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Bermuda has been named on a list of 39 tax havens by the District of Columbia in the US. The Island is joined on the list by other offshore centres like the Cayman Islands, Jersey, the British Virgin Islands, the Bahamas and the Isle of Man. The chan...

Blue Capital Global Reinsurance Fund Ltd saw the net asset value of its ordinary shares increase by 1.9 per cent in the first half of this year, after accounting for dividends declared. The company had $212.9 million invested in Blue Capital Global ...

The Royal Gazette/BSX Index today closed unchanged at 1,184.44. The sole trade on the Bermuda Stock Exchange was 102 Bank of Butterfield shares, which left its price unchanged at $1.70. The BSX Insurance Index ended the day up 28.41 points (1.84 per ...

A green-energy entrepreneur is to host a series of events designed to cut fossil fuel use and pollution. Mohamed Hamza’s Dragonfly company will three hour-and-a-half seminars at Hamilton’s Pier Six on Friday and Saturday. Mr Hamza said: “There is a e...

Fitch Ratings believes that the emerging trend of catastrophe bond issuance will catch on in the Asia-Pacific region, particularly for catastrophe-prone markets such as Japan and China. It said this was likely as the region steps up efforts to streng...

When the wholesale cost of chicken went down, The Rotisserie Grill’s owners had a choice to make — either keep the extra revenue margin for themselves or pass on the saving to customers. Co-owners Walter and Wilmont Simmons decided to pass on the sav...

Keep calm and stick to your investment plan. That was the advice from two leading Bermuda investment professionals yesterday, as more wild swings on Wall Street ended in a sixth successive down day. Robert Pires, chief executive officer of BIAS, and ...

A total of 10,500 shares worth $27,110 traded on The Royal Gazette/BSX Index. Telecommunications firm KeyTech was down 40 cents (13.8 per cent) to $2.50 after 9,200 of its shares moved. The Bank of Butterfield saw 1,100 shares change hands, moving it...

NEW YORK (Bloomberg) — The Standard & Poor’s 500 Index fell into a correction for the first time since 2011 in one of the most volatile trading days ever, as a rout in global equity markets deepened. It was a day of wild swings as equities plunged at...

A new range of swim shorts with a Bermuda theme has been launched. The Bermies range of skin shorts were the brainchild of Uki Deane, based in the United States, but with strong family ties to Bermuda. The 25-year-old explained his first business ven...