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Glass-bottom boat operator Reef Explorer Ltd. is continuing to run trips from Hamilton with its 68ft boat Reef Explorer unaffected by the suspension of business by Bermuda Island Cruises. The boat was sold by BIC to Reef Explorer Limited in 2004, how...

ZBM TV news anchorman Gary Moreno is to leave the Bermuda Broadcasting Company but will not be moving to the soon-to-air Government-run TV channel. The future of one of Bermuda's best-known TV presenters Mr. Moreno was linked to the forthcoming Gover...

LONDON (AP) — Shareholders of Alliance Boots PLC overwhelmingly approved an $11 billion ($21.8 billion) takeover bid from the British pharmacy chain's deputy chairman and a private equity firm yesterday.The company expects the takeover to be complete...

NEWYORK (Bloomberg) — Tyco International Limited said Fire and Security President Dave Robinson will leave by September as it shifts management before splitting into three companies.Naren Gursahaney, 45, was named president of ADT Worldwide with resp...

LONDON (AP) — GlaxoSmithKline PLC revealed yesterday that the US Food and Drug Administration has declined to grant a priority review to its experimental cancer vaccine Cervarix, adding to pressure on the drug maker after controversy surrounding its ...

Butterfield Bank shares rose to lift the Royal Gazette / Bermuda Stock Exchange 13.32 points (0.26 percent) to close at 5,148.23. The bank stock improved in value 25 cents (0.4 percent) to close at a new 52-week high of $60.25 after 2,000 shares were...

The World Insurance Forum (WIF) is to be held in Dubai next year — the first time in the conference's 14-year history it will have been held outside Bermuda. WIF project coordinator Suzie Pewter yesterday declined to comment on the change of venue fo...

Bermuda-based corporate finance and consulting firm, Isis Limited, yesterday announced the establishment of a new fund administration company, Isis Fund Services Ltd. The company will be based in Hamilton and will be applying for a fund administrator...

NEW YORK (Bloomberg) — Four current and former partners of Ernst & Young LLP, the second-largest US accounting firm, were charged with tax fraud in an expansion of the US government's crackdown on illegal shelters.The four were indicted for marketing...

BEIJING (AP) — China's move to raise a tax on share trades, aimed at slowing a boom that could lead to a possible market bubble, seems to have worked, at least for now.The main Shanghai Composite Index tumbled 6.5 percent to 4,071.27 yesterday after ...