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Shareholders of Ascendant Group Ltd have approved a takeover attempt by a Canadian utilities group. They gave overwhelming backing to the bid from Algonquin Power and Utilities Corporation, in a meeting held at the Hamilton Princess & Beach Club yest...

Dear Sir, The advice from Sir John Swan and Michael Murphy to Ascendant shareholders in their opinion in August 6 edition of The Royal Gazette was apt. The more so because of its timing, although I doubt the shareholders will subordinate their potent...

Butterfield Bank has adopted a new standard for protecting customers who use their credit and debit cards for online purchases. The fraud prevention standard was developed by Europay, Mastercard and Visa as a new way to validate card transactions to ...

Shareholders of Ascendant Group Ltd are to vote today on whether to accept a takeover bid by a Canadian utilities group. Algonquin Power and Utilities Corp has offered $365 million for the shares in Ascendant Group. The group includes electricity sup...

A new cohort of budding scientists, technologists, engineers and mathematicians found an avenue to develop their Stem skills at the Ascendant Group Ltd’s annual Stem Camp. Launched in 2013, the camp is aimed at middle school students with proven apti...

Ascendant Group Ltd, which is the subject of a takeover bid by a Canadian utilities company, has reported a loss of $1.9 million for the first six months of the year. That compares to reported earnings of $3.1 million for the same period in 2018. The...

The British Airways flight from Gatwick today will not be affected by cancellations in London. BA confirmed the flight is scheduled to arrive in Bermuda on time at 6.30pm, and the flight to London is expected to leave on time at 8.15pm. An IT glitch ...

We would like to endorse and commend the Regulatory Authority of Bermuda for its decision in the recently released first Bermuda integrated resource plan to reject liquefied natural gas as an option and for committing Bermuda’s electricity generation...

British workers contracted for Belco’s North Power Station downed tools on Saturday after a delay in their paycheques. Last night a spokesman for Belco’s parent company Ascendant Group said that the contractors’ payroll was delayed through their UK-b...

A Bermudian bank yesterday said it would help to sponsor the island’s first gay pride march. Butterfield Bank invited its staff to bring family and friends along to the August 31 event, which will feature a group from the bank in the parade. Michael ...

Bermudian-based Hiscox reported a 3 per cent increase in first-half profit, as premiums rose and investment performance improved. Profit before tax for the first six months of the year totalled $168 million, up from $162.7 million in the same period ...

Belco has declared its in-principle support for the island’s first Integrated Resource Plan. The IRP, released by the Regulatory Authority of Bermuda on Thursday, outlines the framework for the island’s energy requirements over the next 25 years. Bel...