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For the third time in six months, Clarien will be adjusting its Bermuda dollar base lending rate reflecting changes to the federal funds rate. Effective December 1, the bank’s base lending rate will increase by 50 basis points (0.50 per cent), and th...

After starting an educational product business, Nylah Nailed It, seven months ago, Kiara Somner is now adding scavenger hunts to her offerings. She and her four-year-old daughter Nylah Bassett, held their first scavenger hunt in St George’s last week...

Blockchain could change the carbon credit market from a “fragmented mess”, into a trillion-dollar industry, says tech-business advocate Sandra Ro. Ms Ro, chief executive officer of Global Blockchain Business Council, took part in a panel on the futur...

Bermuda could be a leader in the blockchain industry, but first the island needs progressive and meaningful policy, according to one tech entrepreneur newly set up in Bermuda. Chris Christmas, founder of Bloktime, told The Royal Gazette it is not so...

A leading crypto lawyer has called Bermuda a “unicorn” – a rare jurisdiction that has tangible, useful digital assets legislation. At the Bermuda Tech Summit 2022, Cal Evans, managing associate of Gresham International, classified global attitudes t...

After a three-year hiatus, Gary Harris will be back at Appleby Bermuda on Monday as an insurance partner. Mr Harris joins Appleby from Fortitude Re, where he was head of legal and compliance in Bermuda. Before that he worked for Appleby for six years...

The Washington Mall’s 50th anniversary on November 3 feels particularly poignant to the building’s longest-running tenants who have made it through Covid-19 – one of the worst retailing periods in Bermuda’s history. “It is nice to know we have survi...

There are digital assets coming in the future that could make life easier for the ordinary citizen by lowering mortgage rates and making it easier to start a business. That was the message from David Burt, the Premier and Minister of Finance, at the ...

Cyber-risk modelling company DeNexus is on the hunt for someone local to run their new office in Bermuda. DeNexus founder and chief executive officer José Seara told The Royal Gazette he had hired a recruiter and was interviewing candidates. “It is a...

The Bermuda Stock Exchange ended unchanged today at 2439.64. Meanwhile, Butterfield fell 9 cents (0.26 per cent) to $34.60 at close of day trading on the New York Stock Exchange.