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Bermudian insurer Ironshore may sell shares to the public or be sold by its Chinese owners, according to reports in international business media yesterday. Fosun International Ltd, the Shanghai-based conglomerate led by billionaire chairman Guo Guang...

A total of 35,054 shares worth about $93,160 traded on The Royal Gazette/BSX Index Insurance firm Argus rose one cent, or 0.3 per cent, to $4 after 1,500 shares changed hands. The Bank of Butterfield was unchanged at $1.65 after 20,000 shares traded....

Cleaner and cheaper liquefied natural gas could be powering Bermuda inside four years, a report has revealed. Consultants Castalia said that electricity generation in Bermuda could be switched over to LNG by 2020 with a pricetag of between $258 milli...

By-products. In celebration of this, my 600th weekly Booster, I wanted to talk about setting a goal, sticking to it, and how much I have learned from the process. One of the significant by-products of goal setting, developing plans of action, and fol...

A new chief executive officer has been appointed to head Bermuda’s telecoms watchdog organisation. Matthew Copeland was appointed chief executive of the Regulatory Authority of Bermuda at the start of this month. He is the third permanent chief execu...

Shares of utilities company Ascendant Group hit a new low today in Bermuda Stock Exchange trading. The Belco owner was down 15 cents, or 3.4 per cent, to $4.25 after 800 shares sold. A total of 48,338 shares worth about $180,400 yesterday traded on t...

Clarien Bank is to increase its personal base lending rate to 3.75 per cent, up by 0.25 of a percentage point. The rate hike will bring it in line with Butterfield Bank’s rate, while HSBC Bermuda’s rate currently stands at 3.5 per cent. Customers wit...

A fourth consecutive month of lower fuel and power prices kept the lid on inflation in January. The fuel adjustment rate on Belco bills fell 11.1 per cent in the first month of the year, thanks mainly to a fall in the price of the diesel and heavy oi...

Zoe Kravitz, the American actress, has revealed she is a fan of Bermuda’s trademark dark ‘n’ stormy cocktails. And millions of viewers watched as the star treated Jimmy Fallon, the chat show host, to the drink on The Tonight Show last Tuesday. Nancy ...

An expert in making sure businesses are in line with tough laws to crack down on money-laundering and terrorist financing has launched his own firm. Jarion Richardson quit his job with law firm Appleby, where he was compliance manager, to branch out ...