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Spending by cruise ship visitors in St George’s has been stimulated by an innovative shop-to-win promotion launched by the Bermuda Economic Development Corporation. More than 200 participants in the “Eat, Shop, Play” Shop To Win Initiative have spen...

First-quarter gross domestic product rose 3.7 per cent, after being adjusted for inflation, in the first quarter of this year. It was the fastest growth in quarterly GDP since the third quarter of 2015 and was helped by strong growth in construction ...

Monthly retail sales volume fell for the fourteenth time in 15 months, dropping 4.4 per cent year-on-year in May. This was the figure when adjusted for retail sales inflation, which was 0.8 per cent in May. All sectors were down, with the biggest dec...

No stocks traded on the Bermuda Stock Exchange as The Royal Gazette/BSX Index closed unchanged on 1,919.37. Butterfield Bank’s US-listed shares fell 27 cents, or 0.98 per cent, to close on $27.23. The bank’s shares last traded on the BSX at $27. The...

Nicholas Garside has been promoted to head of Bermuda property at Liberty Specialty Markets, which is part of Liberty Mutual Insurance Group. He takes on the role on Monday, and reports to Steve Horton, president, Liberty Specialty Markets Bermuda. M...

The head of a company that pledged to create fintech jobs in Bermuda has stepped down after bizarre comments in a series of media interviews. Patrick Byrne, founder and CEO of Overstock.com, resigned on Thursday after he told several news outlets he ...

Fiona Hatfield, Adam Birch and Scott Powell have been named as the top agents for 2018 by Coldwell Banker Bermuda Realty. Ms Hatfield, honoured as top agent in the residential sales category, has been with the company for more than 30 years. During t...

David Altmaier, commissioner of the Florida Office of Insurance Regulation, has been added to the line-up of speakers and keynotes for the annual PwC Insurance Summit, presented by the Financial Times. Mr Altmaier will be part of a panel with John Hu...

Who in Bermuda has not run out of water halfway through a shower, particularly in these hot, dry summer months? But cracking open the water tank and squinting into the darkness, might not be the most accurate way of monitoring how much water you have...

Polaris Holding Company Ltd, parent of Stevedoring Services Ltd and recently-acquired East End Asphalt Company Ltd, has reported a net profit of $801,000 for the fiscal year ending March 31, 2019. Operating profit was $1.07 million, the company said,...