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International Ltd. to buy subsidiary Logic Communications Ltd., The Royal Gazette has learned. Logic provides data communications and consultancy on the Island. The company also provides Internet service. BTC and Logic had no comment yesterday. As pr...

The issue of securing domain names on the Internet has been a hot topic of debate and controversy over the past two weeks. Domain names are the unique addresses given to site creators on the Internet so there is no conflict on the network. These uniq...

Bermuda-based Flag Ltd. yesterday announced it has completed permanent financing for its undersea fibre optic cable system, which it calls the world's longest. The financing is made up of $430 million in 8.25 percent 10-year notes and bank debt of $3...

The Bank of N.T. Butterfield Ltd. has set up a new unit which will attempt to foster small businesses into becoming larger ones. The bank formed the Business Banking Centre by consolidating under one umbrella all of the smaller businesses currently b...

second quarter to December 31, bringing profits to a record $20.2 million for the first half of the fiscal year. The $20.2 million is an increase of 46 percent over the same period 1996, when net income for core business was $13.8 million, when money...

drove the two stocks to record highs yesterday on the Bermuda Stock Exchange (BSX). Analysts attributed the gains to record profitability announcements at both banks. There was both local and overseas interest in the stock, according to Lines Oversea...

Bermuda-based Full Service Trade System, is now available in 29 countries. The system will be available to companies for a three-month promotional period during which the software and transactions will be free of charge, the company announced this we...

Some company executives simply import new technology -- such as desktop computers, fax machines, voice mail -- into the office and let it sit there hoping that people will change their methods to the machines, the software, or the system. Others see ...

regulatory body to set guidelines on when rate restrictions on Cable & Wireless Plc should be lifted to allow full competition in the marketplace. However, Sen. Richards' position is that rate restrictions on Cable & Wireless should remain in place e...

Through the purchase of 80 percent of Argus International Management Ltd., Boston-based Liberty Mutual Group hopes to bring more captive insurance business to Bermuda, the company announced yesterday. Argus International Management, formerly wholly o...