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Hardware store Gorham’s will today launch a new internet express order service. And the company said that ordering online with goods shipped in using Gorham’s cargo containers was cheaper than air freight. Rod Farrington, a senior manager at Gorham’s...

Bermuda-based investment fund Thema is to fork out $130 million to repay victims of US fraudster Bernie Madoff. Thema was among many feeder funds that directed cash to Madoff’s New York-based investment advisory business, often without their clients’...

Drinks giant Bacardi was so impressed by model Formula 1 cars designed by Saltus Grammar School pupils studying design and manufacturing, the firm yesterday invited them to see the real thing. Bacardi, whose Italian Martini arm sponsors the Williams ...

Bermuda’s largest supplier of concrete was yesterday celebrating after winning one of its biggest ever contracts for work on the new airport. And Bill Morrison, CEO of SAL Trading, said the news would lead to extra jobs at the firm — while Canadian d...

Upmarket hotel company Ritz-Carlton is to launch a luxury yacht and cruise line targeted on smaller ports and glamour destinations. But the firm, which is due to open a Ritz-Carlton Reserve property at Caroline Bay next year, yesterday declined to sa...

Home-grown Bank of Butterfield has outstripped global giant HSBC to become Bermuda’s biggest bank. Butterfield was listed as having assets of $11.1 billion last year, compared to $8.7 billion for HSBC Bermuda, overtaking its rival by a sizeable margi...

Bermudian IT firm CCS has teamed up with a high-tech expert in combating cyber threats. The island company has become a partner with US-based Cylance — which uses artificial intelligence-powered prevention that blocks malware and advanced cyberthrea...

Professional services firm PwC has backed a bid to get more women involved in sailing competition — backing the principle that diversity can boost performance in sport, just as it can in business. The company hosted a panel discussion with the Americ...

A former firefighter and paramedic helped keep the crew of a majestic J Class yacht fit for duty. Now Gilbert Darrell, known as Artie, is setting his sights on the skies with plans for an air ambulance, as well as expand his marine medic service to e...

Australian-based Bermudian businessman Will Young went Down Under for only a year — but 20 years later he’s selling coffee with a conscience and is one of the biggest suppliers in the country. Mr Young now owns a string of Campos Coffee shops in thre...