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A company specialising in managing funds for the super-rich has launched a new pension plan with wider appeal. Granaway Wealth Management has teamed up with insurance company Freisenbruch-Meyer to create a plan that cuts down on fees — increasing the...

The owner of a hotel clothing store has branched out into the Hamilton Princess. Miranda Conway, who runs Luxury Gifts Bermuda, has opened up two boutiques in the new-look hotel, adding to her existing Regali operation at Rosewood Tucker’s Point in H...

The Bank of Butterfield’s outlook has been upgraded to positive from stable by ratings agency Standard & Poor’s. And S&P said the likelihood of the overall banking industry country risk-assessment score for the island improving was “increasing.” The ...

International legal firm Harneys has won a top award for offshore law. Harneys, which merged with Bermuda firm Hurrion & Associates last year, was named offshore legal firm of the year by professional magazine The Lawyer. Peter Tarn, Harneys managing...

Bermuda Aviation Services posted an improved profit of $2.8 million for the year ended in March. The figure was $2.3 million up on the $471,000 made the year before. Ian Cook, group president and CEO of BAS, said: “These positive results are underpin...

Dockyard Glassworks has gone home. The company has moved back into its original home after $900,000 worth of renovation work, including a new roof and windows. The furnace was also moved from the centre of the building. An official opening celebrati...

The Royal Gazette/BSX Index closed unchanged at 1,170.20 after a day of no trading. The BSX Insurance Index ended the day up 6.48 points, or 0.39 per cent, at 1,681.78.

For Graham Redford it has been a busy first year as managing director of Rubis Energy Bermuda, not least because of the $17.7 million purchase of Bermuda Gas from Ascendant Group in April. There have been other challenges, including the ongoing weigh...

An insurance company will today hold a special seminar on retirement planning. The event, organised by Colonial Pension Services, will be presented by global investment company MFS Investment Management, based in Boston. Topics include how long peopl...

A managing director of the US-based global financial services and private equity firm The Carlyle Group has joined the board at Bank of Butterfield. James Burr, a managing director at The Carlyle Group, has become a non-executive director of the bank...