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Inflation averaged 1 per cent last year — the lowest annual average rate in the increase in the cost of living in more than a decade. The revelation came in the Consumer Price Index, released by the Department of Statistics today, which showed that t...

Brides and others seeking dresses for the upcoming season have been warned to expect delays on future orders due to factory closures in China related to the coronavirus. René Hill, owner of Rene Hill Originals, said brides, bridesmaids and graduating...

Somers Ltd, the owners of Bermuda Commercial Bank, have announced that all regulatory and government approvals have been received for the sale of the bank. The announcement was made this morning in a filing with the Bermuda Stock Exchange. Somers sai...

Automatic compensation for customers who suffer a loss of broadband or telephone service, missed appointments or delays to a new service, is to be considered by the Regulatory Authority. It has reopened the Preliminary Report for the Principles of Co...

Thomas Gallagher has been elected chairman of the council (board of directors) of the Bermuda Stock Exchange. Mr Gallagher succeeds outgoing chairman David Brown, who will remain on the council as deputy chairman, replacing Jeff Conyers. The new chai...

Shares of Butterfield Bank were down 46 cents, or 1.35 per cent, at $33.60 on the New York Stock Exchange. Meanwhile, it was a quiet day on The Royal Gazette/BSX Index, with no trades. The index was unchanged at 2,220.5. The BSX Insurance Index was u...

Ten professionals at the Bermuda Hospitals Board have achieved their Institute of Leadership and Management Level 5 Diploma in Leadership. This is the first group in Bermuda to acquire that level of diploma accredited by ILM, Europe’s leading profes...

Lawyer Ciara Brady has joined the Bermuda office of international law firm Kennedys. Ms Brady, who joins as a senior associate, enhances Kennedys’ corporate and corporate finance offering in Bermuda, the firm said. She has extensive experience of adv...

Shoppers looking for a more relaxed shopping experience can now order groceries online and collect them at two more MarketPlace stores. The company started the online ordering and pick-up service last year and has now added Modern Mart and Somerset ...

Shares of Butterfield Bank improved by nine cents, or 0.3 per cent, to $33.49 after 3,440 traded on The Royal Gazette/BSX Index. In New York, the bank’s shares were up 37 cents, or 1.11 per cent, at $33.79. On the local exchange, a total of 1,400 sha...