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Week two begins today in the Supreme Court case where a former prime minister of Georgia is alleging that a Credit Suisse Bermuda unit bears responsibility in how $400 million of his money went missing. Bidzina Ivanishvili concluded on Friday his thi...

Some Clarien Bank customers were taken by surprise at new charges that came into effect this month – including a fee for using the teller service at the bank. Separately, as of today, the bank is also requiring SafeKey verification and a valid ID for...

Inflation slowed its upward trajectory in the year to August, in figures released by the Government. The Ministry for the Cabinet Office released the August 2021 Consumer Price Index (CPI) from the Department of Statistics. The ministry said that dur...

As the clientele of Bermuda Clarity Institute continues to expand and serve the breadth of the Bermuda community, we are experiencing an increase in questions being asked about some of the high-value sessions we conduct, especially the more creativel...

Overseas purchases by Bermuda residents jumped to $25.6 million in July, an increase of $6 million year-over-year. The jump was reported in the monthly Retail Sales Index Report released on Friday by the Ministry of the Cabinet Office. The 30.6 per c...

Polaris Holding Company Ltd, parent company to Stevedoring Services Limited and East End Asphalt Company Limited, has reported a gain of $726,000 for the six months ended September 30. The company said that the result was a welcome turnaround from fi...

CG Insurance has launched a corporate social responsibility programme to provide a framework for the organisation’s philanthropic activities while also providing staff opportunities to volunteer in the community. Through newly created CG Community, t...

In November 2007 and 2008, Moneywise wrote articles about gratitude and thanks to provide (in some small way) some positive thought-coping mechanisms for islanders experiencing Bermuda’s economic pain, caused then by a global market crash. Then a...

It’s the most wonderful time of the year – for buying gifts. And while you’re at it, you might as well buy something for yourself, right? We’ve all been there. Remember in Friends when Monica bought those super expensive leather boots on impulse? She...

The RG/BSX Index closed unchanged at the end of the trading day at 2,666.40. Two issues traded – 200 shares of Bermuda Press Holdings, which closed unchanged on $4.25; and 3,200 shares of BF&M, which closed unchanged on $22.50. For the week, the inde...