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Two hospitality students got help with the cost of their studies thanks to a golf tournament held in memory of a top chef. Indiyah Mendes has been awarded $10,000 to help support her study for a degree in international hospitality and tourism managem...

A series of lunch and learn sessions dedicated to aspects of anti-money laundering audit processes, procedures and compliance, are to be held in Bermuda during the next few months. The monthly sessions are being hosted by Oyster Consulting (Bermuda) ...

Financial services firm Sun Life Financial International has indicated it plans to boost the size of its Bermuda workforce. Dan Fishbein, president of Sun Life Financial International US, said the new offices in Washington Mall had space for more tha...

Inflation fell in June to 0.8 per cent, down from 1.1 per cent the previous month. Between May and June, the average cost of goods and services in the Consumer Price Index increased by 0.5 per cent. The all-items index rose to 101.5 in June. This mea...

An open call has been issued to prequalify companies seeking to participate in the tender process to build a solar power facility on land adjacent to L.F. Wade International Airport. The Bermuda Government is seeking a six megawatt AC solar power pho...

Ascendant Group Limited, the parent company of Belco, has appointed Sean Durfy to succeed Walter Higgins who will be retiring as president and CEO. Mr Durfy will join Ascendant on September 12, having most recently served as CEO of Northland Power In...

Digicel Bermuda has boosted its range of smartphones by adding iPhones to its selection. The move “completes the set” for the company, which already sold Android devices, Blackberries and its own DL range of smartphones. Adding iPhones to its range h...

We are in the middle of the Summer Olympics. One thing really strikes me as one watches various events. The focus seems to be on the medals, but when you look at the quality of the competition, the amazing skills that all of these participants displa...

Bermudian-based investment holdings company Ocean Wilsons logged profits of more than $57 million for the six months to the end of June. Profits for the company, which operates a Brazilian maritime services firm through a subsidiary, were up 43 per c...

NEW YORK (Bloomberg) — In laying out his case last week for a lower corporate income tax, Donald Trump renewed his criticism of the financial manoeuvres known as “inversions” that allow US companies to lower their tax bills by shifting their legal ad...