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The Royal Gazette/BSX yesterday closed unchanged at 1237.03. The only trading yesterday was 61 shares of insurance firm Argus, which remained unchanged at $3.60.

A clone company using the name of a legitimate Bermuda-based firm is suspected to be operating. Kuva Limited, which is found at www.kuvaltd.com, promotes an investment firm which falsely claims to be regulated by the Bermuda Monetary Authority (BMA)....

A young Bermudian businesswoman has been honoured by prestige business magazine Forbes; after launching a modern take on muesli in the UK. Anna Mackenzie and her English business partner in food firm Cuckoo, Lucy Wright, were both picked for the Forb...

The delisting of insurance giant Ace Ltd from the Bermuda Stock Exchange (BSX), which was confirmed yesterday, will have an impact on the numbers for the exchange. However, such delistings are part of the normal course of business for stock exchanges...

Last September, at a law firm overlooking San Francisco Bay, Andrew Penney, a managing director at Rothschild & Co, gave a talk on how the world’s wealthy elite can avoid paying taxes. His message was clear: You can help your clients move their fortu...

A triple tranche of catastrophe bond securities, worth a combined total of $300 million, have been admitted for listing on the Bermuda Stock Exchange. The notes are sponsored by XL Insurance (Bermuda), and have been issued by Galileo Re Ltd. They wil...

Fitch expects more mergers and takeovers to come in the Bermuda reinsurance market amid tough market conditions. However, the credit rating agency sees the equivalency with Solvency II, the new European Union insurance regulations, as boosting the Is...

The inflation rate rose to 1.4 per cent in November according to the latest government statistics — but the rise in the cost of living was dampened by the continuing fall in electricity costs. Fuel and power sector costs plunged 11.3 per cent from No...

The Royal Gazette/BSX closed up 8.15 points (0.66 per cent) at 1,237.03. The Bank of Butterfield went up two cents (1.1 per cent) after 2,300 shares traded. Bank of Butterfield preference shares were unchanged at $1,100 after 11 shares changed hands....

Two interns who have been through a six-month programme at Fireminds have landed full-time jobs with the Bermuda IT company. And the company has taken on a new intern for its programme, which is for recent university graduates with degrees in compute...