton Underwriting Ltd, the managing agency of Lloyd’s of London syndicate 3334 and Hamilton’s Lloyd’s opera...