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The lobby area at Coco Reef hotel has had a $500,000 makeover in a labour of love by owner John Jefferis. Globetrotting industry veteran Mr Jefferis used top hotels around the world as inspiration — but vowed to go one better. Sourcing items from aro...

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...

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 ...

The revamped Hamilton Princess has made a prestigious list of top international resorts. The hotel appears alongside the famous George V Hotel in Paris and the Kulm Hotel in St Moritz, Switzerland in a nine-strong list compiled by Celebrated Living m...

Bermudian-based tech firm Trunomi has scooped two top awards. The company won the proprietary technology and application programming interface award and was named most promising start-up at the Benzinga Global Fintech Awards held last week in New Yor...

Bermuda Telephone Company is opening a new store and payment centre on Monday. The store is located in the Hamilton Exchange building, on the corner of Cedar Avenue and Victoria Street. BTC said the store would offer a range of new features and will ...

Bermuda will face a massive test of its defences against dirty money linked to money laundering and terrorism next year. And David Harper, a director at professional services firm KPMG and an expert in the field, warned that the inspection by the Car...

Bermudian restaurateur Ryan Brining turned his back on the world of high finance to pursue his dream job. Now the former investment banker is celebrating the opening of his first venture, the White Maple Café in Ridgewood, New Jersey. Mr Brining, 28,...

Ratings agency Fitch has downgraded Bermuda Commercial Bank. Fitch said the move reflected an increase in BCB’s risk profile and weakened capital position in the wake of a shift in the business mix. The bank’s long-term issuer default ratings has gon...

A new gym is to open at the Hamilton Princess. Run by international company Exhale, the fitness centre will open its doors at the start of next month. Monique De La Rosa, Exhale spa director, said: “A lot of planning and vision went into the design a...