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Logic has announced that it is working on restoring services Island-wide now that Hurricane Joaquin has passed. The company has completed network assessments and has found its core network remained online throughout the storm, although wireless cust...

Residents of Smith’s experienced halted electricity service yesterday as Belco worked on utility poles. The power outage was planned and had been scheduled several weeks ago to enhance service reliability. Customers who would be affected were sent l...

Dear Sir, I have just finished paying two Belco bills — one for my residence and another for a local business. On analysing the cost per kilowatt-hour (kWh), I was amazed to discover that I’m paying 8 per cent more per kWh for my residence than the ...

The parent firm of power company Belco is to file its interim financial results a month late. Ascendant Group asked the Bermuda Stock Exchange (BSX) for extra time due to a change in the way it reports its accounts from the Canadian generally accept...

Breast Cancer Awareness Month was yesterday officially proclaimed by Senator Lynne Woolridge, the Junior Minister of Health, Seniors and Environment. “After lung cancer, breast cancer accounts for the majority of deaths in women worldwide,” Sen Wool...

BF&M Ltd has acquired Bermuda-based insurance agency Kitson Insurance Services Ltd. Kitson has been in business since 1947 and BF&M has said it will keep on two of the agency’s leading staff on a full-time basis. The terms of the deal were not disclo...

Shareholders in reinsurance firm PartnerRe will meet next month to vote on the planned takeover of the firm by Italian investment giant Exor. Voters will gather at PartnerRe’s headquarters on Pitts Bay Road in Pembroke on Thursday, November 19 for th...

The men behind a Bermuda-registered financial-services firm have been charged by regulators in connection with an alleged $16 million fraud in the US. The Securities and Exchange Commission (SEC) claims six men involved with the Gerova Financial Grou...

A cellphone tower that sparked repeated objections from Devonshire residents is up and running — and, according to an industry source, is now in heavy use. The area of Devonshire Bay had been a grey spot for Digicel users, but the announcement in 201...

There wasn’t a cloud in the sky yet everyone at the Dame Marjorie Bean Hope Academy was drenched. Teachers, students and volunteers all took part in the school’s HSBC-sponsored “Back to School Fun Day” yesterday. Wayne Scott, the Minister of Educat...

The recipe for the beloved Bermudian Dark ‘n Stormy is now at the heart of a legal action in the United States. Gosling Brothers Ltd has filed a trademark infringement complaint in Massachusetts federal court against Pernod Chicard — the makers of Ma...

The Bermuda Commercial Bank (BCB) has bought up a London-based finance company. BCB has acquired equity and convertible loan notes from its parent Somers Ltd in the Private and Commercial Finance Group (PCFG). It is the intention of the bank to conve...