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Premier Jennifer Smith yesterday affirmed her Government's commitment to consultation with business at the annual meeting of the Bermuda International Business Association (BIBA). She said Government would make legislative reform necessary to foster ...

Backed with financial help from supporters, the Bermuda Industrial Union (BIU) Members' Credit Union Co-Op Society has pulled itself out of a deficit position. However, the Credit Union's position was hurt this year due to a five-fold increase in all...

dramatic U-turn from his previous stance. The Bermuda Chamber of Commerce president now claims the January 4 holiday will hit businesses hard. It contrasts with his statement shortly after the PLP Government announced the holiday to celebrate the par...

ProServe Bermuda Ltd., set up as a joint venture between Bermuda's tworetail banks, is looking to sell its document processing services to other companies. The company was established as a costs savings measure by the Bank of Bermuda Ltd. and the Ban...

for errors this month -- when they finally get them. A major glitch in the bank's computer systems resulted in errors in customers' accounts over the past month, causing the bank to withhold monthly statements until corrections were made. A senior ex...

As an experiment, the next time you surf the Internet go into your browser's "options'' menu and change to the feature that warns you before you accept cookies. Depending on your browser (Netscape Navigator or Microsoft Explorer) and the version, you...

In a surprise move Long Botham Boats Co. Ltd. president and chief executive officer Andrew Allan has relinquished all his shares in the company to a group of corporate shareholders and left the company. Mr. Allan was the principal shareholder in the ...

Bermuda Telephone Co. Ltd. (BTC) president Lorraine Lyle yesterday said the company had not provided the kind of service its customers expected and promised to do better in the future. "The widely accepted perception that BTC has not been on the ball...

Japanese trading house Sumitomo Corp. hopes to launch a joint venture rent-a-captive facility on the Island this month called Bluewell Reinsurance Co. (Bermuda) Ltd., according to Insurance Day. Takashi Okubo, of Sumitomo's insurance business departm...

In the face of tough economic conditions, Royal Bank of Canada (RBC) analysts are advising investors to increase their bond and cash holdings and reduce equities. "Given deflationary/disinflationary conditions, declining world growth expectations, an...