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In the recent Budget Statement, the Minister of Finance confirmed that the Bermuda Government’s priority is to eliminate the deficit and that it has a three-year plan to achieve this goal. That statement serves as a reminder that a regular review of...

The chairman of Chubb’s Bermudian-based insurance operations is to retire at the end of the month. Rees Fletcher joined the former Ace 27 years ago as an underwriter and is one of longest serving staff members. The merger between Ace and Chubb Bermud...

Bermuda’s banks are upgrading their debit and credit cards in line with changing security standards elsewhere in the world. So-called “chip-and-pin” cards are on the way for customers of HSBC Bermuda, while those who bank with either Bank of Butterfi...

An arts and crafts store in Dockyard’s Clocktower Mall is set to double in size. The store, which opened just three years ago, has taken over a vacant unit next door to expand the display area for its growing range of goods. Andrea Moniz, co-owner of...

The Royal Gazette/BSX closed up 1.91 points or 0.16 per cent at 1174.13. Insurance group Argus was up 9 cents, or 2.3 per cent, at $3.99 after 4,300 shares changed hands. Fellow insurance firm BF&M remained at $16.70 after 2,300 shares traded. The BS...

A bid to bring a slice of Hollywood to Bermuda will be launched today. The Bermuda International Film Festival Purpose Trust is to highlight the advantages of the island as a base for film financing and production. Patrice Horner, a Biff Purpose Trus...

A pharmacy that has embraced some of the latest retail technology has opened in Hamilton. There is a spacious, modern feel to Par-la-Ville Pharmacy, which is on the corner of Church Street and Par-la-Ville Road, and that is a testament to the vision ...

Restaurant Blu has reopened after a major revamp and expansion. The new-look Blu, at the Belmont Hills golf course, closed in January as part of a $1.5 million renovation of the Warwick site and reopened last night. Costanzo Di Meglio, a partner in t...

The Royal Gazette/BSX closed unchanged at 1,172.21. The sole trading of the day was Bank of Butterfield, where 18,797 shares changed hands, leaving its price unchanged at $1.65. The BSX Insurance Index ended the day up 11.04 points, or 0.67 per cent,...

Late last month, HSBC presented its biannual CEO Business Confidence Survey, which showed that local CEOs are increasingly bullish about the Bermuda economy. As was reported at the time in this newspaper, confidence among the 100-plus respondents in...