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The Royal Gazette/BSX Index plunged 86.52 points, or 6.36 per cent. The Bank of Butterfield dropped 20 cents, or 10.1 per cent, to $1.79 after 17,431 shares sold. The bank’s preference shares also fell, by $20, or 1.9 per cent, to $1,030 after 44 sha...

Reinsurance company PartnerRe has announced two new directors. Bilge Ogut and Nikhil Srinivasan have both joined the board as independent directors. John Elkann, PartnerRe chairman, said: “On behalf of the board, I would like to extend a warm welcome...

Most of us have heard the phrase “elevate your game!” We all use elevators to move from lower to higher floors in a building. In your personal and business lives what do you do to move up and provide a better level of service to your community, your...

Vodka tsar Roustam Tariko has based his $100 million private jet in Bermuda, The Royal Gazette can reveal. The massive Boeing 737 — a passenger jet converted to VIP standard — will be operated by the island’s Longtail Aviation. Martin Amick, CEO of ...

Three students have received a share of a $10,000 education award from Stevedoring Services. Through the Stevedoring Services Limited Education Awards programme an annual $10,000 education award was created to assist student-dependents of Stevedoring...

The Association of Bermuda International Companies has handed out $553,000 in scholarships to a total of 21 students. The awards were presented at a special lunch at Harbourfront restaurant at the Bermuda Underwater Exploration Institute on Crow Lane...

A total of 195,000 shares worth $828,750 traded on The Royal Gazette/BSX Index. The Bank of Butterfield saw 25 of its preference shares trade, lifting the price up $9.99, or 1 per cent, at $1,050. HSBC Holdings’ shares ended the day 20 cents higher a...

A new restaurant with a Caribbean flavour is to open in Warwick. And the public was given the chance to pick the name for the new venture in the old Hunt’s grocery store — with a prize of food from the restaurant worth a total of $300 if their name i...

Two hospitality students got help with the cost of their studies thanks to a golf tournament held in memory of a top chef. Indiyah Mendes has been awarded $10,000 to help support her study for a degree in international hospitality and tourism managem...

TOKYO (Bloomberg) — Japan’s bond investors are so desperate for yield that more and more of them are putting money in notes from insurers whose value can be wiped out by unexpectedly strong hurricanes or earthquakes. Catastrophe bonds in the US yield...