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Three Graces Day Spa has expanded to a third location, and this week held the grand opening of its spa concession at the island’s newest hotel, The Loren at Pink Beach. The spa and salon venture has also created a number of jobs. It is eight years si...

The Bermuda Stock Exchange has launched its “Own Your Share of Bermuda” campaign to raise awareness of opportunities to invest in the island’s public companies. The Royal Gazette is supporting the effort by publishing weekly features on each of the 1...

Two directors at utilities firm Ascendant have stepped down from the board. James Butterfield and Wilbert Warner retired last week after a combined total of 42 years as directors. Mr Butterfield joined the board in 1993 and Dr Warner joined in 1999. ...

The annual rate of inflation fell to 1.7 per cent in April — down from a 2½-year high of 2.4 per cent in March. Government statistics released today show that sharp year-over-year increases in the price of oil meant the fuel and power sector, as well...

The Bermuda Government has created a new portal that meets the island’s obligations under automatic exchange of tax information agreements. Bob Richards, the Minister of Finance, said the Tax Information Reporting Portal was essential for the island ...

One Communications has admitted making an error in its six-month unaudited financial statements published last December. And now the Bermuda Stock Exchange has extended the deadline for the telecommunications firm to file its full-year audited financ...

The Royal Gazette/BSX Index closed unchanged at 2,041.60 after a day of no trading on the Bermuda Stock Exchange today. Butterfield Bank’s New York Stock Exchange-listed shares gained 6 cents, or 0.46 per cent, to $34.95. The BSX Insurance Index ende...

Hamilton Insurance Group has made two senior role changes. Keith Bernhard, who previously worked in audit and risk management at the company, is now chief audit officer and Wendy Davis Johnson, who joined the firm in 2015, has become chief communicat...

Nordic American Tankers is experiencing lower daily charter rates for its fleet of 30 Suezmax tankers during this quarter than it did in the first three months of the year. However, Herbjørn Hansson, chief executive officer, said the rates remain wel...

When Belco workers opened up one of the their huge generators — known as E3 — for a routine overhaul last month, they got a nasty surprise. Inside the heavy oil-burning beast, half of the 16 connecting rods that link the pistons to the crankshaft wer...