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Financial services investment firm Somers Ltd logged a loss of $1.7 million for the first six months of its financial year. The loss, covering September last year to the end of March, narrowed nearly $6 million from the same period in 2015. Somers Lt...

An online shopping delivery service aims to take the strain out of grocery shopping. Kris Smith said she was inspired to set up her Go!ceries online service several years ago after finding it tough to go shopping with a small son. She added: “I hated...

Bermudian-based insurance manager Horseshoe has bought funds administrator Ikonic. The move will create a leading independent fund administrator and insurance manager with expertise in both insurance-linked securities and alternative funds management...

The acquisition of Bermudian-based Ironshore by Chinese conglomerate Fosun International is to be scrutinised in the US on national security grounds. The Shanghai-based company, headed by billionaire Guo Guangchang, is to appear before the US Federal...

The new beach bar at Horseshoe Bay Beach will be fully open within a week, owner Rick Olson said yesterday. Mr Olson’s Chops Ltd is already selling beer and wine from a concession stand at the site. He said: “As long as the weather is good, business ...

Courier firm IBC has been revamped under its new owners. The firm is to introduce lower prices and new services, including a return service and a low-cost “featherweight” category. And IBC has also linked up with overseas suppliers of goods to discou...

Sun Life Financial International has moved office. The company has transferred its operations from Victoria Street in Hamilton to the nearby Washington House. Niall O’Hare, Sun Life Financial International vice-president and chief financial officer, ...

Bermuda Commercial Bank will open its new office today. The bank has shifted operations from the Bermuda Commercial Bank Building in Hamilton’s Par-la-Ville Road to nearby Bermudiana Road. A spokeswoman for the bank said: “It’s much more of an open b...

An entrepreneur has launched a new line of Popsicles — with an island flavour. Rikeisha Burgess has opened up Duchpops Bermuda Home-Made Popsicles in Dockyard, operating from a purpose-built kiosk next to the tourist information centre. Ms Burgess, 3...

BTC’s new flagship customer service centre and store opened yesterday. Located in the landmark Hamilton Exchange building, the new shop features a bill payment centre, a retail area, as well as repair facilities. Bernell Gibson, BTC customer services...