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A new children’s clothing store has injected a dose of Italian style to young fashion. And Blukids is already cutting a dash with parents and youngsters with its up-to-the-minute design. Co-owner Francesca Cacace — who has been working in her family’...

Axis is to open an office in Dubai, it was revealed yesterday. Axis Capital Holdings’ Axis Re SE has been licensed by the Dubai Financial Services Authority to open up shop in the emirate’s International Financial Centre. The new office will focus on...

A total of 1,600 shares worth $10,173 traded on The Royal Gazette/BSX Index. Insurance firm BF&M was up 33 cents (2 per cent) at $17.19 after 200 shares changed hands. And utilities group Ascendant was also up, by five cents (1 per cent), at $4.85 af...

Bermuda-based Qatar Reinsurance Company has been granted a licence to operate a branch office from the Dubai International Financial Centre (DIFC) in the United Arab Emirates. The approval was given by the Dubai Financial Services Authority and becam...

Two former staff of Montpelier Re have joined Novae Group, and will work for the insurer’s US direct and facultative (D&F) team at the company’s Bermuda office. Keerome Maybury has joined Novae as a senior associate underwriter. He was formerly an as...

Warwick Academy’s From Bears to Bulls team in the KPMG Investment Challenge may be in their pyjamas — but they are not sleeping on the job. The team was sitting third in the November ratings in the annual schools competition, just behind Dobby’s Trad...

A Bermuda-based property website is to expand into Guernsey. Propertyskipper.com has already signed up leading estate agents in the Crown Dependency in the Channel Islands for its website — and has plans for further expansion. Propertyskipper.com dir...

The Royal Gazette/BSX Index closed down 39.71 points (2.98 per cent) at 1,293.22 today. The sole trade was 10,924 shares in the Bank of Butterfield. The move left the bank’s price down nine cents (4.5 per cent) at $1.91. The BSX Insurance Index ended...

The Chinese tycoon whose firm has just taken control of Bermuda-based insurance firm Ironshore in a $1.84 billion deal is assisting authorities with an investigation. Guo Guangchang, the billionaire chairman of Fosun International and one of China’s ...

An $18 billion merger deal between Willis Group Holdings and Towers Watson has been approved by shareholders in both firms — despite some opposition. A spokesman for Willis, in a statement on preliminary results from the vote, said: “Shareholders of ...