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Workers at new airport support services firm CI² are locked in a dispute over severance pay with former operator BAS-Serco. Now the Labour Department has stepped in to mediate the dispute, which started after BAS-Serco lost the contract. And Bermuda ...

Bermuda is to share its register of ownership of companies with the UK’s National Crime Agency. Michael Dunkley, the Premier, said Bermuda already shares information on beneficial ownership with Britain’s tax authorities within 24 hours of a request ...

A Bermudian couple have renovated a historic inn in the US and given its restaurant an island flavour. Allan Powell and wife Kathy took over the Tilton Inn in New Hampshire three years ago and renamed the restaurant Onions Pub and Restaurant in honou...

Construction company chief Zane DeSilva could be set to tee off a bid for the now-closed Riddell’s Bay Golf and Country Club, The Royal Gazette can reveal. Mr DeSilva, head of Island Construction, said he had designs on the course, Bermuda’s oldest, ...

Ratings agency Moody’s has downgraded Bermuda’s macro profile from “moderate+” to “moderate”. The agency said the move reflected “the lowering of its assessment for institutional strength based on the World Bank’s worldwide governance indicators for ...

Gift store Otto Wurz is to close after 60 years in the same family. Owner Anthea Edwards, who took over the store from her mother Ivy Spurling in the 1960s, said she would shut up shop at the end of June. Ms Edwards, 72, whose sons Christopher and Jo...

Cash-strapped Riddell’s Bay Golf and Country Club is to close after nearly a century, it was revealed yesterday. Professional services firm PwC, who have been appointed as liquidators, said the club had “limited and insufficient cash” to meet operati...

A new law to create a public register of directors comes into force today. Government amended company law to create the register to stay in line with US Financial Action Task Force rules. The new law means every company registered in Bermuda has to f...

Monitors of HSBC’s anti-money laundering and sanctions evasions found “widespread compliance failings” at the bank’s Bermuda operation, The Wall Street Journal reported yesterday. The newspaper said that “people familiar with the situation” said that...

Bermudian-based offshore law firm Appleby has won the highest ranking in a prestigious legal directory. The company is one of only two firms to rate a Band 1 in the latest edition of the Global Chambers Guide. Michael O’Connell, Appleby Group managin...