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Vanessa Schrum, a partner in the Bermuda office of international law firm Appleby, has been recognised in Citywealth’s International Powerwomen Top 100 List 2019. The annual report profiles 100 of the most powerful women who are power players within...

Wayne Furbert, Minister for the Cabinet Office, today praised the trust industry for its role in maintaining the island’s reputation as a premier international jurisdiction. Speaking this morning at the Society of Trust and Estate Practitioners (STEP...

Retail sales plunged 7.6 per cent in August when adjusted for inflation. It was the sixteenth month in the past 18 that sales declined year over year and the largest percentage decline since June 2018. All retail sectors recorded lower sales volumes...

Two teams from Saltus Grammar School rule the roost at an early stage in the KPMG Investment Challenge. The “Birdbrains” and “Hayek Holdings” are number one and two, respectively, in the challenge table. They are among 22 teams keeping a close eye o...

Technology has brought huge changes to the construction industry over the last quarter-century, but some elements have remained unaltered over time, according to Greymane Contracting Ltd president Alex DeCouto. The company celebrated 25 years in busi...

Shares of LOM Financial Ltd moved up five cents, or 1.8 per cent, to $2.77 after 33,400 traded on The Royal Gazette/BSX Index. Butterfield Bank were up 50 cents, or 1.5 per cent, at $34.50 after 1,118 changed hands, while in New York the bank’s share...

International co-operation on tax transparency has identified about $113 billion in additional tax revenues over the past decade, says the Organisation for Economic Co-operation and Development. A report on the tenth anniversary of the founding of th...

A family business that has been part of the island’s real estate scene for 40 years has changed its name as it moves forward through its second and third generation. Shrubb Realty is the new name of Roderick DeCouto Real Estate, which moved from its ...

Bermudian-based re/insurer Arch Capital Group Ltd has completed the acquisition of Barbican Group Holdings Ltd, including Barbican Managing Agency Ltd, Lloyd’s Syndicate 1955, Castel Underwriting Agencies Ltd (Castel) and other associated entities. T...

Retail sales volume in Bermuda has fallen steadily since 2017. Data from the past 3½ years shows there were particularly strong sales from March to August 2017, coinciding with the island hosting the America’s Cup. However, since then each month has ...