Bermuda's financial services sector is standing up better to the effects of the world economic crisis than most competitors elsewhere.
John Drzik, chief executive of global management consultancy Oliv...
Government "cannot play Robin Hood" — but it will do whatever it can to help industries in need, Finance Minister Paula Cox told an audience of business people yesterday.
Speaking at the Chamber of Co...
Almost one in three jobs on the Island were held by non-Bermudians last year, after a 3.5 percent increase in the number of guest workers, Government figures show.
Although the number of jobs in the e...
Bermuda College economist Craig Simmons says Bermuda could see a severe recession, with a decline of 10 percent in gross domestic product (GDP) "a distinct possibility".
The respected commentator on t...
Finance Minister Paula Cox plans to raise the Government borrowing limit to $1 billion to have the necessary tools to deal with a worst-case scenario for the economy.
In her Budget statement yesterday...
Government has "bet the farm" on a short recession and raided the coffers that could be needed to deal with a lengthier downturn, Shadow Finance Minister Bob Richards said yesterday.
Responding to Fin...
It's a sad fact that clearing unexploded ordnance is one of the world's great growth industries.
At current rates of progress, it would take about 1,000 years to remove all the mines and bombs that me...
Citigroup plans to make job cuts at its Bermuda operations, where it employs some 230 people, The Royal Gazette has learned.
Sources have revealed to this newspaper that some staff will definitely go,...
XL Capital Ltd. chief executive officer Mike McGavick believes the United States will see Bermuda's insurance industry as "too valuable to undermine" when lawmakers consider whether to make tax law ch...
H. Davidson and Co. is to cease trading on May 1 after nearly 40 years in business — but its dive shop and some of its wholesale unit will remain in operation under new ownership.
The Thistle Gallery,...
