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Retail sales volume in May was down 15 per cent year-on-year. The drop largely reflected the impact of Covid-19 safety restrictions that month, which included curfew hours and kerbside pick up sales for some businesses. In value terms, retail sales f...

Let’s talk about generational wealth. When you hear that term, you might picture “old money” or a huge fortune that gets passed down through the family line and think, “but my family never had that kind of money”. How could I ever build that kind of ...

The Tobacco Bay happy hour will be rocking again tonight after completely dodging the wrath of Hurricane Teddy on Monday. Concession owner Dennie O’Connor of Beach Boys Ltd, was relieved and excited. “We usually get damage,” Mr O’Connor said. “But ...

Hefty discounts will be on offer as the former ASC Women store holds its final liquidation sale. Today, there is 40 per cent off all items, tomorrow 50 per cent, and on Sunday, 60 per cent. Liquidators KPMG Advisory Ltd said: “The sale will include a...

The world’s first exchange-traded fund designed to track digital assets investments has been approved for listing on the Bermuda Stock Exchange. The Hashdex Nasdaq Crypto Index ETF, an open-ended investment fund that will operate as a traditional ETF...

The market dominance of Digicel and One Communications is leading to consumers paying “excessive” prices for internet and cell phone services and has created a telecommunications market with scope for “tacit coordination”, according to the industry’s...

One Communications Ltd has adjourned the Annual General Meeting of its shareholders which was due to be held today. The company has been notified that the delivery of the notice convening the meeting, together with ancillary materials, was adversely...

Mark Simons has rejoined insurance broker Bowring Marsh in its financial and professional liability placement team in Bermuda, as a senior vice-president. Bowring Marsh is the international placement specialist of Marsh. Mr Simons is responsible for...

More than half-a-million shares of One Communications Limited were traded on The Royal Gazette/BSX Index. The stock fell 10 cents, or 2.5 per cent, to $3.90, after 555,800 shares changed hands. Argus Group Holdings Ltd was up eight cents, or 3 per ce...

Bermudian-based Emergence Ltd has been awarded Prophix’s North American Partner of the Year. The award was announced during Canadian firm Prophix’s annual client and partner summit. Emergence specialises in the delivery of Microsoft business technol...