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The Attorney-General’s Chambers is to represent former airport ground services firm BAS Serco in a dispute over redundancy payments to staff, The Royal Gazette can reveal. And, if a legal bid by former staff to win redundancy payments from BAS Serco ...

Ratings agency Fitch has downgraded Bermuda Commercial Bank. Fitch said the move reflected an increase in BCB’s risk profile and weakened capital position in the wake of a shift in the business mix. The bank’s long-term issuer default ratings has gon...

A summer intern programme aimed at giving students a taste of work in the insurance industry has kicked off. A total of six students, four Bermudian and two from overseas, yesterday started the three-week programme, run by the Bermuda Foundation for ...

A long-running pots and planters business is up for sale. And owner Debbie Lombardo, who is retiring, said the Lots of Pots store at the Bermuda Athletic Association in Hamilton offered room for growth and branching out into other goods. Ms Lombardo ...

More than 700 people are expected to attend a major conference on insurance captives next month. Ross Webber, chief executive officer of the Bermuda Business Development Agency said this year’s Bermuda Captive Conference would be “bigger and better t...

Bermudian engineering company Brunel has won a contract for structural and civil engineering at the airport redevelopment. The firm was appointed by Canadian company Aecon, the lead firm in the airport project. Steve Nackan, the president of Aecon Co...

A new gym is to open at the Hamilton Princess. Run by international company Exhale, the fitness centre will open its doors at the start of next month. Monique De La Rosa, Exhale spa director, said: “A lot of planning and vision went into the design a...

Growth in Bermuda’s insurance and reinsurance sector masks underlying problems, a report by ratings agency Standard & Poor’s has warned. The island’s flagship industry posted a 21 per cent increase in consolidated gross premiums written in the first ...

A major conference on good leadership is to be held next month. Aimed at business leaders, owners and human resources chiefs, the Authentic Leadership forum will feature top speakers, including Patrick Tannock, the president of XL Insurance Bermuda. ...

A Bermuda gas station has secured exclusive rights to sell a mosquito repellent said to be effective against carriers of the Zika virus and other diseases. Bermuda 2000 Ltd, operators of the Rubis Causeway service station at Blue Hole Hill, said it h...