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Butterfield Bank will increase its lending rates by a quarter of a percentage point after the US central bank raised its key benchmark interest rate today. HSBC Bermuda said it had made no decision yet on how it will respond. The Fed’s quarter-point...

Telecoms firm One Communications yesterday promised internet speeds of up to 200 Mbps after hundreds of miles of new fibre optic cabling and support equipment are installed. Frank Amaral, One’s chief executive officer, said: “Our plans to provide bet...

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 a quarter of a century. John Wight, chairman of the Board of B...

A new Mr Chicken fast food restaurant yesterday opened up in St George’s. The fourth in the long-established chain is on the Olde Towne’s Mullet Bay Road. It joins existing restaurants in Hamilton, Devonshire and Heron Bay in Southampton. The new sto...

The Marcus’ restaurant at the Hamilton Princess reopened its doors yesterday after a February makeover. The wall behind the bar has been removed, opening up views over Hamilton harbour and new lunch and dinner menus have been created. Allan Federer, ...

A new restaurant at the luxury Loren hotel is to open tonight. The Marée at the Tucker’s Town resort is the fine dining option at the resort, backed by the more casual Pink Beach Club. A spokeswoman for the hotel said that the restaurant would offer ...

It is hoped that a wide cross section of Bermuda residents will consider listing a short-term or vacation rental through the Airbnb online site. This follows the signing of an agreement between the Bermuda Tourism Authority and Airbnb, designed to pr...

Upmarket women’s clothes store Calypso is set to reopen next week after a makeover. The Front Street fixture has been closed for around two weeks for modernisation. Pierre Dutoya, chief executive officer of store owners Hornburg Calypso, said the hig...

BTC is hosting a live online chat platform to help with customer queries. The BTC platform is similar to one already run by sister firm Digicel, where customers can type messages direct into an on-screen window. Jakai Franks, BTC vice-president of cu...

A personal trainer is set to give exercise fans a shock to their systems — with a special suit that stimulates muscles using electricity. Derek Fisher, owner of Whole-Ly Fit, a personal training studio, said his X-Body suit offered benefits to a wide...