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Bermuda restaurateurs’ hearts will be beating a little faster tonight — thanks to the patron saint of love. For St Valentine’s Day is expected to provide a boost for the trade, with a total expenditure for the day on the island in excess of $1.5 mill...

The second St George’s Marine Expo will be bigger and better as it rides the crest of an America’s Cup wave, organisers promised yesterday. Ray Lambert, the Bermuda Economic Development Corporation’s development officer for St George, said: “We have...

Former AlphaCat executive Nick Pritchard has joined reinsurance firm Neon as head of property reinsurance. Mr Pritchard will be based in Neon’s Bermuda office and will look after the growth of its property reinsurance operations in the Bermuda and Lo...

Bank of Butterfield has reported profits of $115.9 million for last year — up $38.2 million on the $77.7 million recorded the year before. Net income per share was $1.18, down 5 cents on the previous year. After removing the effects of noncore items,...

Retail sales last December fell 2.4 per cent compared to the same period in 2015. The total spend dropped to $108.9 million from $111.6 million, with three of the seven sectors monitored by Government statisticians reporting decreases in sales revenu...

A total of 641 labour dispute inquiries were handled by Government’s labour relations section during the 2015-16 year. More than 180 of the were complaints, while 448 were described as consultations. Patricia Gordon-Pamplin, Minister for Home Affairs...

Four executives have gained qualifications from the Institute of Directors. And the Bermuda branch of the organisation said that this year will be the first time that IoD diploma in company direction programme will be held on the island instead of Lo...

A total of 44 businesses have failed to keep up with health insurance coverage for their employees, according to Bermuda Health Council figures. The BHeC said that more than 200 employees and non-working spouses were affected by firms’ failure to pay...

Young Bermudians who want to storm the ramparts of island international business should start their campaign overseas, a top reinsurance lawyer said yesterday. David Amaro, assistant vice-president and associate legal counsel at reinsurance firm Hami...

The rate of inflation dropped slightly last December to 1.6 per cent, 0.1 percentage points down from November. The price change refers to the standard basket of goods and services measured by the consumer price index compared to the same period in 2...