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Bermuda’s biggest superyacht marina yesterday launched. And the 110-berth marina was hailed as a key step in the development of Caroline Bay, a five-star luxury hotel, residences and marina project at the former Morgan’s Point military base in the We...

Most major financial companies plan to increase partnerships with technology specialists over the next few years, a new report has revealed. Professional services firm PwC found that 82 per cent of global banks, insurers and investment managers expec...

A new coffee shop and café has brought a taste of Italy to the heart of Hamilton. BruMae Caffe, on the site of the former Bella Caffe in Burnaby Street, is owned by husband and wife team Bruno and Ashly Cucinotta. Mr Cucinotta said: “We have a fresh ...

Bermuda’s share of net premiums in re/insurance dropped by $7.7 billion to $108.5 billion between 2014 and 2015. The latest figures from the Bermuda Monetary Authority added that capital held fell, but that total assets went up. Capital held dropped ...

Island companies yesterday displayed their green credentials in advance of Earth Day tomorrow. Secure document destruction firm Guardian said it had sent more than 3.2 million pounds of paper for recycling since it opened up shop in 2005. The firm sa...

The upcoming America’s Cup has sparked a boom at Bermuda’s docks — but turnaround times have slowed as containers and other goods pile up on the wharf. Warren Jones, chief executive officer of Stevedoring Services’ parent company Polaris Holding, sai...

Workers at a major island car dealership yesterday downed tools in a dispute over pay. Staff in the service area and paint shop at Hamilton’s Bermuda Motors stopped work around 1pm after management refused to reinstate a 2 per cent backdated pay rise...

Lawyer Duncan Card is to speak on the risk of cyberattacks at a major conference in Bermuda next week. Mr Card, managing principal at Bennett Jones, will be part of a panel at the annual conference of the Association of Trade and Forfaiting in the Am...

Water company ClearWater is capitalising on the America’ Cup. For the firm will provide hydration stations at the event, which is to be a plastic bottle-free zone. Kevin Lanthier, general manager of the company, said: “This event is promoting a plast...

Retail sales dropped 2.7 per cent to $80 million for February compared to the same month last year. After adjustment for inflation, which stood at 2.1 per cent in February, the volume of retail sales fell by 4.6 per cent. Four of the seven sectors ch...