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Butterfield Bank’s increased interest rates on loans by half a percentage point comes with a warning that more increases are likely to come soon. The bank absorbed a third of the 75-basis-point increase in the target range of the US federal funds rat...

American fossil fuel production is expected to soar in 2022 amid high oil and gas prices, a new report has warned. The US government wants oil and gas producers to increase production of the very same fossil fuels that energy transition plans seek to...

The competition for Bermuda’s brightest minds is on. The pandemic has highlighted the need to cultivate the supply of local talent for Bermuda companies. Corporate Bermuda faces an ageing population and global competition for qualified staff. The ch...

The four recipients of Walkers (Bermuda) Limited’s 2022 scholarships and bursary awards are interning with the law firm this summer. The firm announced that Jasmin Brown will receive Walkers' 2022 scholarship in the sum of $20,000. A statement said:...

Bermuda’s restaurant scene is slowly returning to its pre-pandemic splendour, but not without the weight of technical, logistical, health and financial obstacles. Casablanca, in Washington Lane, officially reopens today after earlier attempts fell sh...

One third of respondents to a global workforce survey plan to ask for a raise in the coming year, and one in five are very likely to switch employers

Uber Technologies Inc routed a portion of company wide profits through a Bermuda subsidiary in a complex corporate tax structure to cut its tax bill, which their European lobbyist saw as the company’s weakest link. Executives had observed the weight ...

Bermuda is highlighted in the latest report from the International Consortium of Investigative Journalists as a central location used by ride-share giant Uber in its tax planning. The Uber Files project outlines how the ride-share company seized ...

A businesswoman and entertainer who recently gave birth to her fourth child has realised a need to step back a little from her business life. She is now looking for a buyer for her city retail store, Stash, that specialises in a variety of health pro...

Bankers last night reacted to the direct hit they took from government on Friday when David Burt, the Premier and Minister of Finance raised alarm on the floor of the House of Assembly at the escalating rise in bank fees and charges. The Premier laid...