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Ascendant Group Ltd’s operating earnings doubled to $14.5 million last year as electricity sales rose for the first time in six years. The group, which owns Belco, attributed the $7.2 million increase in earnings to improved results at the power util...

A Reid Street office building has been renamed Innovation House after it was sold last year. The building, previously known as Ram Re House, will house technology company Fireminds and meet the expansion needs of insurance firm Freisenbruch-Meyer Gro...

A Dockyard restaurant is getting a new name and new cuisine after being taken over by two couples. Freeport restaurant has been renamed Anchor Restaurant, Bar and Lounge and its new owners say its menu will feature contemporary cuisine with a selecti...

A new bar has opened on Reid Street. Owners Glen Wilks and Warren Reid-Rubaine are hoping Bungalow 56 will prove the antidote to social media. They designed the venue to bring people closer together; Mr Wilks describes it as a “cross-pollination proj...

An initiative to attract sports teams and sports-orientated tourists to Bermuda during the winter months is paying off for businesses on the island. More hotel rooms are being booked, transport operators are picking up business during what is usually...

An initiative to attract sports teams and sports-orientated tourists to Bermuda during the winter months is paying off for businesses on the island. And the partnership between the Bermuda Tourism Authority and the National Sports Centre, which is at...

Shopping online has increased in Bermuda, according to a new survey. However, compared with a number of similar island jurisdictions, Bermuda residents are more likely to shop at local retailers. And that finding has been hailed as testament to the e...

LOM Financial Ltd’s 2015 earnings fell as brokerage revenues declined, but assets under administration rose helped by strong performance of its mutual funds. The Bermuda Stock Exchange-listed broker-dealer said net income last year was $141,528 or 2....

Bermuda Telephone Company will move its bill payment centre to a new, permanent location next month. The company closed the doors of its Victoria Street payment office on April 8, moving the operation to a temporary office in Church Street. However, ...

Bermudian-based Windward Management Ltd has entered into a “strategic alliance relationship” with one of the biggest private banks in the US. The aim is to introduce high net worth investors in Bermuda to the services offered by BNY Mellon Wealth Man...