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Digitised Bermuda dollars could be created in the future. The Bermuda Government is keen to attract innovators looking to digitise the island’s currency. The ambition places Bermuda in a vanguard of nations, including the United States and China, who...

Shares of Butterfield Bank were up 25 cents, or 1 per cent, to $25.25 after 516 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank’s shares were up 34 cents, or 1.35 per cent, at $25.49. On the local exchange, there was t...

Digital data is the future for insurance and reinsurance if the sector hopes to achieve efficiency gains and other benefits, according to Whitespace Software Ltd. The company has celebrated the first anniversary of the start of trading on the Whitesp...

CrossTower, a new exchange operator, has been granted a license by the Bermuda Monetary Authority under the Digital Asset Business Act. The company has a Class M licence, making it one of the first major cryptocurrency exchanges to receive such a per...

Reinsurance companies were hit financially on both sides of their balance sheets because of the impact of the Covid-19 pandemic. And there continues to be “significant uncertainty around the ultimate extent and distribution of Covid-19-related losses...

A restaurant that has been a popular venue in the centre of Hamilton for 50 years has been put on sale. The Spot, on Burnaby Street, was established in 1945 and has been owned by Thomas “Ted” Powell since 1971. The eatery closed in mid-March because ...

The Bermuda Government’s new $1.35 billion of debt bonds have been admitted for listing on the Bermuda Stock Exchange. The debt is split evenly between ten-year and 30-year maturity senior notes. There is $382,105,000 of 2.375 per cent 144A senior no...

Bermuda is on a list of countries where HSBC Holdings is reconsidering or reviewing its future, according to reports. The HSBC board is pushing for the restart of a restructuring programme and to come up with more radical changes, including the poss...

Escaping from the winter weather and finding a place to run, build new connections and think creatively are among the reasons why two of the owners of Earth Forward Group are in Bermuda this weekend. “We like that running helps clear our minds of all...

A phone and computer repair business has grown since it relocated to the heart of Hamilton. Formerly situated on Court Street, iRepair Bermuda moved to Washington Lane early last year, and has benefited from its larger premises and central location. ...