Retailers took a severe blow from the economic downturn as their sales declined by 5.6 percent in February — or 11 percent after inflation is taken into account.
The March figures are likely to be eve...
Disgraced Eliot Spitzer may be considering running again for his old position of New York Attorney General, according to a media report.
The news, which may send shudders downs the spines of some Berm...
Finance Minister Paula Cox signed tax information-sharing agreements with eight countries yesterday — and then said Bermuda's inclusion on the OECD's tax transparency "grey list" was "misleading".
The...
Bermuda reinsurer Validus Holdings Ltd. is to convene a special meeting of shareholders to try and win backing for its plan to take over fellow Island company IPC Holdings Ltd.
Validus announced yeste...
Revenue has declined by around a quarter this year for Caribbean region hotels, an industry audience heard yesterday.
Duane Vinson, a vice-president of Smith Travel Research (STR), said a combination ...
The tourism industry is facing a tough couple of years ahead — but by 2011 solid growth should return.
That is the view of Avery Shenfeld, managing director and chief economist of Canadian Imperial Ba...
More than 100 less than happy Butterfield Bank shareholders yesterday gave the go-ahead for a $200 million capital raise through the sale of preference shares guaranteed by the Bermuda Government.
The...
The insurance cycle has taken the industry through some dramatic ups and downs over the years — but the near future at least could be a much smoother ride.
That is the view of Andrew Turnbull, who hea...
Bermuda insurer Ironshore has announced the appointment of another two experienced former American International Group executives to bolster its US operations.
Tim McAuliffe is to take over as preside...
Bermuda reinsurer RenaissanceRe last week won an award from the National Hurricane Conference as one of the sponsors of the StormStruck exhibit at the Walt Disney World resort.
Since the exhibit opene...
