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Bermuda’s courts have adopted new rules designed to help struggling international companies to stay afloat. Chief Justice Ian Kawaley said he had issued a new Commercial Court practice direction based on Singapore rules aimed at improving communicati...

The Ascendant Group has announced that ten jobs are to go across the company. The bulk of the job cuts will come from management and supervisory at Belco, air conditioning firm Air Care and at Ascendant. Sean Durfy, president and CEO of Ascendant Gro...

Perceived weaknesses in the island’s internet network meant America’s Cup challengers Land Rover BAR will rely on UK technology to monitor its racing yacht. The team turned to British telecoms firm BT as the risk of the Bermuda network crashing when ...

A luxury private jet operator is banking on soaring interest in flights to Bermuda. New Hampshire-based PlaneSense said it had received a lot of enquiries from wealthy customers keen to use its fractional ownership jet fleet to get to the island. Dav...

Professional services firm KPMG yesterday announced a new partnership level spokesman for its drive to promote women in the workplace. Will McCallum, the managing director lead for the firm’s K-Women committee, replaces Richard Lightowler, who recent...

Lack of opportunity is the main reason women change jobs, a survey published to coincide with International Women’s Day yesterday revealed. A total of 35 per cent of women who had moved to other employers did so because of few opportunities for caree...

Asset and wealth managers believe that their sector will grow over the next year. And nearly two-thirds of them said they planned to recruit new staff, higher than in other areas of financial services. A total of 92 per cent of those in a survey by p...

A new wireless internet system will provide high speeds of up to 100 Mbps, it was revealed today. Bluewave — part of East End Telecom and the East End Group — has carried out successful secret trials of its wi-fi based service and is set to provide i...

A new smart messaging system to be pioneered on the island as a way to help the deaf and speech-impaired has wider applications, an early investor in company said yesterday. Tim Calveley, who recently retired as Deputy CEO of hedge fund administrator...

The Bermuda High School for Girls is top of the table in this year’s KPMG Investment Challenge. The BHS team The Liabilities has a pot of $119,166, which reflects a 19.17 per cent return on its clutch of investments. The nearest challenger, BFA from ...