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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 ...

A total of four lawyers from Appleby have been honoured with spots on a leaders list compiled by a business magazine. Appleby partners Vanessa Schrum and Keith Robinson, counsel Michael Mello QC and senior associate Ashley Fife were all singled out f...

A world-ranked expert in leadership is to speak at a conference beamed to Bermuda by satellite. John C. Maxwell, a New York Times bestselling author and coach, will be a keynote speaker at the Live2Lead event, to be held at the Elbow Beach Hotel next...

Europe is set to bail out its “zombie banks” within the next few months, a banking industry expert told an audience of asset management professionals in Bermuda yesterday. Lawrence McDonald, who witnessed a bank’s collapse from the inside when he was...

A business perspective on the digital changes impacting the world now and in the future, has been presented by Microsoft to executives in Bermuda. The first Microsoft CXO event on the island was an opportunity for the technology company to present in...

Payment services firm First Atlantic Commerce has won a contract to provide services to Grand Cayman’s power company. The contract will see FAC providing the PowerPay online bill payment option for Caribbean Utilities Company customers. Chris Burns, ...

A health and fitness centre has recruited a new Pilates instructor. Horizon Health, based in Hamilton’s Reid Street, has signed up Noelle Lorentz Redfern as the third Pilates expert to join the company. Caroline Tee, owner of Horizon Health, said: “N...

A businesswoman is planning to stitch up the market with a new yarn store as a revival of the craft of knitting gets under way. Cindy Ashton yesterday launched Black Purl — a specialist shop for knitting and crochet enthusiasts. Ms Ashton said: “The ...