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International real estate agent Coldwell Banker has launched a new brand and website for the luxury market — and Bermuda could cash in on America’s Cup exposure overseas. And Brian Madeiros, chief executive officer of Coldwell Banker Bermuda Realty, ...

The Bermuda Stock Exchange will be closed on Wednesday to mark Bermuda Day. A BSX spokeswoman said that exchange will operate as normal from Thursday.

Bermudian companies will have to update their beneficial ownership details if a proposed new law takes effect. At present, firms are only required to file beneficial ownership at formation — with no obligation to inform island authorities of any chan...

Bermuda was targeted by a computer ransomware virus creating havoc around the world, an IT expert said yesterday. Ronnie Viera, chief operating officer at online payment company First Atlantic Commerce, said: “We can see that Bermuda was targeted. “W...

Bermuda saw a near 30 per cent drop in offshore insolvency filings last year compared to the year before, the lowest figure since 2013. The island saw a total of 15 compulsory winding up orders last year. In addition, the conversion rate for Bermuda,...

Industry veteran Brian Duperreault has left island-based Hamilton Insurance Group to become head of American insurance giant AIG. Douglas Steenland, chairman of AIG, said: “Brian is uniquely qualified to lead AIG at this important time. “He is a hand...

Guidance on new financial reporting standards are to be published on the Ministry of Finance website later this month, the Alternative Investment Management Association said yesterday. The news came in an update on Aima Bermuda’s knowledge networking...

Retirement experts Bill Storie and Robin Trimingham have published a new book on how to enjoy life after work. The two, who run the Olderhood Group in Bermuda, have written The Third Journey — Making the Most of Your Life After Work. The two said the...

Profits at Watlington Water last year went up nearly $107,000 to $2.29 million compared to the $2.18 million recorded for 2015. The annual report for the firm said total revenue amounted to $10.54 million, more than $329,000 up on the previous year’s...

Work on Digicel’s superfast LTE data network is 90 per cent complete, the company said. And a spokeswoman for Digicel said customers with compatible SIM cards, devices and plans will automatically be transferred to an LTE service with speeds up to te...