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A businesswoman in the Cayman Islands is suing the Bank of Butterfield, claiming breach of contract after she said the bank closed out her accounts, the publication OffshoreAlert is reporting. Representing herself, Sharon Lexa Lamb, who describes her...

It should not be a surprise that after a year of remote working – more than 75 per cent of employees don’t want to go back to full-time office life (ref: 2021 Microsoft work trend index). Interestingly, more than 66 per cent desire more face-to-face...

Bermuda-based International General Insurance Holdings Ltd, the specialty commercial re/insurer, has reported net profit for the second quarter of $5.6 million, compared to a net profit of $12 million for the same quarter a year ago. For the first si...

The Bermuda Economic Development Corporation is to launch the Enterprise Bermuda Accelerator, an intensive programme designed to help small and medium sized business owners to scale their businesses. The BEDC said the new programme will employ the aw...

Another island morning as dawn slowly crests the horizon. Your house is chilled. Windows streaked with ice; ground covered in snow; the precious grass you’ve spent hours fertilising and watering into perfection is frozen. “This can’t be. I’m dreaming...

Making a list, checking it twice … Oh wait, it’s not the holiday season quite yet? You may still be enjoying time at the pool, but if you haven’t started yet, now is the best time to start budgeting for Christmas. When you make a Christmas budget ah...

The RG/BSX Index closed at 2,553.68, down 2.19 points, or 0.09 per cent, on Bermuda Stock Exchange trading volume of 2,969 shares, worth $36,805.35. Shares of BF&M Ltd fell 1 per cent to close on $23.01 as 1,100 shares changed hands. Argus Group Hold...

The rate of inflation rose 1.4 per cent in May as airfares soared more than 27 per cent, the government said today. The year over year increase in the Consumer Price Index was the highest since August, 2019 when it was 1.5 per cent. The rise in air...

The Bermuda Monetary Authority has imposed civil penalties totalling $1.7 million on Allianz Life Bermuda Ltd pursuant to sections 20 and 24A of the Proceeds of Crime (Anti-Money Laundering and Anti-Terrorist Financing Supervision and Enforcement) Ac...

Government has seen a thousand applications from those who wish to take advantage of the “Work from Bermuda” initiative in its first year of offer, the finance minister Curtis Dickinson has said. The Minister also signalled the success of another gov...