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The quango responsible for the historic Royal Naval Dockyard has awarded two contracts to renovate four residential cottages and apartments. Island firm Gray & Co will replace the roofs on two cottages, while RMS Construction will renovate two more c...

The Rubis Warwick Gas Station will get some of its electricity needs fuelled by a newly installed array of 64 solar panels. Be Solar installed the panels, the latest example of a commercial venture investing in alternative energy to trim its Belco b...

The Bank of Butterfield went up on both the Bermuda and New York Stock Exchanges. The bank rose 50 cents, or 2.1 per cent, to $24.50 on The Royal Gazette/BSX Index after 6,300 shares traded. Butterfield hit $25.03, up 26 cents, or 1.05 per cent, on t...

Bermudian-based Qatar Re has been granted a licence to operate a branch office in Singapore. The company, which is headquartered in Hamilton, also has branch offices in Zurich and Dubai, and a representative office in London. The reinsurer previously...

The information technology sector boosted Bermuda’s economy by $213 million last year. That is equivalent to 3.6 per cent of the island’s gross domestic product. Capital investment in the sector went up by more than a third, from $88 million to $119 ...

Butterfield Bank shares ended the week up 50 cents, or 2.1 per cent, at $24 on The Royal Gazette/BSX Index. A total of 63,238 shares were traded during the week. On the New York Stock Exchange, Butterfield’s shares closed on Friday at $24.75, up 68 c...

Bermuda could benefit from uncertainty over Britain’s future relationship with the European Union, a top economic analyst said. Paul Domjan, CEO of 4CAST-RGE, a London-based international economic forecaster, added that Bermuda might be better off if...

The Bank of Butterfield closed up one cent, or 0.04 per cent, to $24.77 on the New York Stock Exchange. There were no trades on The Royal Gazette/BSX Index. The index closed unchanged at 1,564.72. The BSX Insurance Index dropped 11.40 points, or 0.69...

Retail sales in July stayed in positive territory, increasing 1 per cent in value year-on-year. Sales of $104.1 million were recorded. After adjusting for the annual retail sales rate of inflation, which was 0.3 per cent in July, the volume of retail...

Dear Dave, I make $2,100 a month after taxes, and I have accumulated $46,000 in credit card debt. My husband makes more than I do, but he won’t help me. He says I got myself into this mess, so it’s my job to stop being irresponsible and fix it on my ...