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A young Bermudian martial artist, who teaches the art of Muay Thai, is looking for a permanent location to grow his business. Deondre Morris, 29, started Bermuda Thai Boxing Academy earlier his year, after he took a leap of faith and left his full-ti...

Bermuda’s gross domestic product grew by 2.5 per cent after inflation last year, thanks partly to an economic boost from the America’s Cup. The strongest growth was in the hotel and restaurant sector and the real estate and renting industry, two of t...

LONDON — The UK renewed its attack against offshore tax evasion with plans to publish a new compliance strategy around the overseas entities that wealthy individuals use to conceal their assets. The move “will build on the substantial progress the UK...

Two former executives of collapsed oil company Afren were sentenced to a combined total of 30 years in prison yesterday for fraud and money-laundering offences after they received millions of dollars in secret payments through a Bermudian-based entit...

Carey Olsen Bermuda has lured Ashely Fife from Appleby to join its trusts and private wealth practice. Admitted as a solicitor in England and Wales, Bermuda and Australia, Mr Fife specialises in advising clients on the creation, management, restructu...

Butterfield Bank was the only stock that traded on The Royal Gazette/BSX Index. A total of 8,462 shares were exchanged, but with no effect on the closing price of $38. On the New York Stock Exchange the bank’s shares were up $1.09, or 2.88 per cent, ...

The cost of electricity in Bermuda is to be reviewed by Belco following an instruction from the Regulatory Authority. The retail rate review will result in an updated usage charge on bills, based on rate per kilowatt hour. In addition, the facilities...

An online medical supply business is due to launch a retail store next month. Lighthouse Medical Supplies Ltd will be located at 14 Cemetery Road, Pembroke. The company is a Bermudian-based, medical, long-term care, surgical, dental and laboratory su...

Deloitte Bermuda will present a financial crime symposium this week at the Tradewinds Auditorium at the Bermuda Underwater Exploration Institute. Topics to be discussed will include cyber and financial crime and new compliance demands. The event wil...

Executives from the reinsurance industry, editors from the Financial Times and the Premier will share their views on stage at the PwC Insurance Summit this week. This year’s substantial catastrophe losses and the evolution of insurtech will be two of...