Log In

Bermuda’s retail sales dropped by 30.6 per cent in April, after being impacted by the shelter-in-place measures put in place to curb the spread of Covid-19. Wayne Furbert, Minister for the Cabinet Office, said: “After adjusting for the retail sales r...

The Institute of Directors Bermuda has congratulated Denton Williams, chief executive of the Regulatory Authority of Bermuda, on the achievement of the Certificate in Company Direction designation. Branch chairwoman Rochelle Simons, said: “We are de...

The Association of Bermuda Insurers and Reinsurers has announced the formation of the new Abir Data and Privacy Taskforce to help ensure Bermuda meets international requirements regarding the use of personal data. The task force, chaired by Jim Paugh...

Bermudian-based dry bulk shipping company Golden Ocean Group Limited has reported a net loss of $41.3 million, or 29 cents per share, for the second quarter. That compares to a $160 million loss in the first quarter of the year. During the three-mont...

A Bermudian entrepreneur has launched an online marketplace and advertising space aimed at assisting local businesses grow through e-commerce, and helping customers locate goods and services they are seeking. Damien Furbert has been putting the finis...

Shares of Butterfield Bank fell $1, or 3.7 per cent, to $26 on The Royal Gazette/BSX Index, after 7,532 changed hands. On the New York Stock Exchange, the bank’s shares were down one cent, or 0.03 per cent, at $26.19. The Royal Gazette/BSX Index was ...

There are encouraging signs for the world economy that have given Bermudian-based Nordic American Tankers optimism for the future. The tanker operator has reported net income of $49.1 million, or 33 cents per share, up 24 per cent from the first quar...

For more than half a century charter boat operator Nigel Prescott has taken thousands of convention visitors on water tours around Bermuda. Now, with the convention season cancelled due to Covid-19, the owner of tour boat company, Tam-Marina, is app...

He wants to offer price and service quality competition to take on the established telecoms market companies, but for now Gilbert “Artie” Darrell can only kick his heels as he waits. The company he founded, Horizon Communications Ltd, is ready to spr...

The Bermuda Government has reportedly priced a $1.35 billion bond issuance that will be used to refinance existing debt at more favourable interest rates, and to meet future borrowing needs. The bonds are evenly split between 10-year and 30-year matu...