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HSBC Bermuda has decided to leave its lending rates unchanged in the wake of the US Federal Reserve’s rate hike yesterday. The bank’s announcement means that monthly repayments and terms for variable-rate loans and mortgages will not change for HSBC ...

Bermuda-based global payment gateway First Atlantic Commerce and Butterfield Bank have teamed up to offer island charities cut-rate online processing fees. FAC will provide online gateway transaction processing services free of charge to local charit...

Electrical contractor Besco has a new general manager. Craig Davis, formerly general manager of telecoms firm LinkBermuda, has extensive experience in operational management. Mr Davis said: “I’ve had the pleasure of working with Besco as a customer i...

Borrowers are set to pay more interest on their mortgages and loans after the central bank of the US declared an interest-rate rise of a quarter of a percentage point. The increase in the US Federal Reserve’s federal funds rate, which was widely anti...

Long-running pharmacy People’s has opened a second store in the acute care wing of the King Edward VII Memorial Hospital. Tamara Richardson, vice-president of People’s, said: “We were very happy to have been chosen by Bermuda Hospitals Board to partn...

The telecommunications industry regulator has launched an investigation into billing errors by phone firm BTC that led to business customers being hit with extra charges for services dating back a year. The Regulatory Authority stepped in after membe...

A new fibre network will boost internet and TV services, telecoms firm One Communications said today. Work has started on the new network, first in Hamilton then spreading across the island, as part of a $20 million investment by the company to impro...

A new food truck specialising in Portuguese cuisine has hit the fast lane. And now Generosa’s has expanded, taking over the patio of a nearby former restaurant to create an outdoor dining area. The business, the brainchild of Sandy Rodrigues, who hai...

A recruitment company yesterday launched a new free service to help young graduates and school-leavers land their first job. Expertise, a leading provider of recruitment and human resources services, will kick off the new BermudaGRAD service with a s...

Car dealers Auto Solutions has taken on new staff. Danny Benevides has joined the Pembroke company as master technical specialist and George Holman-Perry and Samuel Dale have been taken on as service technicians. Denise Fox has been hired as customer...