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Analysts have downgraded the stock of Algonquin Power and Utilities, the parent of Belco

Bermudians resuming their pre-pandemic lifestyle of travel will find airlines raising the bar for travel perks

Rap artist’s company wants to subpoena documents from US insurers in a multibillion-dollar dispute with Bacardi and its US subsidiary

After years of slowdowns, lockdowns and shutdowns affecting revenue, retailers are cautiously optimistic with an historic 224 cruise calls spread throughout 2023

Bermuda’s flagship shopping centre, The Washington Mall, is staging a comeback. The commercial property’s owners, Washington Properties (Bermuda) Limited, are upbeat, expecting significant improvements to commercial demand in the year ahead. At the h...

Hamilton’s busy streets in the final week of Christmas shopping are not indicative of the true state of retail sales, with the latest official figures continuing the picture of a decisive softness in local retail spending since the summer of 2021. Sh...

A private company could establish a new, ten-megawatt solar farm in Castle Harbour, consisting of floating photovoltaic panels, it has emerged. A new report, dated December 16, 2022, outlines how investigations into floating solar power will proceed ...

The Federal Reserve continued its moves to slow the economy and hold back inflation after the latter’s earlier four-decade high. And it didn’t take long for Bermuda’s Bank of N.T. Butterfield to react. But the Fed slowed its hand, this time imposing ...

There has been silence so far from business as companies determine how they would be affected by government proposals that represent a radical departure in Bermuda’s corporate tax structure. The package of proposals includes deepening the take from i...

Domestic insurer BF&M Limited has reported a shareholders’ net loss of $13.4 million for the nine months ended September 30. This compares with shareholders’ net income for the same period in 2021 of $19.5 million. The company said net income from o...