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A Supreme Court judge has denied a bid by HSBC Bank Bermuda Limited to take possession of a mortgaged commercial property and sell it to satisfy the mortgage debt. Puisne Judge Larry Mussenden refused the bank’s application for summary judgment and r...

A Bermuda company is playing an important role in efforts to mitigate climate change, and Bermuda’s young are a part of the generation that will be the key. The Bermuda insurance executive whose company has tasked him with a lead role in the corporat...

While at least two government agencies are promoting the island’s Work from Bermuda certificate, the travel site Kayak puts Bermuda at the bottom of its list of recommended places from which to work remotely. Using 22 different factors, Kayak compare...

Bermuda is a laggard in terms of Numbeo’s Local Purchasing Power Index for the new year. But the island remains firmly atop the Cost of Living Index. The database lists Hamilton as more than 50 per cent more expensive than “the Big Apple”, excluding ...

Congressional Republicans are claiming that US President Joe Biden’s promises over the global tax initiative amount to “global tax surrender”, creating higher taxes, fewer jobs for Americans and a windfall for foreign competitors. They say the Biden ...

A joint corporate pledge to reduce and eventually eliminate greenhouse gas emissions has hit a legal snag. The United Nations-convened Net Zero Insurance Alliance (NZIA) — with membership that began with 15 global insurance and reinsurance groups — h...

The distress in the friendly skies appeared to be abating on Thursday, but fear that the rollout of 5G in the United States would interfere with crucial aircraft systems continued to disrupt US-bound flights. Bermuda seemed little affected, as travel...

The Covid pandemic axe has fallen on a major cruise ship line. Representatives for its principals are this week in Bermuda’s Supreme Court scrambling to save the company from going bust. Crystal Cruises, the subsidiary, had its ship Crystal Serenity ...

The multilateral agreement to establish a global minimum tax is expected to have a negative effect on Bermuda, according to a leading ratings agency. In a review of the eight reinsurers followed by Fitch Ratings, the agency states that Bermuda’s adva...

The Bermuda Stock Exchange celebrated a major milestone, had record Insurance Linked Securities business, continued its growth in international debt listings and joined the Pyth Network in a year its operations were moved to new headquarters in the E...