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The Regulatory Authority of Bermuda has extended the deadline for public input into published guidance on Bermuda’s blueprint for future electricity production and costs. And regulators appear set to embark this month on a study that could determine ...

After 25 years in business, the Bermuda Golf Academy, Driving Range and Mini Golf in Southampton will close in the first week of September, according to operator Richard Farge. He said a 20-year lease had previously expired but the tenancy was tempor...

Business in the town of St. George is facing a punishing bottom line for the second year in a row, amid growing concern for the old town’s future. While Hamilton appears to be on the upswing, the east end could suffer another winter of discontent. Ev...

The Bank of NT Butterfield & Son Ltd has declared net income for the second quarter ended 30 June of $27.5 million, down from $32.9 million in the same quarter a year ago. The six-month net income was $50.7 million, up from $46.2 million for last ye...

Today’s economy is causing people to step out of their comfort zone and try something completely different. Kim Wilson, a popular bar tender, has traded polishing drinks glasses, for polishing cars. Her new business, Bermuda DryWash, came about in a ...

Even though there is little evidence of any strong uptick in economic activity to date, Bermuda’s economy has stabilised, LOM (Holdings) Ltd CEO Scott Lines said yesterday. And he sees policy changes to attract more international capital into the rea...

The Department of Energy begins this week seeking advice on establishing a new energy regulatory environment, with a promise of public consultation later this year. The new regulatory regime for energy in Bermuda is a priority for the Ministry of Edu...

Bermuda’s newest nightclub has an “old school” name, and an updated version of the go-go girls from the 1970s nightclub scene. But it may be another sign that Bermuda businesses have confidence in an impending economic recovery. The club’s owners ar...

Morgan’s Point owners are in a race against time to complete the first phase of development by the end of 2016, with their fingers crossed at the possibility for an America’s Cup in the Great Sound in the summer of 2017. The significant building proj...

There was clear evidence this week that a deal has been done to complete the sale of the Newstead Belmont Hills Golf Resort Property, after three years of receivership. In fact, it would appear that there has been sudden and substantial movement, sin...