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The Bermuda Monetary Authority is set to issue what is believed to be the first triangular coin of legal tender. And the Royal Mint has applied for permission for an additional special minting that could net the Authority additional revenue. Collecto...

with the intended repeal at year's end of a vexing provision which required early declaration of a portion of income for US tax purposes. And new US taxation rules may also have an effect on how US tax-exempt institutions invest in Bermuda insurers, ...

Wealthy Bermuda residents are consulting advisors on the impact new US tax laws will have on their money. The US, perhaps unlike any other country, taxes citizens and residents on their worldwide income. Even residing abroad does not exempt such peop...

US President Bill Clinton signs new measures into law next week that local service providers say could affect the Island's trust business. The industry will be impacted by Monday's removal of a US provision that has protected American beneficiaries o...

The Corporation of Hamilton is expected to soon seek tender bids for a terminal operator's licence for Hamilton Docks, and hopes to have a new contract agreed to by the end of the year. By then, a new long term agreement will have been delayed for an...

local banks to have them represent the company on the Island. Diners Club, used more in European markets than in the US, expects to provide a competitive service here before the end of the year. And some of Bermuda's top cottage colonies -- which hav...

decision in London which turned back an attempt to block his discharge from his first bankruptcy. But he warns that should he win a European Court of Human Rights case he has filed, Bermuda could be forced to pay compensation to him by way of reimbur...

dropped dramatically, the Tourism Minister has told a group of bankers. And signalling a possible shift in Cabinet thinking, David Dodwell yesterday advocated deregulation in a number of areas with a review of Bermuda's rigid liquor licensing laws al...

An attempt by London reinsurers to join in the Supreme Court winding up petition of Bermuda-domiciled Electric Mutual Liability Company (EMLICO) was halted yesterday by Puisne Judge Justice Ground. A crowded courtroom yesterday heard Elizabeth Gloste...

financial irregularities at the Bermuda Bakery Ltd. has failed to meet requirements of Police bail. Canadian-born Earl Fithian, 50, the bakery's sacked company secretary and financial controller, left the Island earlier this month after being questio...