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The Bank of Butterfield has been named Bermuda’s best bank by a prestige US financial magazine. Global Finance picked Butterfield for the 2015 honour as part of its world’s best developed market awards. Butterfield chairman and CEO Brendan McDonagh s...

Retail sales rose for the seventh successive month, according to Government data released yesterday. Motor vehicles logged the biggest jump in the latest survey of buying habits. Cars, bikes and truck sales rose by 18.8 per cent in February compared ...

A consultancy specialising in human resources has expanded. And now Performance Solutions is offering a range of new services to help companies better manage their staff. The firm, based in the British American building on Front Street, is celebratin...

The new must-have hi-tech watch from Apple could hit Bermuda as early as the summer. The Apple Watch — unveiled to customers in selected regions around the world on Friday — officially goes on sale on April 24, when delivery begins of devices that ha...

Bermuda’s ailing real estate sector bounced back last year with both sales and values up. Total sales across the industry rose to almost $240 million — up more than $11 million on 2013 figures — and the second successive increase. The number of prope...

Italy has taken Bermuda off a tax blacklist. The Island has been removed from an Italian hit list of jurisdictions after Economy and Finance Minister Pier Carlo Padoan axed a provision in the country’s tax laws on jurisdictions “should not have a pri...

Employers are facing a human resources crisis, a new survey by financial services firm Deloitte has found. The survey said that lack of employee engagement and problems in retention of workers were a worry for 87 per cent of human resources and busin...

A Saltus Grammar School team is close to a podium spot in the KPMG Investment Challenge. But the Bermuda Bankrupters’ fourth place is still outperforming the two other Saltus teams, who are propping up the table in 19th and 20th places. Saltus accoun...

Bermuda could launch a bid to host the Global Entrepreneurship Congress (GEC) in 2018 — which would attract thousands of delegates to Bermuda in the wake of America’s Cup. Home Affairs Minister Michael Fahy told Senate yesterday that the bid package ...

A former Securities and Exchange (SEC) commissioner is to speak at a regulations and compliance conference in Bermuda next month. Troy Paredes, now a senior strategy and policy advisor for PwC in the US, will take part in the Regulation, Operation an...