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Owners of the Pier 6 tent structure on Front Street are confident it will be quickly repaired and operational ahead of this month’s Louis Vuitton America’s Cup World Series. The tent was damaged on Sunday night as Hurricane Joaquin brushed the Island...

NEW YORK (Bloomberg) — The world’s top body for economic coordination unveiled its blueprint yesterday for cracking down on international tax avoidance, an opening salvo in what promises to be a prolonged battle between countries and companies over w...

Reinsurance group Validus Holdings faces a near-$64 million estimated bill for two natural disasters in China and Chile. The Chilean earthquake last month and the massive explosion in China’s Tianjin in August has cost the company’s Validus Re and Ta...

Four major rating agencies have a negative outlook for the reinsurance sector. Significant declines in pricing during 2014, and the continuing pressure on pricing this year is one of the factors noted by agency AM Best. It also noted the effect of in...

The US company due to take over support operations at Bermuda’s airport yesterday pledged to retain all 40 staff from outgoing contractor BAS Serco. Atlanta-based CI² beat BAS Serco, which has held the contract for 20 years and will take over at the ...

US telecoms firn Atlantic Tele-Network (ATN) has taken a majority stake in Bermuda’s KeyTech. The move means KeyTech will combine with wireless services firm CellOne to create a major provider of mobile, fixed and international telecoms services on t...

Shares in telecoms firm KeyTech jumped 45 cents after it was announced US firm Atlantic Tele-Network was seeking to take a 51 per cent share of the business. The move would see KeyTech, the parent company of Logic, combine with wireless services prov...

Shares of paint company Devonshire Industries were the biggest mover on The Royal Gazette/BSX Index last week. The stock rose 99 cents (32.9 per cent) after 500 were traded, to close at $4. Ascendant Group, the parent company of Belco, saw its shares...

Public school students will get the opportunity of hands-on experience with a 3D printer, thanks to a donation by Bermuda company Trunomi. The cutting edge technology is viewed as one of the most significant advancements to emerge from the latest wav...

Members of the Young Presidents’ Organisation and World Presidents’ Organisation (YPO-WPO), who were in Bermuda for a multi-day annual conference were addressed by Michael Dunkley and Ross Webber, the chief executive officer of the Bermuda Business D...