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A survey of family businesses in Europe by professional services firn KPMG strikes a chord in Bermuda, the company said yesterday. The KPMG Family Business Barometer study found that small family businesses had a high level of confidence in the futur...

The Bermuda Chamber of Commerce is inviting golfers to take part in an annual fundraising tournament. This will be the 12th staging of the Yes Golf Classic and it will take place at the Port Royal Golf Course. The proceeds from the event will assist...

A standout week of major international business conferences will bring hundreds of delegates to the Island from Latin America, the US, Canada and further afield next week. Bermuda Business Development Agency and its stakeholders are preparing for fiv...

Clarien Bank is to close on Saturday as tropical depression Karl passes Bermuda. A spokesman for the bank said that, although there will be no access to branches, customers will be able to use the ATM area of the Reid Street, Hamilton, branch. Custom...

The Bank of Butterfield’s share price rose 50 cents to $24 in Bermuda Stock Exchange trading today. The increase, equivalent to 2.1 per cent, came after 19,448 shares traded. The bank’s price on the New York Stock Exchange dropped, down 2 cents, or 0...

Repair work at a Reid Street office block damaged as a result of the July fire that gutted a building on Front Street has begun. Tenants at Innovation house were “back up and running immediately after the Front Street fire in July, according to owner...

Samsung phones at the centre of a scare over fire-prone batteries have been recalled in Bermuda. The range-topping Samsung Galaxy Note 7 is the subject of a worldwide recall after reports from around the world of overheated batteries catching fire or...

A Bermuda firm is offering “bifacial” solar panels that produce electricity from both their upper and lower surfaces. Be Solar says the SolarWorld BiSun panels can generate between 10 per cent and 25 per cent more power than conventional panels, help...

The Bank of Butterfield has closed its initial public offering of shares on the New York Stock Exchange. The bank put more than 12.2 million of its ordinary shares up for sale in New York, at a price of $23.50 per share. Around 5.9 million of the sha...

Insurance firm BF&M Ltd was up 6 cents, or 0.3 per cent, at $18.05 after 570 shares changed hands today. Paint company Devonshire Industries was unchanged at $5.50 after 700 shares were traded. The Royal Gazette/BSX Index yesterday closed up 0.46 poi...