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Bermuda has lost one of its best known retailers. Pierre Dutoya, who for 30 years helmed Hornburg Calypso, has died at 75. He became general manager of the business, which operates a group of clothing and accessories shops, in the early 1990s. Mr Dut...

Shares of Butterfield Bank jumped $7.41, or 28.4 per cent, to $33.51, after 3,679 traded on The Royal Gazette/BSX Index. In New York, the bank’s shares were down 41 cents, or 1.22 per cent, at $33.33. On the local exchange, shares of BF&M Ltd were u...

Shares of Argus Group Holdings Ltd improved four cents, or 1.2 per cent, to $3.26 after 27,500 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, shares of Butterfield Bank were up 23 cents, or 0.69 per cent, at $33.74. The Royal ...

An increase in concerns and commentary about 5G broadband network technology spurred the Regulatory Authority of Bermuda to place a temporary moratorium on its deployment on the island. Now the RA is encouraging the public to give them their thoughts...

Bermuda has recorded a negative inflation rate for a second consecutive month. In August the annual inflation rate was -0.7 per cent. That was an improvement on the -1.4 per cent recorded in July, which was the first time the island had a negative in...

Shares of Bermuda Aviation Services Ltd fell 10 cents, or 7.1 per cent, to $1.30 after 4,000 traded on The Royal Gazette/BSX Index. Also falling was Watlington Waterworks Ltd, down 35 cents, or 1.3 per cent, at $26.15 after 4,500 changed hands. One...

The “brutal punch” of Covid-19 has been felt by Polaris Holding Company Ltd, the parent of dock operator Stevedoring Services Limited. It suffered a half-year loss of $727,000. The company aims to streamline its spending by 30 per cent by next year, ...

Greenrock and Bermuda Advocates for Safe Technology have raised concerns about the make-up of an advisory panel that will make recommendations to the Regulatory Authority on the suitability of 5G broadband mobile technology for the island. In a joint...

Adrian Lynch is to join Artex as executive vice-president, North America, in March. It is a newly expanded role, with Mr Lynch taking responsibly for the oversight and growth of Artex’s captive management offices across the United States, Bermuda and...

On-island shopping habits have changed as a result of the Covid-19 pandemic, and in some ways it is having a positive impact. “People are travelling less, so there is a chance they will do more shopping online. But also, because they are travelling l...