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Financial services investment holding company Somers Limited has reported a $24.4-million first-quarter loss on its investment portfolio (2020: gain of $179.9 million), driving net asset value per share at the end of December down to $26.32 (Septembe...

Market volatility or teenage angst may have been what has left only one of the 17 teams in the KPMG 17th Annual Senior School Investment Challenge with the $100,000 they began with at the start of the six-month exercise. The competition began in Nove...

Aircare Limited, the air conditioning, heating and mechanical systems provider, is to close its parts department on Serpentine Road in Pembroke for stocktaking next week. The company said the department will be closed from February 14 until February ...

Rosewood Bermuda has been ranked as the best hotel in Bermuda in US News and World Report’s 12th annual ranking of the best hotels on the island and beyond. Ranked second and third are Hamilton Princess Hotel & Beach Club and Royal Palms Hotel. The F...

Monique White has been appointed to the position of director of human resources at Digicel Bermuda. The company said the promotion will see Ms White oversee the day-to-day operations of the department, including recruitment and employment, labour and...

Tickets are now available for the annual Budget Breakfast hosted by the Bermuda Chamber of Commerce. The event will be held via Zoom on February 28, the Monday following the delivery of the Budget Statement in the House of Assembly by Curtis Dickinso...

Bermudian lawyer Charissa Ball has returned from eight years’ practising in Hong Kong to join Carey Olsen Bermuda Limited as counsel. The firm said Ms Ball, who was called to the Bermuda Bar in 2013, specialises in all aspects of corporate and commer...

The Zest Wellness Programme, created by Coralisle Group Ltd, has been awarded a gold medal by the Wellness Council of America (Welcoa) for building a workplace culture that promotes, protects and supports the health and wellbeing of its employees and...

The Cabinet Office released the October 2021 Retail Sales Index (RSI) Friday night. But the depressing numbers reflected the precipitous drop off in the retail industry. October’s retail sales fell 6.6 per cent compared to last year. In value terms...

Industry veteran April Thomas has joined Walkers Professional Services Bermuda as a director and will lead the fiduciary and regulatory compliance teams. WPS said Ms Thomas has extensive experience navigating the Bermuda regulatory environment with m...