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TORONTO (Reuters) - The Toronto Stock Exchange’s main index ended higher as shares of mining companies rose on firm metal prices, offsetting weakness in energy issues.The S&P/TSX composite index closed up 32.70 points, or 0.3 percent, at 13,204.46. “...

Former Ace Ltd. chief executive officer Brian Duperreault said last night he would have ?big shoes to fill? when he takes over from Dr. James King as chairman of Butterfield Bank in April. At a board meeting on Wednesday, Dr. King announced his inten...

Bermuda reinsurer Max Re Capital Ltd. yesterday announced the appointment of K. Bruce Connellas a director. The company also announced the nomination of Mr. Gordon F. Cheesbrough for election to the board at the company’s annual general meeting of sh...

Scheduled maintenance to an undersea high-capacity internet and telecoms cable running from Bermuda to the US may cause a slight slowness in data transfer in the middle of March. The optic fibre cable operated by Brasil Telecom, which carries interna...

HOUSTON (Bloomberg) — Bermuda-incorporated Cooper Industries Ltd., the maker of Crescent wrenches and Halo lighting, said it will split its shares two-for-one and raise its dividend.The record date of the stock split is February 28 and the distributi...

LONDON (Bloomberg) — Bermuda-incorporated Nordic American Tanker Shipping Ltd., which operates carriers able to haul one million-barrel consignments of oil, said fourth quarter profit fell 45 percent as ship-hire rates declined.Net income fell to $13...

Setting-up a Bermuda subsidiary in the 1990s to cut its tax bill by $1.5 billion has ended up costing global pharmaceutical company Merck & Co much more after US tax authorities probed and exposed the offshore tax loop-hole. The company has agreed to...

A $10 jump in the value of shares in former Bermuda Bakery operator West Hamilton Limited lead the way as the Royal Gazette / Bermuda Stock Exchange continued to rise this week, reaching 5,092 points at the end of the day. West Hamilton owns and mana...

Favourable pricing and no further developments hitting its 2004 and 2005 hurricane reserves has given a good year ending for Montpelier Re Holdings. The company released its fourth quarter and full year results yesterday. The fourth quarter net incom...

Favourable pricing and no further developments hitting its 2004 and 2005 hurricane reserves has given a good year ending for Montpelier Re Holdings. The company released its fourth quarter and full year results yesterday. The fourth quarter net incom...