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A legal battle over Britain’s demand that Bermuda establishes a public beneficial ownership register will most likely be avoided. That is the view of Lord Tariq Ahmad, Britain’s Foreign Office Minister for the Overseas Territories, who said the UK wa...

Bermuda Tourism Authority partnered with upscale retailer Saks Fifth Avenue to showcase the island in New York, Toronto and Boston. For two weeks in March, the island had three window displays at Saks Fifth Avenue and hosted “Dark ‘n Stormy” bars in ...

Curtis Dickinson, the Minister of Finance, is leading a delegation of government, regulatory and industry leaders at the Risk and Insurance Management Society annual conference and exhibition in Boston, which got under way today. David Burt, the Prem...

AS Cooper & Sons is to close the second-floor retail space at its main store on Front Street. It will continue to operate the ground floor, where it sells cosmetics, jewellery and home items, and also the Reid Street level third floor, which features...

Dear Dave, I’ve started following your plan, and I’ve got a beginner emergency fund of $1,000 saved. Now that I’m ready to start paying off debt in Baby Step 2, do you recommend paying off credit card balances before or after closing the accounts? MA...

Looking west, down Hamilton Harbour, past Hinson’s Island and into the Great Sound, the view from Mitch Blaser’s corner office on a beautiful spring day was clear and bright. Bermuda’s future is somewhat cloudier — but Mr Blaser, chief transformation...

Bermudian-based charter jet operator Longtail Aviation has sold a majority stake to a group of investors led by aviation industry veteran Fabian Bello. Mr Bello is the chief executive officer of Journey Aviation in Boca Raton, Florida. The infusion o...

After two years in operation, the BruMae Caffé on Burnaby Street closed its doors today. But owners Ashly and Bruno Cucinotta said this is not goodbye. “We are relocating,” Mrs Cucinotta said. “I don’t want to say to where yet, but it will be out of ...

Butterfield Bank will achieve greater balance of its business and balance sheet across three jurisdictions by acquiring a banking business in the Channel Islands. It has reached an agreement to acquire ABN AMRO (Channel Islands) Limited in a £161 mil...

Banking shares did well on The Royal Gazette/BSX Index. Butterfield Bank was up 75 cents, or 1.9 per cent, at $39.25 after 4,439 traded, while HSBC Holdings improved 30 cents, or 3.68 per cent, to $8.45 after 1,000 changed hands. Shares of BF&M Ltd w...