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The chief executive officer of Bermudian-based Bacardi is to retire next year. the company has announced. Island-based Michael Dolan, who has worked for the firm for eight years, will be replaced by company veteran Mahesh Madhavan, who is regional pr...

A new wireless internet system will provide high speeds of up to 100 Mbps, it was revealed today. Bluewave — part of East End Telecom and the East End Group — has carried out successful secret trials of its wi-fi based service and is set to provide i...

A new smart messaging system to be pioneered on the island as a way to help the deaf and speech-impaired has wider applications, an early investor in company said yesterday. Tim Calveley, who recently retired as Deputy CEO of hedge fund administrator...

Financial services firm Estera has bought up an administration company based in Jersey. Estera — formerly part of law firm Appleby — finalised the deal to take over Morgan Sharpe Administration earlier this week. The new acquisition, which is subject...

A hi-tech platform to help parents prepare their children for the school year has scooped the top prize in a competition designed to promote innovative start-up companies. School Boxes won first place and the people’s choice award for its online site...

The Bermuda High School for Girls is top of the table in this year’s KPMG Investment Challenge. The BHS team The Liabilities has a pot of $119,166, which reflects a 19.17 per cent return on its clutch of investments. The nearest challenger, BFA from ...

An expert in property law is to hold a series of free clinics this month to help people with real estate problems. Mathew Kelly, a director at Hamilton-based Chancery Legal, will hold the clinics on Saturday afternoons throughout March. Mr Kelly, who...

Online entrepreneur Natasha Tucker has launched a crowdfunding drive to boost her UK green fashion website. Ms Tucker, co-owner of Reve en Vert, based in London, said: “Basically, we thought it was a really good way to engage our community and custom...

Public services could be provided by private-sector firms set up by ex-civil servants, an audience of business people heard yesterday. Erica Smith, executive director of the Bermuda Economic Development Corporation, said: “With the potential restruct...

Business confidence has grown over the past few months, a major survey has shown. And Bermuda-only businesses outstripped their international counterparts in the optimism stakes. Local business hit 105.9 in the second survey of last year, up 5.3 poin...