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CellOne yesterday announced four redundancies as part of a reorganisation that will see its customer service call centre work moved to the US. In a statement last night, CellOne chief operating officer Frank Amaral said most of the wireless carrier’s...

Shares of Bermuda-based bond insurer Assured Guaranty Ltd stabilised on Friday after the announcement that its ratings would be reviewed by Moody’s sent its shares plunging more than 13 percent in midweek. Moody’s may cut the Aa3 rankings of Assured’...

Six HWP employees have lost their jobs after the company brought an end to more than 50-years of providing the Island’s residents with the means to get around. The company will sell its last bike on Wednesday after selling its cycle division to World...

Bermudian re/insurer, Alterra is getting ready to launch another sidecar ahead of the midyear US renewal season. According to a filing with the US Securities and Exchange Commission, Alterra has signed an agreement with BMO Capital Markets to place ...

In the Capital G Youth Give Programme, a group of business students from the Berkeley Institute topped the other schools to win the $10,000 top prize for their charity of choice, The Chewstick Foundation, and $2500 for their school. The Youth Give Pr...

Capital G Bank Ltd made a profit of $3.2 million for the year ended December 31, 2011, down seven percent from last year. The bank said its loan book and net interest income increased as a result of its merger with First Bermuda Group (FBG). Net oper...

Capital G Bank Ltd made a profit of $3.2 million for the year ended December 31, 2011, down seven percent from last year. The bank said its loan book and net interest income increased as a result of its merger with First Bermuda Group. Net operating ...

Bermuda Press (Holdings) Ltd (BPH) made a net loss of $611,000 in its last fiscal year, the company revealed today. The company, which owns The Royal Gazette, printing company Bermuda Press, as well as retail and real estate interests, saw revenue fa...

A charity walk held last month raised around $30,000 for a total of 95 local charities. The Argus Walks The Walk with The Centre on Philanthropy Charity 5K attracted more than a thousand registered participants on February 26. Each participant chose ...