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Building materials stores and vehicle distributors saw a spike in sales during August, playing a lead role in the 4.7 per cent increase in retail sales for the month. Total sales were estimated at $98.5 million in August, up from $94.1 million in the...

It was a quiet day on The Royal Gazette/BSX Index, with only two stocks trading. A total of 1,834 shares of Butterfield Bank, and 1,162 shares of Somers Ltd, were exchanged, but with no movement to the respective closing prices. The Royal Gazette/BSX...

PwC has turned to home-grown talent among a slew of leadership appointments. Three of the Bermudians appointed have spent most of their careers abroad and have now returned home to the island to join PwC Bermuda’s leadership team. The professional-se...

US companies that make billions of dollars from patents and other intellectual property held offshore would be eligible for a special 12.5 per cent tax rate on those earnings under the Senate tax plan. That’s a potential “gold mine” for some multinat...

Opportunities. If you look forward with optimism then you will always identify great opportunities. The future is always ahead of you and what you do with that is up to each one of us. I always recall the story that back in about 1900 the head of th...

On the face of it, having representatives of Airbnb and Expedia speak at a hotel investment conference was unusual. Indeed, the first question asked of them at the Caribbean Hotel Investment Conference and Operations Summit was how they respond to ac...

Shares worth almost $1 million were traded on The Royal Gazette/BSX Index, but only one stock moved during the day. Argus Group was up 10 cents, or 2.6 per cent, to $3.95 after 500 shares changed hands. There was trading of 1,100 shares of BF&M Ltd, ...

Payments technology company First Atlantic Commerce has expanded its online card-processing services across Central America. The Bermudian-based payment gateway can now offer payment solutions to merchants in Costa Rica, Honduras, El Salvador, Guate...

Alchemy Fitness Studio is introducing new services for next year after settling into its new home on Reid Street. The fitness centre, which relocated earlier this year from its former home at the corner of Church Street and Par-la-Ville Road, moved t...

The Royal Gazette/BSX Index fell 3.6 per cent last week, largely because of a tumble in the price of Butterfield Bank shares. The Bermuda Stock Exchange was closed yesterday for the Remembrance Day public holiday. Butterfield slipped $1.75, or 4.7 pe...