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NEW YORK (Reuters) - Investors were reluctant to make big bets ahead of two events that could dictate the stock market's direction for the rest of the year and beyond, leaving shares little changed yesterday. The benchmark S&P 500 index rose 12.9 per...

More transparency in the tendering process for public projects is one thing the Construction Association of Bermuda (CAOB) would like to see from the new government of freshly elected Premier Paula Cox. Attracting commercial tenants to fill up the gl...

NEW YORK (Reuters) - Bailed-out insurer AIG raised $27.71 billion in cash in 10 days with the initial public offering of its Asian life business AIA Group Ltd. and the sale of its global life unit Alico, enough to repay a credit facility from the Fed...

DUBLIN (AP) - Ryanair said yesterday its first-half net profit rose 17 percent to 451.9 million Euros ($628 million) as the budget airline raised its ticket prices and grew its business in the Mediterranean. But Ryanair shares fell as analysts expres...

NEW YORK (Reuters) - Uncertainty over a fresh round of US monetary easing weighed on the dollar on Friday, prompting investors in the options market to hedge against any volatility arising from the Federal Reserve decision. The dollar fell against th...

Bermudian engineer Philip Mason has established his own engineering consulting company, Mason and Associates Ltd. Home inspection is one of the services the new firm is offering and Mr. Mason, the firm's founding owner and director, said he was offer...

The scrapping of work permit time limits and an improvement in public education are high on the business community's wish list for new Premier Paula Cox. Business people who spoke with The Royal Gazette welcomed her election and expressed hope that h...

LONDON (Bloomberg) - British Airways plc. posted a first profit in two years as surging sales of business tickets allowed it to ramp up fares. Europe's third-largest carrier said its outlook depends on an economic environment that remains unclear. Ne...

Butterfield Bank was one of the busiest traders on The Bermuda Stock Exchange (BSX) last week. The bank's preference shares rose 6.3 percent ($75) to $1,275, with 400 shares traded, while its also saw 42,050 common shares change hands, climbing 4.3 p...

Bermuda will be among the first wave of countries to be assessed for equivalence with the new Solvency II regulations for insurance companies, the European Commission confirmed on Friday. Switzerland and Japan will be the two other countries to under...