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Bermuda’s telecoms watchdog has slammed an advert by mobile firm Digicel that takes a swipe at rival Logic. Now Regulatory Authority (RA) chairman Philip Micallef has written to Digicel chief Wayne Caines saying the ad is in “bad taste”. The advert, ...

Butterfield Bank has been chosen as best private bank in Bermuda by a European magazine for the second year in a row. Butterfield won the award from Euromoney magazine after a vote by private banking professionals from around the world. Butterfield h...

A young Bermudian entrepreneur has launched a new service designed to make the Island more attractive to visitors. And Chris’t’ian Swan will today hold a special event at Washington Mall to promote his guest services and support business to vacation-...

A Bermudian lawyer has taken over as legal adviser to the Island’s telecoms watchdog. And Kyle Masters said the Regulatory Authority role offered a ringside seat at the technological revolution that is changing the future of communications. Mr Master...

Government is to look at paying out more than $800,000 to buy out digital TV firm WOW’s wavelengths, The Royal Gazette can reveal. Telecoms watchdog the Regulatory Authority has recommended that the Department of Telecommunications buy back the firm’...

Law firm ASW has appointed Nathaniel Turner as a director. Mr Turner — who has worked for the firm for ten years — took over the role at the start of the month. He said: “ASW law is entering an exciting phase in its history. As a corporate and commer...

A Bermuda-based financial services firm spent almost $578,000 buying back its own shares in January. Somers Ltd, formerly known as Bermuda National Ltd and which owns the Bermuda Commercial Bank, forked out the cash to acquire 48,000 of its shares at...

Bermuda is becoming increasingly attractive as a place to invest pension assets, manage the risks associated with funding pensions, and to carry on a pension trustee business. In the first instance, pension trustees’ investments in insurance-linked ...

Bermuda’s house sales market has recorded its first increase in sales for six years, a top Island real estate agent said yesterday. Rego Sotheby’s chief Buddy Rego said the struggling sector had been boosted by an easing off of restrictions on proper...

One of Bermuda’s oldest fashion names is to disappear. Luxury retailer Cecile, which has occupied a site at 15 Front Street for more than 60 years, is to transfer its operations and be absorbed into high end accessories store and sister firm Lusso, a...