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A new hotel development in St George’s is set to break ground no later than June, according to Shawn Crockwell. Mr Crockwell added that Desarrollos has reached agreement on all of its financing arrangements. However the Minister of Tourism Developmen...

The Island is at a critical stage in addressing its healthcare needs and reform is vital to creating a more sustainable health system, according to Jeanne Atherden. But the Minister of Health, Seniors and Environment said changing Bermuda’s culture f...

Safety advisers in the United States are probing dozens of fires involving hoverboards, the Office of Consumer Affairs has warned. According to the Consumer Product Safety Commission in the US, many of these took place indoors and could have resulted...

Insurer Ace Limited has delisted from the Bermuda Stock Exchange (BSX) following its acquisition of Chubb Corporation in a $29.5 billion takeover. The deal created the world’s largest publicly traded property and casualty insurance company. The Ace n...

Butterfield Bank and its international subsidiaries have picked up two awards from Citywealth, the Britain-based publishers of wealth-management industry news and directories. Butterfield was named as the Caribbean’s trust company of the year, and al...

The Island’s telecommunications sector is to be put under scrutiny in a survey that aims to discover if the market has become more or less competitive during the last few years. It is the second market review of the industry. The first was conducted ...

The chairman of the upcoming Commission of Inquiry will likely be from overseas, Michael Dunkley has said. Three well-qualified locals will make up the rest of the group, the Premier said as he gave an update on the plan to probe the findings of the ...

An increasing number of young offenders are being put through community programmes to help their rehabilitation. In the past three months the community service programme has seen a rise in teenage participants as magistrates look to impose more unpa...

A stress test can be used to assess one’s heart condition and rule out underlying cardiac disease. The test’s primary purposes are to: • Determine the likelihood of having coronary heart disease and the need for further evaluation • Evaluate the ef...

America is going through a political nightmare at the moment, with so many varied opinions as to whether voters have lost their minds in who they support and why. Democracy is a magnificent tool to choose a leader in a free society, but things can b...

NEW YORK (Bloomberg) — American International Group’s plan to spin off a portion of its mortgage insurance unit is “almost pointless” given the challenges that chief executive officer Peter Hancock faces to fix the much larger property-casualty busin...