Log In

The owners of the building that houses the now defunct Odyssey Nightclub at 119 Front Street, may consider leasing the 5,233 square foot premises as office space. The Brunswick Co. Ltd. evicted Troy Starr Ltd., the operator of the nightclub, during t...

applied for by the Bermuda Telephone Co. this year. BTC CEO Lorraine Lyle conceded that as the company continues an ongoing review of the rate structure, in an attempt to unbundle the rates, more proposals will go before the Telecommunications Commis...

comply with new Bermuda Monetary Authority (BMA) regulations put in place last February. With about five weeks to the February 9 cut off date, just over a half of the 950 collective investment schemes have applied to the Authority for classification ...

Millennium International Ltd. has agreed to sell its Bahamian subsidiaries in a merger agreement with KPMG Bahamas for "anticipated proceeds'' of $3,147,500 -- of which $112,500 has been received. Millennium owns Digital Systems (Bahamas) Ltd. and In...

It may take five or six weeks before Bermudians find out if a proposed 75 percent increase in domestic telephone charges, retroactive to January 1, will be approved by the Telecommunications Commission. Telecommunications Inspector E.C. "Ted'' Pitman...

Bermuda residents will be hit in the new year by a 75 percent increase in domestic telephone charges, effective January 1, that will climb to a more than 100 percent increase by July 1. The new charges are expected to be levied by the Bermuda Telepho...

established here by top US broker, E.W. Blanch, and which has been dormant since its Bermuda incorporation in June 1997. The company's vice president in the capital markets group, Peter Crosby, said the new reinsurer, Blanch Capital Re Ltd., will be ...

The financial performance of office and medical supplier Staples Holdings Ltd. is about to get worse, before it gets better. Faced with a 19 percent drop in sales for the first half of its fiscal year to September 30, Staples Holdings declared a six ...

where many failed in the six months to September 30 -- beating back a downturn in the investment markets and marginally improving last year's $3.86-million investment income to a $4-million investment income contribution to earnings. Meanwhile, Argus...

A potential combination between The Bermuda Sun newspaper and VSB may be closer to reality in the new year. Such a deal would almost certainly mean a merger between the newspaper's parent, Island Press (Holdings) Ltd., and DeFontes Broadcasting, whic...