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A glitch in credit and debit card machines has crippled some retailers in the run-up to Christmas, The Royal Gazette can reveal. Some point-of-sale card-swipe machines have closed down due to a time limit on their use — now HSBC is scrambling to find...

A bank chief who left Clarien Bank three months ago is to join its parent company in a top role. Zoran Fotak — who left Clarien Bank earlier this year — will become CEO of CWH Ltd, which is the 80 per cent majority shareholder in Clarien Bank. Mitche...

Telecoms firm CableVision is to increase its infrastructure capability by 50 times, the firm has revealed. The firm said it would use fibre networks direct to homes and lead to faster download times and allow for new services. CableVision CEO Terry R...

The struggling commercial real estate sector is bouncing back, according to the latest figures. Real estate firm Coldwell Banker said it had rented or placed in contract nearly 80,000 square feet of office space this year — most of it in the City of ...

Butterfield Bank is to axe phone banking in the new year. The bank said a lack of demand, new technology and support needs were behind the decision to end the service. A spokesman for the bank said: “Telephone banking has been trending downward, whil...

A new frozen yoghurt shop has opened at the Heron Bay MarketPlace. The supermarket chain set up shop themselves after they were unable to find a tenant for a vacant spot in the MarketPlace Plaza. A company spokesman said: “We started to look at what ...

Sexy sells, just ask Liz Adderley. She is celebrating the 20th anniversary of opening Eve’s Garden Lingerie shop in Hamilton. Whether it is a revealing pyjama set, some racy lingerie or a sex toy, the shop in the Emporium Building has quietly provide...

BF&M today released this press statement regarding the company’s results for the nine months up to September 30 this year. BF&M reports earnings for the 9 month period to 30th September 2014 of $21.6 million BF&M Limited today reported shareholders’...

An investment firm hit by falls in the share prices of major Bermuda companies believes it is poised to benefit from any America’s Cup-assisted upturn in the Island’s economy. Bermuda First Investment Company Ltd (BFIC) today reported revenue of abou...

Bermuda Aviation Services (BAS) is flying high after posting total profits of $1.65 million for the six months to the end of September. The figure is an increase of $375,000 compared to the same period last year. The firm’s revenues also increased — ...