Log In

Bermuda-based shipping company Teekay Tankers Ltd saw its profit rise in the third quarter as spot charter rates for its oil and gas tankers increased. Teekay, which owns 51 tankers of various sizes, reported net income of $41.2 million, or 30 cents ...

A Bermuda tech firm has teamed up with an international software company to provide free cyber-security checks for Island businesses. CheckPoint Software Technologies, based in Israel and the US, has joined up with Hamilton-based Independent Consulti...

Structural changes to the reinsurance industry will be the focus of the Bermuda Reinsurance Conference, sponsored by PwC Bermuda and Standard & Poor’s Ratings Services, next Tuesday. The conference will feature a number of top executives who will sha...

Shares of property developer West Hamilton Holdings Ltd surged nearly 37 per cent in Bermuda Stock Exchange (BSX) trading. The company, which owns the Belvedere development on Pitts Bay Road, gained $1.85 to close at a new 52-week high of $6.90, as 3...

Bermuda’s gross domestic product (GDP) went up 1.5 per cent to more than $1.39 billion in the second quarter of the year after adjustment for inflation. An increase in the balance on trade in goods and services — which offset a decline in investment ...

A Bermudian architect turned entrepreneur is aiming to raise the roof in the US with a revolutionary new product. Andrew Outerbridge, a former planning official with the Bermuda Government who is now based in New Jersey, has set up a factory in Guyan...

Bermuda will celebrate Global Entrepreneurship Week with nearly 40 events and activities. Bermuda Economic Development Corporation (BEDC) chairman Nicholas Kempe said that the Global Entrepreneurship Conference, held in Milan, Italy, earlier this yea...

A special series of e-business workshops is to start later this month. Sponsored by Government’s department of e-commerce and run by the Bermuda Economic Development Corporation (BEDC), the seven-part Inspire e-business workshops will focus on how t...

A lack of hurricanes hitting the US boosted profits at reinsurance firm RenaissanceRe in the third quarter of the year. The firm recorded profits of $75.5 million — equal to $1.68 per share — up $7.7 million on the $67.8 million logged for the same p...

Reinsurance firm Maiden Holdings has reported a profit of $22.5 million, or 30 cents per common share, for the third quarter. That is down from the $27.8 million made during the same period in 2014. However, Art Raschbaum, chief executive officer, sa...