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The owners of the cargo ship Bermuda Islander yesterday said that their service would be unaffected by next month’s America’s Cup races. The Bermuda Islander is due to arrive in Hamilton on Thursday, October 15 — when the inaugural races take place, ...

Fosun International Ltd, which agreed a $1.84 billion deal to buy Bermuda-based insurer Ironshore earlier this year, aims to build up funds for more acquisitions. The Shanghai-based investment firm, backed by Chinese billionaire Guo Guangchang, propo...

Global drinks giant Bacardi has notched up a hat-trick with US women. Three of the firm’s products — Bacardi rum, Grey Goose vodka and vermouth Martini — have won “Women’s Choice” awards in the US. Bacardi North America regional president Peter Carr ...

In the first of a series of monthly columns on information technology issues for businesses, Fifth Step chief executive officer Darren Wray looks at how IT fits into the business budget. It’s that time of year again when those with budget responsibil...

A luxury alternative to a hotel has reopened after a $5.5 million major makeover. Inverurie Executive Suites on Paget’s Harbour Road has been redesigned with the executive traveller in mind. “We see a requirement for a business-orientated hotel that’...

Three stocks declined and one climbed in Bermuda Stock Exchange trading today. The Royal Gazette/BSX Index gained 20.79 points, or 1.71 per cent, to close at 1,233.33. A total of 18,800 shares traded and turnover totalled $55,297.

Bermuda paid 1.9 per cent more for a typical basket of goods and services in July that it did a year ago. But the level of inflation fell 0.2 of a percentage point on the 2.1 per cent measured in June. The average cost of goods and services also fell...

An ice cream business that started a year ago has hit a sweet spot with customers and is looking to expand into the US market. In the space of 12 months Alex & Pete’s Bermuda Artisan Ice Cream has extended its range of flavours to 14, which includes ...

Trunomi, a Bermuda-based financial technology innovator, has enjoyed quite a week. Not only did it raise $3 million from venture capital firms, but it also took top honours in the Visa Europe Collab Startup Competition in Tel Aviv, Israel. The compan...

Next month’s America’s Cup opener could cause problems on Hamilton’s docks. The docks, at the east end of Front Street, will be used as the base for four of the competing teams — reducing the dock area by around a third. But Stevedoring Services’ chi...