Ratings agency Moody’s has downgraded Bermuda’s macro profile from “moderate+” to “moderate”.
The agency said the move reflected “the lowering of its assessment for institutional strength based on the...
Gift store Otto Wurz is to close after 60 years in the same family.
Owner Anthea Edwards, who took over the store from her mother Ivy Spurling in the 1960s, said she would shut up shop at the end of J...
Cash-strapped Riddell’s Bay Golf and Country Club is to close after nearly a century, it was revealed yesterday.
Professional services firm PwC, who have been appointed as liquidators, said the club h...
The second phase of a bid to attract the millennial generation into the insurance industry kicks off today.
The international drive, backed by industry veteran Brian Duperreault and his Hamilton Insur...
A new law to create a public register of directors comes into force today.
Government amended company law to create the register to stay in line with US Financial Action Task Force rules.
The new law ...
Shipping service Mailboxes Unlimited has delivered a new rewards programme.
The scheme, which is a first for the industry in Bermuda, gives Mailboxes US Express customers cash back and a special card ...
Ashley Ferguson and Jyna Heinicke have designs on success with a new furniture store.
They have expanded their existing interior design business into a storefront.
“It was a natural progression for ou...
Monitors of HSBC’s anti-money laundering and sanctions evasions found “widespread compliance failings” at the bank’s Bermuda operation, The Wall Street Journal reported yesterday.
The newspaper said t...
An EU seal of approval for Bermuda’s insurance market will make the global business more competitive, the head of the Association of Bermuda Insurers and Reinsurers said yesterday.
And Brad Kading, pr...
A new mobile car-detailing business has hit the road.
JKG Mobile Detailing has bought a specially equipped van to get around to clients.
And owner Jahma Gibbons said he was delighted with the purchase...
