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NEW YORK (Bloomberg) — Bermudian-based Signet Jewelers Ltd’s plan to shift away from beleaguered US shopping malls can’t come soon enough. The retailer posted a nearly 12 per cent plunge in same-store sales last quarter, a sign that sluggish mall tra...

Almost ten years after mounting losses pushed Bermudian-headquartered Scottish Re Group Ltd into run-off, the life reinsurance specialist has started a voluntary, provisional winding-up process. The action comes after the company’s management raised ...

A Michelin-star chef has launched a new restaurant at Hamilton’s Rosedon Hotel. Lucy Collins, a former contestant on TV’s chefs’ competition Chopped on the Food Network channel in the US, is in charge of Huckleberry — the fine dining arm of Take Five...

The Bermuda Perfumery yesterday launched a new perfume. Sunkiss was unveiled on a cruise for top clients and VIPs. Isabelle Ramsay-Brackstone of the Bermuda Perfumery said: “The fragrance notes in Sunkiss are Bermuda loquat, orange blossom and vanill...

Shares of Bank of Butterfield dropped two cents, or 0.06 per cent, to $33.13 on the New York Stock Exchange. The Royal Gazette/BSX Index was unchanged at 1,989.43 after a day of no trading. The BSX Insurance Index closed down 6.43 points, or 0.34 per...

Political uncertainty in many parts of the world is stimulating interest in Bermuda’s luxury real estate market. That is the view of Karin Sinclair, of Bermudian real estate firm Sinclair Realty Bermuda, who says the island’s beauty, tranquillity and...

Digicel Bermuda's island-wide LTE service goes live today, bringing faster upload and download speeds to mobile devices, greater consistency and better quality voice calls. The data download and upload speeds are expected to be up to ten times faster...

Hot on the heels of Bermuda’s Common Reporting Standard Regulations, Bermuda has issued its CRS Guidance and a list of reportable jurisdictions. Bermuda Reporting Financial Institutions must report to the Bermuda Monetary Authority by August 31, 201...

Bermudian entrepreneur Ashley Stephens is set to add some island flavour to the America’s Cup. For Ms Stephens, the founder of Ashley’s Lemonade, has joined the elite group of island vendors of food and drink in the America’s Cup Village. Ms Stephens...

Three stocks tumbled on The Royal Gazette/BSX Index. One Communications Ltd saw its shares close down 45 cents, or 18 per cent, at $2.05 after 20,700 traded. Devonshire Industries fell 25 cents, or 4.3 per cent, to $5.50 after 4,000 shares changed ha...