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Telecoms company One Communications yesterday revealed pricing for its new $20 million superfast fibre-optic internet service. A speed of 200 Mbps is targeted to cost $240 a month, while 50 Mbps will come in around $170 a month. Frank Amaral, chief e...

Electricity users will pay a bit extra to fund regulation of the industry under new legislation passed by MPs. The fiscal year that starts on April 1 will the first in which the electricity sector is regulated by the Regulatory Authority, whose remit...

Boat yards are experiencing a boom as owners race to get their vessels shipshape in time for the America’s Cup. Yard owners said they were buoyant after an sharp increase in business as May’s starting point for the finals of the international competi...

The Queen Group has been admitted as an allied member of the Bermuda Hotel Association. Through its affiliated companies Bermuda Executive Services Ltd, Atlantic Caregiving Ltd, Island Shippers and Atlantic Media Ltd, the Queen Group offers services ...

A vacation rental property agency in Bermuda has seen a remarkable growth in the sector since it started six years ago. And it is confident it can handle the heightened competition expected from global vacation rental service Airbnb, which last week ...

A mother of two young children has launched a website specialising in children’s party items and gifts. Niamah Cann was inspired to launch online boutique La Petite Soirée after seeing top notch party products in a store while on a family trip to Van...

A former bank executive has branched out on her own with a new service designed to bring services given to private banking customers to a wider public. Tasha Jones, former head of commercial banking at Clarien Bank, said that super-rich clients benef...

Butterfield Bank will increase its lending rates by a quarter of a percentage point after the US central bank raised its key benchmark interest rate today. HSBC Bermuda said it had made no decision yet on how it will respond. The Fed’s quarter-point...

Telecoms firm One Communications yesterday promised internet speeds of up to 200 Mbps after hundreds of miles of new fibre optic cabling and support equipment are installed. Frank Amaral, One’s chief executive officer, said: “Our plans to provide bet...

The operators of one of Bermuda’s lifelines has signed up for a replacement ship. Shipping firm BCL has ordered a new Oleander to replace the current vessel, which has been in service for a quarter of a century. John Wight, chairman of the Board of B...