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Its wedding season! And a Bermudian company that specialises in events planning and helping couples make their special day memorable is marking a decade in business. Bermuda Event Solutions Ltd is a home-based service run by business partners Kathlee...

Some months ago, a client – “Darlene” – was exploring buying out / merging her business (Company A) with a competitor business (Company B). Darlene initially requested that we provide an independent perspective on the fair market valuation of Company...

Shares of Somers Limited rose 55 cents, or 3.9 per cent, to $14.80 after 9,700 were traded on The Royal Gazette/BSX Index. BF&M Ltd fell 20 cents, or 1.2 per cent, to $16.75 after 3,054 shares were exchanged. There was also trading of 3,877 shares of...

A project that will allow companies to offset their carbon footprint by supporting environmental areas that naturally absorb carbon from the atmosphere, is under way. XL Catlin and The Nature Conservancy are collaborating to bring blue carbon credits...

Experts attending the inaugural Ocean Risk Summit in Bermuda have spoken about the importance of the event and what they hope it will achieve. Two new reports on ocean risks warn of unprecedented changes occurring in the ocean and the need for busine...

Butterfield Bank has teamed up with five other retail banks in the Cayman Islands to create an automated clearing house to ease electronic funds transactions and enable same-day transfers. A similar system is already in operation in Bermuda, but Butt...

A US company that provides consumers with an alternative energy drink is now using a local distribution company to sell its product in Bermuda. Florida-based Kona Gold Solutions was founded in 2016 to provide consumers with an energy drink claimed to...

Jumps in the share prices of Butterfield Bank and BF&M Ltd drove The Royal Gazette/BSX Index higher. Insurer BF&M was the biggest climber, gaining 35 cents, or 2.1 per cent, to close on $16.95 as 5,000 shares changed hands. Butterfield climbed 30 ce...

Somers Ltd’s first-quarter profits rose on the back of an increase in the value of the companies in which it invests. The financial-services holding company and owner of Bermuda Commercial Bank, said net income for the first three months of the year ...

Third Point Reinsurance reported a net first-quarter loss of $26 million as investment valuations fell — but gross premiums more than doubled. The Bermudian-based company, whose investments are managed by Dan Loeb’s Third Point LLC hedge fund, said t...