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Utilities firm Ascendant is to use cash raised from the sale of Bermuda Gas to buyback up to 1.5 million of its own shares. The purchase would represent more than 14 per cent of the outstanding shares in the company. Walter Higgins, the Ascendant pre...

You’ve dreamt of owning a home for as long as you can remember. But lately, your dream has been more like a driving force than a twinkling in the eye. Perhaps your friends are all buying homes and pressuring you to do the same. Or maybe your rent jus...

Financial services firm Estera last night celebrated its independence with a party at the Bermuda National Gallery in Hamilton. But the company — which was Appleby Fiduciary Services until a management buyout at the start of the year — said it would ...

There’s a new look at Temptations in St George, and it is designed to make the café an even more tempting place to visit for refreshments, snack or a light meal. After being shut for more than two months to allow for renovations and a reshaping of it...

LONDON (Bloomberg) — The global fight against corruption should focus on major jurisdictions rather than bullying small territories, the heads of government of two offshore centres told world leaders. Addressing an anti-corruption summit in London ye...

Logic Communications has added a new voice service for its residential customers, allowing them to make unlimited local calls on a landline for a monthly fixed fee of $19.95. Calls can be made to anyone in Bermuda, whether they are a Logic customer o...

In the second of a two-part series, Stephanie Paiva Sanderson, Corporate Attorney and Chair of the Industry/Government Joint Committee on Fatca and CRS analyses recent developments in the global effort to increase transparency and how Bermuda is part...

David Cameron, the British Prime Minister, yesterday admitted some Overseas Territories are ahead of the UK in financial regulation. And Finance Minister Bob Richards said he had no doubt Mr Cameron meant Bermuda. Mr Richards, who attended the UK’s a...

Bermuda recorded a fifth successive quarter of economic growth in the last three months of 2015. Quarterly gross domestic product figures released by the Department of Statistics today showed that GDP was $1.4 billion in the fourth quarter of last ye...