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Financial-services investment holding company Somers Ltd has reported record quarterly net income of $190 million for the fourth quarter of 2020. That compares with net income of $74.6 million for the final quarter of 2019. Earnings per share in the ...

Butterfield Bank has launched a campaign that gives its customers chances to win prizes while at the same time helping some of the local businesses hit hardest by the effects of the pandemic. Consumers who use their Butterfield personal Mastercard de...

As contributors to the orange, or creative, economy, Bermuda’s artists and artisans are sometimes overlooked when the impact of an economic downturn is considered. But the island’s creative community took a hit in 2020 due to the impact of the Covid-...

A Bill recently passed in the Senate will introduce important changes to the Employment Act 2000 (“the Act”), Bermuda’s key piece of employment legislation, with effect from June 1. The changes are part of Government’s intended modernisation of labou...

Butterfield Bank’s profit for the fourth quarter was $42.1 million, or 84 cents per share, about $1.8 million less than the same period in 2019. For the full year, it had net income of $147.2 million, or $2.90 per share, compared to $177.1 million t...

The Department of Workforce Development has partnered with 10 local recruitment agencies to hold a virtual networking event that attracted some 60 Bermudian corporate professionals seeking employment opportunities. The event has been hailed as a succ...

At Small Fry PR, Sian Blackmore likes things small. She has a short client roster, and she works mostly with small businesses. “Our slogan is ’helping small fish in a big pond’,” she said. She started the company in 2018 when her employer Troncossi...

The Bermuda Economic Development Corporation is calling for applications for the fourth cohort of Enterprise Bermuda, the free 12-month incubator programme that supports local entrepreneurs and the development of their businesses. The BEDC said the p...

Many of us start the work day with a firm goal in mind, but then the telephone calls and e-mails start rolling in. Can you just help me with this? When the day is done it is easy to feel like you have accomplished nothing. To help, Ontru is offering ...

Financial services investment holding company Somers Limited has reported net income of $69 million for 2020, that compares with a $9.7 million loss the previous year. It had gains on investments of $60.9 million, up from $4.3 million in 2019. Somers...