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Bermudian-based Nordic American Tankers does it not expect the US presidential election to have a negative effect on its operations, it said in a statement. It added that it “will increase earnings capacity substantially” as it expands its fleet of S...

When the Bermuda Development Agency leads a group to Toronto on November 22, it will be the third roadshow the agency has held in the region this year. And it will be a further testament to the collaborative approach that has served the BDA well as ...

Butterfield Bank is to redeem all of its 8 per cent Government Guarantees Preference Shares. The shares were issued in June 2009, giving the bank a $200 million injection as it recapitalised following the impact of the global financial crisis the pre...

Wearable gadgets alerting workers they are in danger of causing themselves long-term physical harm, and driverless cars erasing the need for $20 billion of insurance, are among likely impacts on the insurance sector from advancing technology. A glimp...

Butterfield Bank will raise residential mortgage rates if the US Federal Reserve hikes rates next month by 25 basis points, as happened a year ago. The revelation came from one of the bank’s senior executives in Butterfield’s third-quarter earnings c...

It is all change at Dockyard, where Alex & Pete’s Bermuda Artisan Ice Cream has taken over the gazebo kiosk formerly used by BermyBerry. Peter Jovetic, who set up the artisan ice cream business with his son Alex about two years ago, saw the potential...

Customers who lose their internet service for a day will be reimbursed for a full month if they have an “all in” package from Bermuda Telephone Company, and the disruption fault is a BTC issue. The company today revealed its “Always On” service promi...

Richard Bennison has joined the board of Tokio Millennium Re as an independent non-executive director. He has over 35 years of experience in the financial sector, and has spent the majority of his career with KPMG where he most recently held the pos...

A new gourmet popcorn store is offering more than 70 flavours, everything from salt and vinegar and ranch on the savoury side, to coconut, caramel and butterfinger for the sweet-toothed. In the first few days of business, Savory Kernels has been well...

Logic and CellOne are now a unified brand known as One Communications. The new name was revealed today as the business opened a new retail store on Church Street, opposite City Hall. “Our goal is to be the leading provider of these services in Bermud...