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Dear Dave, I’m 19 years old, and I’m putting myself through college debt-free. I usually work part time during the semesters, but right now I’m working full time. I have about $2,000 in mutual funds, and I was wondering if I should add my full-time w...

Belco’s customers will feel the effects of some significant increases in electricity prices when higher tariffs kick in next month. But greater pain is likely in the coming months when the fuel adjustment rate — which has just hit a nine-year low — c...

OSLO (Bloomberg) — Seadrill Ltd, the offshore rig company domiciled in Bermuda, said operating earnings beat forecasts as the company deepened costs cuts to weather a market downturn provoked by the collapse of oil prices. Earnings before interest, t...

Power charge increases by Belco will force up costs for hotels and grocery stores. Stephen Todd, chief executive of the Bermuda Hotel Association, said that rising power costs would impact his members. He added: “There are concerns — we have just now...

NEW YORK (Bloomberg) — Carlyle Group LP’s Olivier Sarkozy, the head of the private-equity firm’s financial services group, has resigned, people with knowledge of the move said. Mr Sarkozy, the half-brother of former French President Nicolas Sarkozy, ...

The Attorney-General’s Chambers is to represent former airport ground services firm BAS Serco in a dispute over redundancy payments to staff, The Royal Gazette can reveal. And, if a legal bid by former staff to win redundancy payments from BAS Serco ...

ZURICH (Bloomberg) — Credit Suisse Group AG sold 220 million Swiss francs ($222 million) of innovative insurance-linked securities through a Bermudian special purpose insurer listed on the Bermuda Stock Exchange. The bonds, sold under the name of Op...

The Royal Gazette/BSX Index today closed down 0.69 points, or 0.06 per cent, at 1,154.20. A total of 65,000 shares in the Bank of Butterfield traded, leaving its price unchanged at $1.62. Telecoms firm KeyTech was down 5 cents, or 2.5 per cent, at $1...

Ratings agency Fitch has downgraded Bermuda Commercial Bank. Fitch said the move reflected an increase in BCB’s risk profile and weakened capital position in the wake of a shift in the business mix. The bank’s long-term issuer default ratings has gon...

1. Create a compelling vision of the future — where are we going, and why? To lead, you need followers so ask yourself why people should follow you. One powerful reason would be to create a compelling view of the future with an emphasis upon the p...