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expand by 30 times the capacity currently available to its Internet customers. The additional capacity will give Logic the ability to provide cheaper data services to corporate customers, expand its electronic commerce facilities, and offer other pro...

an increase of $14 million or 16 percent over second quarter 1997, according to figures released yesterday by the Bermuda Monetary Authority. While international business brought in less revenues, increases in tourism and investment earnings helped o...

An informal survey shows that the top three problems encountered by women in starting up a business is finding finance, locating good staff, and getting information to succeed. While the problems are not unfamiliar to any entrepreneur, the Bermuda Sm...

There's a well written feature article business managers should read in Upside magazine about information technology (IT) consultants, if only for the entertainment value. Author Geoffrey James begins his tale of doom and destruction with the provoca...

In a major coup for the Bermuda Stock Exchange (BSX), the brokerage arm of Reuters Group Plc., the world's largest financial information service, has started using the Island for executing billions of dollars of cross trades. The company switched fro...

International telecommunications company Global Crossing Ltd. plans on installing a multi-million dollar network monitoring operation at the former baselands in St. David's. The company's corporate offices is at Wessex House on Reid Street. The world...

Light Co. Ltd. (Belco) has launched a lawsuit against the Bermuda Telephone Co. Ltd. (BTC) alleging defamation. The writ was filed in relation to an advertisement BTC placed in The Royal Gazette on August 26. In the advertisement, BTC explained why i...

Hardware retailer Masters Ltd. made a profit of $702,710 for the financial year ended January 31, 1998. The profit of $476,130 in the story yesterday (WEDNESDAY) was for the financial year ended January 31, 1997 and not 1998. A decision to upgrade an...

Global Financial Services Fund invests in other mutual funds. The target will be funds that invest in the financial service sector, such as banks, insurance companies and asset management firms. Last week Emerald launched The Emerald Health Care and ...

(Eddie) Saints as the company's first Bermudian general manager on the Island. Mr. Saints replaces Colin Little, who was brought in from the company's operations in the Cayman Islands in January as point man in Cable & Wireless' legal battle with the...