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The sprawling former Lantana cottage colony is up for sale with a $16.9 million price tag. The ten-acre Sandys property with views of the Great Sound, the venue for the America’s Cup in 2017, has been closed for decades. It was bought by US business ...

Telecoms firm KeyTech today posted losses of $1.9 million for the year ended in March. The figure was $200,000 up on losses for the previous year. A statement from the firm added: “Net loss for the year from continuing operations was $15.9 million ve...

More than 50 people attended a seminar aimed at helping would-be entrepreneurs set up their first business venture. The seminar, organised by Roxanne Christopher, the North East Hamilton economic development coordinator for the Bermuda Economic Devel...

Bermuda’s real estate market is bouncing back, according to the Island’s biggest real estate firm. Coldwell Banker said its sales of homes had jumped 44 per cent in the first six months of the year compared to the same period in 2014. And rental tran...

The America’s Cup is to be shown in China after a ground-breaking deal between event organisers and a Chinese sports channel. CCTV Sports and Entertainment has acquired exclusive rights to broadcast all stages of the America’s Cup, giving the world’s...

A management buyout of an arm of top offshore law firm Appleby is to go ahead, the firm has confirmed. The move means the fiduciary and administration business, which has more than 320 staff, part of which is Bermuda-based, will be spun off in a deal...

An international companies umbrella group is to unveil its 38th annual scholarship winners on Wednesday. Previous winners have lined up to praise the Association of Bermuda International Companies’ (ABIC) long-running scheme for helping them to get a...

New legislation is set to boost the Island’s attractiveness to outside investment. The Bermuda Business Development Agency (BDA) said amendments to the Investment Business Act tabled in the House of Assembly last Friday was a “collaborative effort” b...

A cyber security expert from professional services firm KPMG yesterday warned Island businesses had to prepare for the worst. Chris Eaton, senior manager and Bermuda group cyber security leader at the firm, said global surveys had shown that the fina...

A Pembroke store is to wind its down its operation in the run-up to Cup Match — after nearly 100 years in business. Jones Dry Goods Store, which has been in the same family for three generations, will close its premises on The Glebe Road in North Vil...