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Retailers and shoppers are being encouraged to participate in the annual eMonday promotion next week sponsored by the Department of Economic Development and spearheaded by the Bermuda Economic Development Corporation. eMonday was launched in 2010 dur...

With Covid-19 still having an impact on the island, the Royal Naval Dockyard has opted for a little less bustle this holiday season. “Although we love hosting a variety of events for the community every year, we have decided to have a low-key season ...

The oil tanker company Nordic American Tankers Ltd has reported a third-quarter net loss of $44.7 million. Adjusted for an impairment of $8.4 million (non-cash), the net loss was $36.3 million, the Bermudian-based company said. This compares with the...

IncubEx Inc, the company founded by the executive chairman of Bermudian-based Conduit Holdings Ltd, has acquired Insurwave Limited, the insurtech platform. Neil Eckert founded IncubEx in 2016. Conduit Holdings is the parent of Bermudian-based Class 4...

The RG/BSX Index remained unchanged at 2,711.10 for the day in the absence of activity on the Domestic Companies board of the Bermuda Stock Exchange. The Bank of Butterfield fell three cents (0.07 per cent) on the New York Stock Exchange before stead...

Sompo International Holdings Ltd, the Bermudian-based specialty provider of property and casualty insurance and reinsurance, has appointed Eric J Kox country manager, Germany for its insurance operations in the country. The company also said that it ...

For the first time in Bermuda’s history, a new clinic is offering ultrasound scans in the comfort of home. The clinic, New Edge Diagnostics, run by sonographer Roché Wolffe, officially opened yesterday at 3 Park Road in Hamilton. Ms Wolffe cut the r...

A global agreement by more than 130 countries to change corporate income tax rules may be in trouble of falling apart. This from a global tax advocate whose organisation has been claiming that Bermuda and several other countries have been corporate t...

The Credit Suisse Group had discovered that a now-disgraced relationship manager, whose high-net-worth clients included the former Prime Minister of Georgia, had been engaged in compliance violations that resulted in the bank repeatedly taking discip...

Those invested in the broader equity markets should be happy with this year’s results. Despite rising interest rates, new waves of the coronavirus and China’s backlash against capitalism, risk markets have soared in 2021 with the MSCI World Stock ind...