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Bermuda was formally removed from the grey list by the Council of the European Union yesterday, as it added Anguilla, the Bahamas and Turks & Caicos Islands to the black list. The council said in a statement: “The commitment of Bermuda with regard to...

The man who brought Arbitrade to Bermuda is fighting two new legal challenges, both filed against him and his company and associates last week in two separate jurisdictions. The Securities and Exchange Commission filed charges in the United States Di...

AltFi Capital Management Ltd has launched AltFi Capital Opportunities Ltd, a Bermuda Professional Class B fund. Founded and based in Bermuda, AltFi is an alternative investment manager with a specialisation in digital assets. AltFi offers investors ...

After languishing on a register of shame instituted by European governments, Bermuda appears set to be “white-listed” by the European Union. It is the ultimate answer to any suggestion that Bermuda is a tax haven. In effect, it declares that Bermuda ...

The Bermudian principals of the world’s next generation of electric ferries and water shuttles know that the launch will draw a lot of international attention. And with such global scrutiny, they see a huge benefit in ensuring the financial planning ...

A Bermuda company expects to deliver in the near future a new class of waterway vessels powered entirely by sustainable energy — vessels envisaged as the next generation of commercial ferries. Breakthrough technology and preliminary approvals from a ...

The measure US president Joe Biden signed into law yesterday that raises taxes on US corporations does nothing to comply with a separately negotiated 137-country deal for a global minimum tax on the world's largest companies. It is the latest sign th...

The Bermuda Business Development Agency is seeking a chief operating officer. The BDA said that the new COO will be part of its executive team, reporting to the CEO. An job advertisement on the BDA website says that the successful candidate will “ov...

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...

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