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Government backbencher Dale Butler has been named as director of training, leadership and communication for The Little Venice Group of restaurants. The group's directors said the appointment was made to upgrade the training programmes for up to 200 e...

The only thing hard in a new nightclub opening up on Par-La-Ville Road will be the music. Unlike other night clubs in Bermuda, The Escape will not be selling alcohol. The principals hope patrons will instead be willing to pay a membership fee to come...

property and casualty businesses of Cigna Corp. In a telephone interview from Philadelphia where the deal was signed ACE chairman, president and chief executive officer Brian Duperreault said the purchase allows the company to diversify significantly...

Bermuda-based RenaissanceRe Holdings Ltd. has decided it's better off sticking with its core catastrophe reinsurance business on the Island. The company yesterday announced it was putting the business units of its US-based subsidiary Nobel Insurance ...

the decision by Minister of Telecommunications Renee Webb effectively lowering the revenue it earns from long distance calls. The company has also applied for a stay against the slash in revenue it receives from the international telecommunications c...

Bermuda's three banks have settled into trading in the new currency. The Bank of Bermuda's Peter Byrne, vice president of treasury operations, said staff were working on New Year's day and over last weekend converting accounts and testing systems in ...

"I give up,'' a local financial analyst said last week. "Just buy anything with a dot com or dot net in its name and it can't have any profits or even revenue.'' It is getting weird out in cyberland. He was outlining the marks of stocks whose values...

Bermuda-based reinsurers have taken a five percent or a $6 billion share of the global market, according to a survey of trends in the industry by Swiss Re. It's a market where bigger is better as insurers seek quality when ceding premiums to reinsure...

The Bermuda Telephone Co. Ltd. (BTC) has charged that international telephone companies are not passing on savings to the public. A BTC spokesperson said BTC had cut $12 million from the total fees it received from Cable & Wireless and TeleBermuda In...

Bermuda. International E-Commerce Ltd. (www.e-commerce.bm) has been set up to provide Bermuda-based merchant facilities to overseas companies. Elan has also set up a similar company in the British Virgin islands called Elan E-Commerce Ltd. Internatio...