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has bought a stake in Worldwide Fiber to help fund the construction of an undersea trans-Atlantic fiber-optic cable network. The deal is the latest in a whirlwind of acquisitions for Tyco, which is the world's largest manufacturer and server of under...

Oleander which arrived in Hamilton on Sunday evening. Also within her holds were 135 dry containers, 33 refrigerated containers, 11 road trailers, 25 cars and one boat. The vessel sailed on Monday evening bound for Salem, New Jersey. The Somer's Isle...

Staples Ltd. and Staples Holdings Ltd. The legal action was filed on Friday along with a separate writ against PJW Ltd and Staples Holding Ltd. But yesterday a veil of silence was drawn over what the legal case was about. A spokesperson for Staples L...

Bermuda-based reinsurance company said its chief executive quit and that it would take a $7 million charge in the third quarter for investments in a German health care association. ESG's stock price fell 22.3 percent to a low of $10, down $2.88, in M...

multi-currency online processing centre By Ahmed ElAmin in New York International telecommunications provider Cable & Wireless yesterday officially launched its Bermuda offshore electronic commerce product through which the company hopes to sell pro...

Pembroke utility's new E5/E6 generation plant in traditional Bermudian style with a bottle of Gosling's Black Seal rum while watched by some of the people who made the new building possible. Included amongst the onlookers are Sea Land Construction ci...

NEW YORK -- Cable & Wireless today officially launches its Bermuda offshore electronic platform at a press conference here in New York City. Cable & Wireless' Bermuda general manager Eddie Saints in an interview yesterday said the Island was a major ...

stopped over a technical glitch. A Belco Holdings Ltd. spokeswoman said yesterday smoke stacks are built in a continuous concrete pour. The Belco pour should be conducted around the clock for up to two weeks until the more than 200-foot summit is rea...

resigned from the company. Wolfgang Wand said he had decided to leave his post for medical and personal reasons. He will leave the company September 30. The chairman John Head III, will take on the role of chief executive officer. Edward Tilly, a dir...

Internet have opened for business in Bermuda. Bermuda Investment Advisory Services Ltd. quietly opened an online trading site for its customers at www.biastrade.com three weeks ago. Yesterday Directrade at www.directrade.bm was scheduled to go live o...