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A decades-long rum war between the Communist Cuban government and Bermudian-based drinks giant Bacardi is to feature on a top US TV news show. CBS current affairs flagship 60 Minutes will on Sunday examine the fight for control of the Havana Club bra...

Retailers were yesterday upbeat after festive sales were up on last Christmas — while shippers bringing in online purchases also reported gains on last year. Paula Clarke, chief executive officer of Gibbons Company, said: “Christmas was very good. De...

Restaurant group MEF is on track to recruit a small army of temporary staff to help cope with demand from next year’s America’s Cup. Dale Butler, director of training and communications at MEF, said a recruitment drive, targeting students on holiday ...

A Bermudian reinsurance and wealth-management firm has been linked to a $1 billion fraud case in the US. The Beechwood group, which includes Beechwood Bermuda International and Caymanian-based Beechwood Re, has been impacted after top executives at N...

A Bermudian firm has won a bid to run two ferries between Dockyard and St George for Norwegian Cruise Lines. Cruiseport Ferry Management, owned by experienced mariner Beau Evans, will operate the two 85-foot catamarans from next July. The boats, buil...

Bermudian businessman Mike Swan is a driving force behind green transport. Now Mr Swan, who owns the Lighthouse LED lighting specialist, has moved into electric scooters and power-assisted bicycles with his Veelr E-motion venture. And he plans to add...

Bermuda took top spot in a competition to find the world’s best digital jurisdiction. The island won the prize from UK magazine World Commerce Review — regarded as the principal awards for professional conduct and excellence. Grant Gibbons, Minister ...

Financial services holding company Somers Ltd notched up net income of $32.3 million for the year ended in September. Net asset value of the company’s shares stood at $18.66 at year end, up 5.2 per cent on the $17.74 recorded the previous year, the c...

Financial services firm LOM has hired two new asset managers. Nan Wang and Juan Pablo Fukushi have both joined LOM as junior portfolio managers. Scott Lines, chairman and CEO of LOM, said: “At LOM we strive to hire the brightest and most dedicated st...

A long-running Hamilton boutique is to close its doors for good at the end of the month. Guilty Pleasures in Washington Mall is to call it a day after rising overheads and the economic slump took its toll on the business. Owner Jamela Daniels, and ex...