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The RG/BSX Index climbed 26.82 (1.06 per cent) to close at 2,556.40 on a volume of 2,289 ($74,764) on the Bermuda Stock Exchange. The one stock to climb was Bank of Butterfield, up 50 cents to close at $36.50. On the New York Stock Exchange, Butterfi...

Stonepeak, the New York-headquartered alternative investment firm, is to acquire Bermuda-based Teekay LNG Partners LP in a $6.2 billion transaction. Under the agreement and plan of merger entered into by the parties, investment vehicles managed by St...

Courier service ZipX Bermuda is moving its US-based air express facility from New York state to Delaware. The company said that it means savings for customers because Delaware is a sales-tax-free state. Previously ZipX customers were given a Jamaica,...

Tah-Mi Williams has been selected by the Hamilton Princess and Beach Club as a trainee manager in the hotel’s leadership programme. Mr Williams will spend the 18-month training working with each team that contributes to the hotel’s food and beverage ...

McGill and Partners, the boutique specialist re/insurance broker, is to open a Bermuda office. Kate Vacher has been appointed chief executive officer of the operation, which has received regulatory approval and will open this month. The company said ...

Belco has launched its apprenticeship programme, which provides an earn-as-you-learn opportunity for successful applicants. The company said that the programme has been redesigned to give worthy applicants an opportunity and the best chance of succes...

The Bermuda Economic Development Corporation is gearing up for the 2021 Global Entrepreneurship Week next month. Launched in 2008, GEW is celebrated worldwide from November 8-14 and has grown to include more than 170 host countries and 50,000 partner...

Since early last summer, the US Federal Reserve has been talking about tapering. In order to support the economy during the pandemic, America’s central bank has been keeping longer-term interest rates artificially low by purchasing US Treasury bonds...

The RG/BSX Index slumped 26.82 points (1.05 per cent) to 2,529.58 as 1,198 ($43,128.00) Bank of Butterfield shares traded, with the stock closing down 50 cents to $36 on the Bermuda Stock Exchange. The Bank of Butterfield finished down 25 cents (0.69...

Former Bermuda-based insurance executive Rob Bredahl has taken up the role of chief executive officer at TigerRisk Partners LLC, the risk, capital and strategic adviser to the global insurance and reinsurance industries with an office on the island. ...