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Demand for residential mortgages is picking up, according to the new man at the helm of HSBC Bank Bermuda Ltd. The bank’s 2015 full-year earnings statement, released last week, appeared to indicate a fall in demand as the loan portfolio value fell 17...

The parent company of The Royal Gazette has announced profits of $514,000 for its last fiscal year. The figure was $391,000 down on the $905,000 recorded in 2014. Bermuda Press (Holdings) Ltd posted revenues of more than $27.2 million for the year en...

I was privileged to attend the opening of the Artemis Racing Team facility on Morgan’s Point last Friday. In the many years I have lived here I had only sailed around that point, not actually been on the land. The cleanup is ongoing and the changes ...

Staff at airport services firm BAS Serco are locked in a dispute over severance payments before transferring to new contractor CI². It is understood that Bermuda Public Services Union members at the outgoing contractor want to be paid off before tran...

Those interested in pursuing a career in insurance may want to attend a seminar next week on one particular aspect of the business. Tawana Tannock, the vice-president of claims and compliance at Bowring Marsh, will host a two-hour seminar titled ‘Day...

Bermuda’s largest information technology company just got bigger. Applied Computer Technologies has acquired cloud and technology services firm Ignition Bermuda Ltd. The deal consolidates two of the island’s significant cloud services providers under...

The Royal Gazette/BSX closed up 4.71 points, or 0.40 per cent, at 1,172.21. A day after falling by 8.6 per cent, insurance firm Argus rose 24 cents, or 6.6 per cent, to $3.90 after 1,700 shares traded. The Bank of Butterfield was unchanged at $1.65 a...

Professional firm EY has backed International Women’s Day, which is tomorrow, and underlined its commitment to promoting females in the workplace. And the company — a Pledge for Parity sponsor of the event this year — urged other employers to commit ...

Businessman Floyd Forth has launched a drive to get Bermuda back on top of the tourism list with a luxury Lexus limousine. Mr Forth acquired the slate grey 4.6 litre V8 machine, which bears the personalised number plate LIM007, a few months ago. And ...

Falls in the share prices of Butterfield Bank and Ascendant Group sent The Royal Gazette/BSX Index lower last week. Butterfield slid 5 cents, or 2.9 per cent, to close the week on $1.65 as 36,573 shares traded over the five days. Ascendant, the owner...