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A new online store selling premium sailing kit has launched a new website. And Mary Geraghty, business development manager of Lir Bermuda, said that, although the island was on the crest of an America’s Cup wave, demand for quality gear would always ...

Telecommunications group KeyTech Ltd posted an $8 million operating profit in its latest six-month earnings results, as revenue shot up by nearly a third. The company attributed the improvement to its transaction with US firm ATN International, which...

Husband-and-wife team Peter Lapsley and Andrea Sundt will tomorrow launch a new store — with a stunning array of designer takes on everyday items. The couple are to open &Partners, in the former Otto Wurtz storage area at the bottom of Par la Ville R...

HSBC Bermuda has decided to leave its lending rates unchanged in the wake of the US Federal Reserve’s rate hike yesterday. The bank’s announcement means that monthly repayments and terms for variable-rate loans and mortgages will not change for HSBC ...

Bermuda-based global payment gateway First Atlantic Commerce and Butterfield Bank have teamed up to offer island charities cut-rate online processing fees. FAC will provide online gateway transaction processing services free of charge to local charit...

Electrical contractor Besco has a new general manager. Craig Davis, formerly general manager of telecoms firm LinkBermuda, has extensive experience in operational management. Mr Davis said: “I’ve had the pleasure of working with Besco as a customer i...

Borrowers are set to pay more interest on their mortgages and loans after the central bank of the US declared an interest-rate rise of a quarter of a percentage point. The increase in the US Federal Reserve’s federal funds rate, which was widely anti...

Long-running pharmacy People’s has opened a second store in the acute care wing of the King Edward VII Memorial Hospital. Tamara Richardson, vice-president of People’s, said: “We were very happy to have been chosen by Bermuda Hospitals Board to partn...

The telecommunications industry regulator has launched an investigation into billing errors by phone firm BTC that led to business customers being hit with extra charges for services dating back a year. The Regulatory Authority stepped in after membe...

A new fibre network will boost internet and TV services, telecoms firm One Communications said today. Work has started on the new network, first in Hamilton then spreading across the island, as part of a $20 million investment by the company to impro...