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Bermuda Government has issued $665 million of senior notes as it repositions the island’s debt. Consequently, the island’s overall debt load has increased by $188.9 million, but in the process the Government has locked in a 3.717 per cent rate on its...

Newstead Belmont Hills Golf Resort and Spa is offering five of its 45 fractional units for whole ownership purchase. It was enquiries from individuals and companies, who wanted to know if it would be possible to take full ownership of a unit, that le...

The Bermuda Government is in the process of refinancing about $276 million of debt. It made a cash tender offer to holders of its 5.603 per cent senior notes, which are due in 2020, and is set to pay out early on about half of the $500 million of not...

Telecoms companies have reported that the majority of their networks are back in operation following Hurricane Nicole. Eleven of Digicel Bermuda’s cell tower sites have been repaired, with only Sentinel Hill without service as of 4pm. That means 97 p...

Staff who prefer a quiet place to work, and those who do better in a busier environment, are both catered for in Sun Life Financial International’s new office. Elsewhere, there are shared workspace areas that allow colleagues who might not normally s...

The application of blockchain technology in the financial services realm is shaping up to transform the sector. Faster and securer transactions are among the expected advantages, while increased automation is likely to impact the need for human invol...

Retail sales in July stayed in positive territory, increasing 1 per cent in value year-on-year. Sales of $104.1 million were recorded. After adjusting for the annual retail sales rate of inflation, which was 0.3 per cent in July, the volume of retail...

A business perspective on the digital changes impacting the world now and in the future, has been presented by Microsoft to executives in Bermuda. The first Microsoft CXO event on the island was an opportunity for the technology company to present in...

A company that operates platform supply vessels in the North Sea has moved its domicile from the Marshall Islands to Bermuda. The redomiciling of Nordic American Offshore Ltd became effective on Tuesday. It means the company is now incorporated in th...

Travellers from Bermuda who encounter a problem with new self-service check-in kiosks at JetBlue’s T5 terminal in JFK International Airport should opt for a nearby kiosk assistance desk, not the general help desk, for a speedier solution. That is the...