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Bermuda’s business community today said that tackling the island’s debt mountain was key to revitalising the economy. Chamber of Commerce president John Wight said: “Government has a very challenging job to narrow the 2016-17 year deficit in order to...

The Royal Gazette/BSX Index today closed unchanged at 1,219.37 after a day of no trading. The BSX Insurance Index was up 9.45 points, or 0.58 per cent, at 1,649.02.

Preferred shareholders of PartnerRe are to receive a total cash payment of about $42.7 million in connection with the company’s acquisition by Exor. The payment equals $1.25 per preferred share, and is expected to be made in the current financial qu...

Jersey and Guernsey have had their long-term credit ratings cut by Standard & Poor’s Ratings Service, with both jurisdictions being lowered from AA+ to AA. The changes reflect concerns about increasing regulatory complexity and demands, with the rati...

Delegation. How often have you observed the person who believes that they can be all things to all people? They are the ones who can do everything! The only challenge with this is that they usually run out of time and energy. The key to success is t...

Business leaders will get an opportunity to learn more about the government’s Budget for the coming year at the Bermuda Chamber of Commerce’s annual Budget Breakfast on Monday. Bob Richards, the finance minister, will be at the event to talk about th...

A top executive from Bermudian-based drinks giant Bacardi has appeared before a US House of Representatives committee in a trademark battle with the Communist government of Cuba. Rick Wilson, Bacardi senior vice-president for external affairs, was ca...

Have you ever been in a meeting where someone spoke to a colleague or to you in such a way that everyone in the room froze? Everyone seemed shocked, not by what was said, but how it was said — the tone of voice being used. Haven’t those issues come u...

Bermudians are worried about their ability to afford retirement, an expert from HSBC said yesterday. Renee Bullock-Cann, HSBC Bermuda head of retail banking, wealth management and marketing, said that a worldwide survey by the bank registering concer...

Electronics firm P-Tech is to merge with rival The Complete Office, it was revealed late today. P-Tech, part of the Phoenix Stores group, will move The Complete Office and its stable of products into its existing Reid Street store, where it will trad...