Belco could slash its electricity charges by around 15 percent if plans to convert its systems to burn liquefied natural gas (LNG) instead of diesel fuel come to fruition.
Walter Higgins, CEO of Belco...
Belco has put forward a change to its facilities charge that would cut electricity bills for nearly half of its residential customers — but more than one in four households would end up paying more.
T...
The all-Bermudian staff of DeFontes Broadcasting have been assured that their jobs are safe, following a change of management at the company.
Spencer Conway, a 31-year-old Bermudian entrepreneur, has ...
Investors are expected to continue ploughing money into insurance-linked securities at an ever greater pace this year — with most of the activity centred on Bermuda.
And analysis by PwC suggests that ...
Belco has put forward a proposal to cut its facilities charge for residential customers who use the least electricity — which could result in a lower electricity bill for an estimated 44 percent of ho...
Bermuda’s plans to expand its area of air traffic control were in focus at the World Air Traffic management Congress in Madrid yesterday.
The Government announced in last November’s Throne Speech its ...
HSBC Bermuda CEO Richard Moseley says his bank is flush with capital and keen to lend — but it has tightened lending standards in recent years to avoid making the same mistakes the industry made in th...
HSBC Bermuda is seeing a growing number of clients who have signed their paperwork and are ready to borrow, but are waiting before they buy a property.
The revelation came during an interview with the...
Bermuda-based life reinsurer Wilton Re Holdings Ltd yesterday announced an agreement to acquire Conseco Life Insurance Company from CNO Financial Group for around $237 million.
It was the second deal ...
Bermuda reinsurers could be in the hook for larger winter claims than normal coming from both sides of the Atlantic, after a string of storms hit the US and UK over the past few weeks.
PCS, a division...
