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Retail sales fell by 1.1 per cent year-on-year in January to $84.3 million. Five of the seven sectors in the Retail Sales Index saw drops in sales revenue. The biggest loser was the motor trade, with an 11.8 per cent fall in sales revenue, attributed...

A Bermudian tycoon has bought a luxury condo in a former US nuclear missile silo designed for the super-rich to shelter from disasters. The businessman paid up to $4.5 million for an apartment in the Survival Condo Project complex, near Witchita in K...

Instituted at the beginning of the year, new reporting requirements for Bermuda commercial insurers registered as Class 3A, Class 3B, Class 4, Class C, Class D or Class E (Insurers) under the Insurance Act 1978 (Act), improve the visibility of the fi...

The operators of one of Bermuda’s lifelines has signed up for a replacement ship. Shipping firm BCL has ordered a new Oleander to replace the current vessel, which has been in service for more than a quarter of a century. The 120-metre, 6,500-ton dea...

Bermuda’s courts have adopted new rules designed to help struggling international companies to stay afloat. Chief Justice Ian Kawaley said he had issued a new Commercial Court practice direction based on Singapore rules aimed at improving communicati...

Aon will today start its 2017 Global Broking Leadership Meeting in Hamilton. The insurance and reinsurance broker and risk management adviser has brought together chief broking officers from more than 15 countries and lines of business, plus other se...

The Bermuda Hotel Association is taking a pragmatic approach to the news that the Bermuda Tourism Authority has signed an agreement with Airbnb. Stephen Todd, president of the BHA, said the organisation had long recognised the presence of small-scale...

NEW YORK (Bloomberg) — Richard Fain, the chief executive officer of Royal Caribbean Cruises Ltd, is willing to bet $5 billion that he can take everything you know about cruising and flip it upside down. Or at least outside in. On Monday, he and Lisa ...

A corporate trivia quiz night now in its third year has seen a doubling of the number of teams signed up to take part this year. And there is still time for a few more to get their names down for the event at the Royal Bermuda Yacht Club on Thursday....

An awards system that has helped nearly 600 students to study for careers in international business is being boosted by past recipients. Some of those who have benefited in the past from receiving an education award from the Association of Bermuda In...