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Leading offshore drilling contractor, Seadrill Limited, will continue to be Bermuda domiciled after its impending take over of its former subsidiary, Aquadrill, the company has said. The deal is expected to substantially improve Seadrill’s cashflow g...

Bermuda’s holdings of total assets increased by 16.9 per cent (or $239.4 billion) by the end of 2021 compared to the previous year, reaching $1.66 trillion, according to new figures from the Bermuda Monetary Authority. At the same time, Bermuda’s for...

BMS Group, the independent specialist re/insurance broker with an operation in Bermuda, has announced that a definitive agreement has been entered into with Eurazeo, the global investment company headquartered in Paris, for an additional investment i...

Darag Group, the international legacy acquirer, has appointed Till Mathis Wagner as head of M&A, Europe. His appointment will come into effect in Q1 of 2023. Mr Wagner joins Darag from Guy Carpenter where he was most recently managing director of str...

The stereo set: a hypothetical family narrative from earlier decades He must have had his eye on it for months; he talked about getting one incessantly. How he could use it to play in his room. How it would help him study. How he could carry it ...

‘Twas the market before Christmas, And it’s time to review The significant events of 2022. The Federal Reserve is taking great care To stamp out inflation everywhere. The surge in inflation created such a din Stocks and bond returns only made the Gri...

Dear Dave, I’m 32 and a teacher. My house is my only debt, and there’s $55,000 left on my mortgage. My parents always taught my brother and I about saving and being smart with money. The other day, mom and dad offered to pay off the rest of my mortga...

The RG/BSX Index was unchanged for the week, as there was no trading on the Bermuda Stock Exchange. The index remained at 2,424.96 at Friday’s early close of the BSX at 2pm ahead of the Christmas holiday. It reopens Wednesday. The Bank of N.T. Butte...

A popular electronics repair shop and retailer has made a move. CPR Cell Phone Repair Bermuda has shifted from Washington Lane to 14 Reid Street in Hamilton, next to Marks and Spencer. The store, which has 13 full-time employees and one part-time sta...

Dewar's Blended Scotch Whisky, a brand that is part of the portfolio of Bermudian-headquartered Bacardi Limited, has added to its growing list of accolades. Bacardi is preparing for robust sales for the new offering, including in Bermuda. Already the...