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A Bermudian company is expanding as it anticipates a dramatic surge in demand for hospitality staff and services next year. And it is calling on Bermudians with experience of working in hospitality and related services, from housekeeping, to food and...

There will no night-time queues outside Digicel’s store on Black Friday this year, because the company is stepping away from the discount day tradition. Instead, it has responded to customers’ preference to have “the best value every day of the year ...

Asset management professionals considering where next to seek investment yield and growth were pointed towards water at the Global Fund Forum in Bermuda. And not only through obvious investment routes, such as a stake in water utility companies, but ...

An exploding space rocket cost Validus Holdings $19 million in losses during the third-quarter, but the company still increased its profit to $89.8 million, a rise of about $23 million year-on-year. A SpaceX Falcon-9 rocket that blew up while undergo...

Butterfield Bank has reported net income of $24 million in the third-quarter, down $4.8 million year-on-year. However, its core earnings improved to $33.4 million, up $4.1 million. The bank has announced an interim dividend of 10 cents per common sha...

Regional economic and investment headwinds, together with softening trading conditions have impacted the performance of Qatar Insurance company during the first nine months of this year, but not enough to stop it boosting its profit for the period by...

Travellers from Bermuda who want to visit Havana will soon be able to choose from three US airlines that fly connections to the Cuban capital. Last month, American Airlines, JetBlue and Delta Air Lines, were among a group of carriers cleared by the U...

Insurance company BF&M Ltd wore its heart on its sleeve yesterday, and it was not alone. Hundreds of people joined the BF&M 20th Anniversary Breast Cancer Awareness Walk, helping to spread the word and boost the fundraising effort that during the pas...

Bermuda Government’s debt has ticked up another $188.9 million. The Government has repositioned part of the island’s $2.36 billion debt burden through the issuing of $665 million in 10-year senior notes. Bob Richards, the Minister of Finance, sees it...

Volcanoes in Iceland have prominently featured in world news reports in recent years, but it is earthquakes that are the most dangerous natural catastrophe peril for the country. Now a team at Aon Benfield has launched a catastrophe model to assist i...