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April 27, 2012 Dear Sir, On Friday last whilst driving along Harrington Sound Road, I came across a group of workers who had cut down an entire established grove of palm trees. Now presumably this exercise is to remove trees that are entangled in ove...

Bermuda-based Validus Holdings has announced a quarterly dividend of 25 cents per share, payable to shareholders of record on June 15, 2012. The dividend is payable on June 29, 2012. The company also announced its Board of Directors has approved a mo...

Wheels has cut five more jobs, blaming the continuing economic downturn. The cycle livery and bike sales business laid off three staff last November when it closed its Front Street location. The Royal Gazette was told long-serving, senior employees w...

Ascendant Group rose five cents (0.4 percent) on the Bermuda Stock Exchange yesterday with 300 shares trading to close at $13.25. Butterfield Bank traded 67,000 shares with no change in share price to close at $1.30. Overall, the BSX closed at 1,105....

Martial arts competitor Kent Bean continued his fine form over the weekend at the 40th IAMA contest in Somerset, New Jersey, grabbing two podiums places in empty hand and weapons forms. Competing at the Somerset New Jersey’s Ukranian Cultural Center,...

Spring Garden Cavaliers, who completed an unprecedented clean sweep of the Commercial Cricket League’s four main trophies last year, will get the new season under way when they take on Forties in the Memorial Trophy match at Shelly Bay on Sunday. The...