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Bermuda’s immigration policy and the high cost of doing business are set to claim another member of the island’s retail sector with the imminent closure of award-winning stationery and gift store Pulp & Circumstance. Owner Michael Grayston said that ...

Nine students have graduated from the eight-week summer student entrepreneurship programme organised by the Bermuda Economic Development Corporation. Now in its second year, the programme is designed to promote a culture of enterprise and entrepreneu...

Shares of Argus Group Holdings Ltd fell 20 cents, or 6.2 per cent, to $3.05 after 10,533 changed hands. In New York, shares of Butterfield Bank were up 11 cents, or 0.41 per cent, at $27.22. The Royal Gazette/BSX Index was down four points, or 0.2 pe...

A boat designer has won a $4,000 scholarship from an international tanker shipping firm to help fund his studies in Britain. Hereward Dill, who is enrolled in the yacht and powercraft design course at Solent University, Southampton, was awarded the 2...

More than 20 per cent of the world’s top 50 largest reinsurers are based in Bermuda or have a significant presence here. In a latest rankings, PartnerRe Ltd is the highest placed Bermudian-based company, appearing at 12 on the 2018 list from ratings...

When Steven Hollis first started Ocean Sails he crafted sails, he was a competitor and the yachting season started in October. A lot has changed in the 48 years since then. Ocean Sails is now the only business of its kind in Bermuda, and Mr Hollis...

Shares of Butterfield Bank were down 45 cents, or 1.63 per cent, at $27.11 on the New York Stock Exchange. There were no trades on The Royal Gazette/BSX Index, which was unchanged at 1,961.4. The BSX Insurance Index was up 23.05 points, or 1.36 per c...

Aspiring lawyer Shannon Thomas has been awarded Carey Olsen Bermuda’s inaugural law student bursary. The bursary is a “five-figure sum”, although the firm did not disclose the exact amount. Mr Thomas is a 22-year-old Bermudian and was previously a st...

A former leading executive with Validus has been appointed president of Bermudian-based Aspen Insurance Holdings Limited. Jonathan Ritz has taken on the role with immediate effect. He was formerly the chief executive officer of Validus’s US insurance...

Dear Dave, Our son is 27, and he has a good job making $55,000 a year. Recently, we learnt he financed an expensive car he’s now upside down on. In addition, he has accumulated over $15,000 in credit card debt. He lives in a small town, and only pay...