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The volume of retail sales was 5.9 per cent higher in June than in June 2020, after adjusting for the retail sales rate of inflation, measured at 1.9 per cent in the month. The uptick was attributed mostly to increased spending on-island by resident...

Young Bermudians keen to work in the island’s growing tech sector have a wide range of opportunities, panellists at the Bermuda Virtual Tech Summit said today. Jeff Baron is the chief compliance officer at Bittrex Global Bermuda, which is licensed by...

A global agreement on minimum corporate tax rates has approved an exclusion for the island’s international insurance industry. Curtis Dickinson, the minister of finance welcomed the carve-out by the Organisation for Economic Co-operation and Developm...

Bermuda was given the nod of approval by Kroll Bond Rating Agency (KBRA), affirming the island’s long-term issuer ratings and revising it from negative to stable. The report says that the ratings were affirmed because of several key credit considerat...

KPMG in Bermuda has promoted four employees to directorships, while expanding its advisory practice with four new appointments. The professional services firm said that the appointments have been made because business needs are constantly changing wi...

Top-ranked Florida State University extended their winning streak to 14 games on the season with a 4-1 win over Miami yesterday at home in Tallahassee. It was also the sixteenth straight ACC win for the Seminoles with the win marking the ninth time ...

Ignite Bermuda has expanded its team with the appointment of Bermudian Selica Blackwood as the organisation’s new communications and administrations officer. The entrepreneurial accelerator, which said that it received 79 applications for the post fr...

Jason North got off to an ideal start to the new Bermuda Karting Club National Championships campaign with a perfect outing in the opening round at the Southside Raceway on Sunday. Competing in the L206 Senior Class, North was at his dominant best wi...

Enough cash could be raised by Christmas to rebuild a playground destroyed by arson, a fundraising group said yesterday. Pig’s Field Family Connections, set up after the attack on the Pembroke park in April, added that the new playground was the firs...

Everest Re Group Ltd has estimated total pre-tax net catastrophe losses of $635 million for the third quarter. The announcement was made by the Bermuda-based global re/insurer today, in advance of its full quarterly earnings to be released on October...

Retailers concerns about a proposed ban on single-use plastics will be heard, the Government said this week. Walter Roban, the Minister of Home Affairs, said at a press conference that he was pleased by the feedback that had already been received as ...