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Bermuda’s only paint manufacturers saw profits rocket by 535 per cent last year. Devonshire Industries, the parent of Bermuda Paint Company, reported net income of more than $317,700 for the year ended in March — up from just over $50,000 the year be...

The Bermuda Commercial Bank (BCB) has bought up a London-based finance company. BCB has acquired equity and convertible loan notes from its parent Somers Ltd in the Private and Commercial Finance Group (PCFG). It is the intention of the bank to conve...

A new programme designed to inspire a new generation of entrepreneurs will be unveiled tonight. Gary Schoeniger, US-based co-founder of the Ice House programme, has travelled to Bermuda to launch a series of classes. Mr Schoeniger said that as — trad...

Rum company Gosling’s yesterday raised a glass after its iconic Dark ‘n’ Stormy cocktail came 11th in a round-up of the top 50 cocktails. Prestigious industry magazine Drinks International polled the top 50 bars in the world from a previous poll to f...

Insurance group BF&M yesterday posted profits of $11.4 million for the first six months of the year. The figure is more than $6 million down on the same period last year. But BF&M president and CEO John Wight said: “Financial results in the first hal...

The owners of the cargo ship Bermuda Islander yesterday said that their service would be unaffected by next month’s America’s Cup races. The Bermuda Islander is due to arrive in Hamilton on Thursday, October 15 — when the inaugural races take place, ...

A luxury alternative to a hotel has reopened after a $5.5 million major makeover. Inverurie Executive Suites on Paget’s Harbour Road has been redesigned with the executive traveller in mind. “We see a requirement for a business-orientated hotel that’...

Next month’s America’s Cup opener could cause problems on Hamilton’s docks. The docks, at the east end of Front Street, will be used as the base for four of the competing teams — reducing the dock area by around a third. But Stevedoring Services’ chi...

Bermuda’s Rosedon hotel has become the first on the Island to win a special green award from a global travel site. The Pitts Bay Road fixture was given silver GreenLeader status by TripAdvisor. The hotel is already rated number two in Bermuda on Trip...

Bermuda’s business booster is to launch a new programme for entrepreneurs. The Bermuda Economic Development Corporation (BEDC) has teamed up with the Ewing Marion Kauffman Foundation and the Entrepreneurial Learning Initiative (ELI) to bring the Ice ...