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LinkBermuda says it is holding off investing in new business in Bermuda until there’s “regulatory certainty” in the Island’s telecoms sector. Commenting on the protracted public battle over Digicel long distance, LinkBermuda, which provides internati...

A crucial meeting between Government and Digicel officials and lawyers was recorded on tape and could shed light on the bitter dispute over international long distance. But the audio tape of the September 16, 2011 meeting appears to have gone missing...

Butterfield Bank has hired a new legal team. The bank announced that Shaun Morris will join as general counsel and group chief legal officer and Benjamin Dyer will join as deputy general counsel. Mr Morris has served as a non-executive director on t...

Validus Holdings Ltd has spent more than $200 million buying back some 6.4 million of its own shares as the result of a “modified Dutch auction” tender offer. The Bermuda reinsurer agreed to pay $32 apiece for the shares for a total cost of $204.3 mi...

Residents have been hit by another electricity bill hike — meaning the average family is now paying 18 percent more than four years ago. The fuel adjustment rate has increased from 17.5 cents to 19.5 cents per kilowatt hour, raising the bill for a fa...

More jobs have been cut at Ace Bermuda, The Royal Gazette has learned. A spokesperson for the company said yesterday that three more positions have been eliminated as a result of restructuring of Ace’s administration and facilities functions. Two o...

The Island’s telecoms industry yesterday weighed in on the war of words being waged in the media over Digicel’s controversial launch of international long distance, saying that Telecoms policy was clear to them. “We are at a loss to explain how the G...

Digicel yesterday criticised statements by the Opposition in an increasingly rancorous public battle over its launch of international long distance. The cellphone provider said Shadow Telecoms Minister Cole Simons’ views that a letter of approval to ...

Government yesterday slammed Digicel Bermuda for making “harmful” and “dangerous” allegations in the media as the battle over international long distance descended into an all-out war of words. Minister of Environment, Planning and Infrastructure St...

CellOne is helping the less fortunate get a leg up in the business world through their sponsorship of a new boutique thrift store specialising in professional attire. In partnership with the Centre Against Abuse, the store, named Dress for Success i...

Stephen Catlin, chief executive of Bermuda-based Catlin Group Ltd, is one of 51 business leaders from countries around the world participating in the 12th annual World Entrepreneur of the Year competition. The competition, which is sponsored by Ernst...