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More than 60 staff from drink giant Bacardi will hit the town tomorrow to visit bars around Hamilton to carry out hands-on market research. The firm’s “Back to the Bar” drive was designed to keep employees around the world in touch with trends and gi...

A three-strong panel of financial experts has highlighted “slippage” in Bermuda’s bid to balance its books. David Peretz, chairman of the Fiscal Responsibility Panel, said: “The last Budget showed a little bit of slippage — whereas previously the obj...

Bermuda’s new airport was a “game changer” in a decision to buy the luxury Rosewood Tucker’s Point hotel, the new owner said. Karim Alibhai, head of Miami-based international hotel company Gencom, said the airport was a major factor in the decision t...

Bermuda is to host two new insurance industry events later this year. Field Gibson Media’s Insurance Risk and Capital Bermuda will be held on October 20 at the Hamilton Princess. The company publishes the online InsuranceERM magazine and the confere...

Edie Jaworski has joined the Bermuda office of professional services firm EY. She previously worked at EY’s New York office for 18 years. David Brown, EY Bermuda senior partner and regional insurance leader, said: “We are very pleased to have Edie jo...

Bermuda’s current account surplus doubled in the first three months of this year to $328 million, compared to $161 million for the same period last year. The increase was largely attributed to improvement in the surplus balance on the primary income ...

Top executives at telecoms firm Digicel are in line to leave the company as it pushes ahead with plans to centralise back room management in the Caribbean as part of its Digicel 2030 review. Insiders at other telecoms firms on the island said they ha...

A new water park has opened at the site of the old Nine Beaches resort. X20 Adventures opened last weekend at Daniels Head beach and features the island’s first floating obstacle course. A spokeswoman for X20 said: “The convenient location allows a ...

Three funds run by asset management firm LOM outperformed benchmark figures in the second quarter of the year, the firm said today. The LOM equity growth fund delivered a net total return of 4.16 per cent compared to the MSCI world Stock Index, whic...

Massive changes in the energy industry could be good for Bermuda as the island looks to reduce its reliance on oil-fired electricity generation. And the growth of liquefied natural gas as a fuel, combined with huge reserves in North America, makes it...