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Somers Limited, the financial services investment holding company, has reported a record first half-year profit of $203.1 million. The company’s fiscal year runs from October 1 to September 30. In its second quarter, which ended on March 31, it repor...

When the pandemic began a year ago bartender Gus Gonzalez found his pay cut in half. Some people might have carefully counted their pennies, but Mr Gonzalez and his wife, Tori, took the last of their savings and invested in a new business Card Your Y...

People who have been vaccinated against Covid-19 can pick up a free wellness health bag from CG Insurance in Hamilton tomorrow and Friday. The company said: “It has been proven that individuals getting vaccinated is the most direct way to get our glo...

The Regulatory Authority is not perfect and won't get everything right, according to its chief executive Denton Williams, but it is striving to enhance its transparency. In an interview with The Royal Gazette, he spoke about why the Authority spends ...

Bermuda’s piped and bottled water supplier has warned that the ongoing Covid-19 pandemic and increased rainfall in the first quarter of the year will adversely impact the company’s results. The directors of Watlington Waterworks Ltd, in an annual rep...

A new seafood bar, Marea, will open at Newstead Hotel in Paget tomorrow. Marea, which means ‘tide’ in Italian, is part of phase two of the opening of fine dining seafood restaurant, Auròra. General manager Costanzo DiMeglio said: “There is no other ...

The Registrar of Companies is launching the first phase of its new online company registry system next month. This new online registry coming into effect on June 7, will allow the public to view all corporate registers maintained by the Registrar of...

Working together, the Regulatory Authority and Belco have achieved a midyear reduction in the retail tariff that is applied to electricity bills. Across the board, the tariff decrease averages out at about 1.6 per cent. It will take effect from June ...

Retail sales volume in Bermuda increased by 4.5 per cent in February as local businesses continued to benefit from a bump in on-island spending by residents. This compares to the previous year’s local retail sales, which reported a volume increase of...

Just like the Olde Towne itself, an iconic women’s clothing and accessories store in St George has been given a makeover. Frangipani, long a favourite of discerning shoppers, has re-opened after a refurbishment that included plastering and cementing ...