The clouds of economic gloom may be gathering - but the silver lining for Bermudians is the rising value of the dollar.
Yesterday the pound briefly dropped below $1.50 for the first time since 2002. D...
The Bermuda Commercial Bank yesterday reported an $5.16 million profit, despite seeing a loss of nearly $150 million in deposits as client investment funds hit by the global financial crisis withdrew ...
Plans announced in Friday's Throne Speech to draw up draft legislation on electronic data protection will provide a boost to Bermuda's international business community.
Currently international compani...
Bermuda's financial regulators will today examine one of the Island's major insurance companies in co-operation with their counterparts from other countries where that company does business.
The proce...
Barack Obama's election as US president could bring an indirect boost to Bermuda business — if the Island's governing party embraces the message of inclusiveness that propelled the Democratic candidat...
Expect a few quarters of recession in the US, but things could start to turn around by next summer, provided the grip of the credit squeeze is eased.
That is the view of Brown Brothers Harriman (BBH) ...
Budding entrepreneurs at the western and eastern ends of the Island could be in line to receive a helping hand from Government.
The model of the Economic Empowerment Zone (EEZ), which has helped to co...
Bermuda reinsurer Validus Holdings Ltd. suffered a net loss of $126.3 million for the third quarter, after taking big hits from hurricanes, investment losses and foreign exchange losses.
The class of ...
Barack Obama's election as US president could bring an indirect boost to Bermuda business — if the Island's governing party embraces the message of inclusiveness that propelled the Democratic candidat...
Bermuda is described as an "offshore secrecy jurisdiction" in legislation put forward by Sen. Obama himself, in conjunction with Sen. Carl Levine and Sen. Norm Coleman.
The Stop Tax Havens Abuse Act n...
