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Shares of Ascendant Group and One Communications traded on the Bermuda Stock Exchange. Ascendant, the owner of electric utility Belco, remained unchanged on $20 as 5,000 shares changed hands. One was also unmoved on $3 as 1,500 of the telecoms group’...

Retail sales fell for a ninth consecutive month in November, with only one of the seven retail sectors eking out a year-on-year increase. Adjusting for inflation, the volume of retail sales fell 2.3 per cent. It is now the equal longest spell of con...

Michael DeSilva has been appointed director of security and emergency management at the Hamilton Princess and Beach Club. Mr DeSilva, formerly the Commissioner of the Bermuda Police Service, will be responsible for overseeing the security, safety and...

More than 60 people attended a seminar focused on what is necessary to start up a new business. Experts at the Bermuda Economic Development Corporation event gave advice on a range of topics from dealing with government departments, insurance, bankin...

Entrepreneur and philanthropist Michael Bloomberg will join Brian Duperreault, chief executive officer of AIG, at an industry forum in New York later this month highlighting Bermuda’s historic and mutually beneficial relationship with the US. The for...

Butterfield Bank has introduced a new online platform that is causing some customers headaches. The new version of Butterfield Online was launched last Saturday evening and is accessed through a new web address, www.butterfieldonline.com. Customers a...

Bacardí supports the right to seek justice for those whose properties were confiscated in Cuba by the Fidel Castro regime almost 60 years ago. The Bermudian-based company was commenting in the wake of the United States’ opening of a very limited sco...

Before the America’s Cup got under way in 2017, organisers promised the world; cash, attention, tourism — Bermuda would get it all. Two years on, hotel industry leaders Stephen Todd and Tim Morrison said the six-week sailing event more than lived up...

It is likely that One Communications and Digicel engaged in “tacit co-ordination” in the past, which would have impacted the electronic communications marketplace in Bermuda. That is the view of the Regulatory Authority of Bermuda, which is seeking f...

Ascendant Group Ltd was the lone domestic-board stock to trade on the Bermuda Stock Exchange. The owner of power utility Belco remained unchanged on $20 as 10,600 shares changed hands. Butterfield Bank’s US-listed shares dipped by $1.37, or 3.5 per c...