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Bermudian businessman Mike Swan is a driving force behind green transport. Now Mr Swan, who owns the Lighthouse LED lighting specialist, has moved into electric scooters and power-assisted bicycles with his Veelr E-motion venture. And he plans to add...

Bermuda took top spot in a competition to find the world’s best digital jurisdiction. The island won the prize from UK magazine World Commerce Review — regarded as the principal awards for professional conduct and excellence. Grant Gibbons, Minister ...

Financial services holding company Somers Ltd notched up net income of $32.3 million for the year ended in September. Net asset value of the company’s shares stood at $18.66 at year end, up 5.2 per cent on the $17.74 recorded the previous year, the c...

Momentum. As we look forward to Christmas and the New Year we will also be looking forward to new challenges and new opportunities. Whatever you have been doing has built momentum in certain directions and towards certain goals. Now is the time to a...

Financial services firm LOM has hired two new asset managers. Nan Wang and Juan Pablo Fukushi have both joined LOM as junior portfolio managers. Scott Lines, chairman and CEO of LOM, said: “At LOM we strive to hire the brightest and most dedicated st...

A long-running Hamilton boutique is to close its doors for good at the end of the month. Guilty Pleasures in Washington Mall is to call it a day after rising overheads and the economic slump took its toll on the business. Owner Jamela Daniels, and ex...

The Bank of Butterfield rose $1 to $31 on The Royal Gazette/BSX Index. The move, equal to 3.3 per cent, came after 2,390 shares sold. The bank also rose on the New York Stock Exchange, up 61 cents or 1.91 per cent, to $32.51. Insurance firm Argus rem...

If you are looking to be involved in next year’s America’s Cup, now is the time to step forward. Bermuda’s businesses and residents are invited to register their interest in a number of commercial opportunities ranging from food and beverage service...

Bermuda today slammed a bid by a group of British MPs to enforce a public register of company ownership. Around 80 MPs from a cross-section of UK political parties want an amendment to a British parliament criminal finances bill to include a stipulat...

The Royal Gazette/BSX Index gained more than 5 per cent last week, buoyed by big increases in the share prices of KeyTech Ltd and Butterfield Bank. KeyTech, the telecommunications firm that owns One Communications, gained 70 cents, or 31.1 per cent, ...