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Bermuda’s first digital bank may already be on the cards, with the Government welcoming the first formal bid. The application submitted to the Bermuda Monetary Authority proposes a bank serving digital-asset businesses and institutions globally from ...

The Bermuda registered owner and operator of one of the world's largest land-based drilling rig fleets, is in an Algerian court today (Monday), facing a multimillion-dollar judgment — a ruling against the company that Algeria’s Supreme Court has alre...

The latest Covid-19 wave from the Delta variant will sound the death knell for certain Bermuda businesses, economic analysts have surmised, and its effects will hamper the anticipated rebound. From the same document that theorises the under-reporting...

Bermuda’s inflation rate may be four times higher than the Government’s official Consumer Price Index, according to a Bermuda investment firm. Anchor Investment Management also warned its investors that it expects inflation to stay at 5 per cent or ...

An uptick in Dockyard business for the century-old HS & JE Crisson Ltd Jewellers comes at the end of a second forgettable year for Hamilton retail. It also comes as the company is parting ways with a prime piece of Hamilton real estate, with its 71 F...

Bermuda’s new internet is wireless-delivered, high speed and has a faster and easier deployment using equipment that may eventually allow for higher than 10 gigabytes per second, providing a wide range of options for business. After three years, the ...

PwC, the network of professional services firms in 155 countries, has announced a new strategy and commitment to invest in digital, diversity and ESG with a $12-billion investment over the next five years. It will create more than 100,000 new jobs g...

Investigations into Markel CATCo Investment Management Ltd and its reported loss reserves for late 2017 and early 2018 are over. The Markel Corporation filed an update on Thursday with the US Securities and Exchange Commission (SEC) regarding Bermuda...

The US trillion-dollar bipartisan infrastructure plan suffered a setback late last night when the House of Representatives delayed the vote on the crucial piece to US president Joe Biden’s domestic agenda. The fate of the proposals are expected to ha...

A pilot scheme that allows Bermuda car dealers to sell second hand cars has been in operation for nearly a year – a little known part of the second hand car market that hangs in the balance of an ongoing government review. The review has automotive d...