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David Burt, the Premier, praised the work of the Bermuda Economic Development Corporation to encourage entrepreneurship and create jobs. Speaking in the House of Assembly this morning, Mr Burt said 27 businesses were approved for direct micro loans i...

A voluntary 3 per cent gratuity was introduced at Buzz outlets to make the quick-serve hospitality sector a more attractive industry in which to work, the chain’s owner said. Holger Eiselt said he and the management of Buzz owners Take Five Ltd intro...

MPs agreed on Friday to update legislation covering the island’s fintech industry. The House of Assembly heard that the industry was evolving rapidly, requiring the island’s laws to keep up. The Digital Business Amendment Bill 2019 tweaked legislatio...

Legislation to advance Bermuda’s efforts to become a digital hub for the interconnection of submarine cables was tabled in the House of Assembly on Friday. Walter Roban, the Minister of Home Affairs, tabled three bills for consultation that he said w...

Tomorrow, Steve Wilson takes up the mantle of senior vice-president, head of casualty and speciality for Hamilton Insurance Group’s new American reinsurance platform. Based in New York for this new role, Mr Wilson will help launch the build out of H...

Four Bermudian companies have been awarded subcontracts for work on the airport redevelopment site, Bermuda Skyport Corporation Ltd announced today. Bermuda Skyport is overseeing construction of the new terminal. Contracts have been awarded for work ...

Butterfield Bank shares fell 3.7 per cent in Bermuda Stock Exchange trading. The bank dipped $1.15 to close on $29.85 on the trading of 4,374 shares. Butterfield’s US-listed shares fell nine cents, or 0.3 per cent, to close on $29.64 on the New York...

Leslie Rans is to step down from her position as chief executive officer of Bermuda Aviation Services Ltd at the end of the month, the company announced today. In a filing with the Bermuda Stock Exchange, BAS said that Ms Rans will “take a leadership...

The Bermuda Chamber of Commerce is to hold a lunch-and-learn information session entitled “A GPS for your Business”. The session, next Tuesday from 12.30pm until 2pm at the chamber offices, will feature Mike Penrose and Dylan Marshall from KPMG in Be...

No stocks traded on the Bermuda Stock Exchange, as The Royal Gazette/BSX Index closed unchanged at 2,117.14. The US-listed shares of Butterfield Bank fell 31 cents, or 1.03 per cent, to close on $29.73 on the New York Stock Exchange. On the BSX, the ...