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While the passage of the Investment Business Act 1998 in the House of Assembly has been welcomed by those working in the investment sector, some say the legislation needs a lot more beefing up to protect investors from unscrupulous practitioners. Fin...

car park have been submitted to the Planning Department for preliminary approval. The $60 million complex will be a "boutique, business-style hotel and amenities with 18 residential units'', according to the documents. Plans indicate the first five f...

US-based Dell Computer Corp. has raised the hackles of local computer vendors by taking out advertisements in this newspaper selling its products. Consumers here can telephone a toll free number (1-800-342-0671) and order computers directly from Dell...

The world's telephone companies are becoming their own cannibals -- eating their own bodies to survive. The companies are in the process of stealing the customers of their traditional telephone service by expanding into competing telecommunications s...

Bank of N.T. Butterfield and Son Ltd. president and chief executive officer Calum Johnston has slammed previous management for past mistakes in growing the bank's overseas operations. In a speech on Friday before the Chartered Institute of Bankers he...

A pending US court battle preventing Bermuda Container Line Ltd. (BCL) from moving to a more competitive port location has hit the shipping company's results. Even though the company's operating earnings increased by four percent to $2.16 million, pr...

system so as to get out of paper transactions and to comply with international standards. Along with the system change, the BSX will move to continuous trading from 9 a.m. to 3.30 p.m. The BSX plans on making the switch on October 1. The Bermuda Elec...

Bermuda market on July 15. The FTSE/BSX index is based on the stock market performance of Bermuda-based insurers and reinsurers. A mutual fund tracking the index will also be launched at the same time. Investors will be able to invest in Bermuda's in...

his business to rip out expenses, the next he's giving his investment news service away. All this of course is done to shore up the bottom line, win customer loyalty and make lots of money. Save money during the good times and spend during the bad, h...

Bermuda-based ACE Ltd. continues its international expansion, announcing yesterday an agreement to pay about $500 million for Tarquin Plc, an underwriter in the Lloyd's of London insurance market. ACE's latest investment in overseas business boosts i...