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A broad measure of Bermuda’s economic activity contracted in the first quarter of this year, according to a report released today. Gross domestic product — the value of goods and services generated by the island’s economy — fell by 0.4 per cent in th...

Horseshoe Fund Services has been voted Best Offshore Fund Administrator in the prestigious HedgeWeek USA Awards 2018. The award for the fund services division of Bermudian-based Horseshoe Group recognises excellence among hedge fund managers and serv...

Retail sales volume plunged by 10 per cent in June compared to the same month in 2017 when the island was hosting the monthlong America’s Cup. It was the fourth successive month of year-over-year retail sales declines, according to data published tod...

Shares of Ascendant Group and Butterfield Bank changed hands on the Bermuda Stock Exchange, but the prices of both stocked remained unchanged. Ascendant, the parent company of electricity utility Belco, was the most actively traded stock, with 7,728 ...

Dear Dave, My husband started his own one-man, small business as a handyman a little less than a year ago. He has netted $17,000 in that time, but the business has about $13,000 worth of debt. We’ve always kept personal finances and business separate...

A business leader has called for international companies to confront the issue of a lack of diversity in their senior ranks and to combat the unconscious bias that allows it to continue. Patrick Tannock, chairman of the Association of Bermuda Interna...

A new company that will allow investors to buy and sell insurance risks much as they do stocks is planning to launch in Bermuda in the next few months. Extraordinary Re has developed a platform run by Nasdaq for the trading of insurance liabilities, ...

Two current hot topics in the office are data protection and cybersecurity. Not only are they areas that we advise our clients on, but they also directly affect our day-to-day habits in the office. Gone are the days when a lawyer’s desk and office w...

Bermudian Katherine Burchell has been appointed assistant front office manager at the Rosewood Bermuda hotel. Ms Burchell will help oversee the operations side of the front office, which includes managing agents, overseeing arrivals and departures an...

The Lili Bermuda Perfumery is celebrating its 90th anniversary. Isabelle Ramsay-Brackstone, master perfumer, said the secret to the St George’s business’s longevity had been its ability to reinvent itself. “We have to stay modern and keep up with ne...