Log In

A bid to bring a slice of Hollywood to Bermuda will be launched today. The Bermuda International Film Festival Purpose Trust is to highlight the advantages of the island as a base for film financing and production. Patrice Horner, a Biff Purpose Trus...

Staff at airport services firm BAS Serco are locked in a dispute over severance payments before transferring to new contractor CI². It is understood that Bermuda Public Services Union members at the outgoing contractor want to be paid off before tran...

Professional firm EY has backed International Women’s Day, which is tomorrow, and underlined its commitment to promoting females in the workplace. And the company — a Pledge for Parity sponsor of the event this year — urged other employers to commit ...

Companies are set to shake up their organisation in a bid to meet the demands of global business. A major survey by professional services firm Deloitte found that nearly half of the firms involved had either begun restructuring or planned to do so. T...

The City of London is poised to launch a fresh bid to lure lucrative insurance-linked securities business to Britain. London’s prestigious Financial Times reported yesterday that the British government had set its sights on attracting the fast-growin...

The chairman of the Bermuda branch of the International Institute of Directors has gained a chartered director designation. Insurance industry veteran Roger Gillett, who took over as chairman three years ago, won the accolade after completing an IoD ...

Credit rating agency Moody’s has welcomed Government’s progress in cutting its deficit. Moody’s said Government had reduced its target for current expenditure cuts from 5 per cent to 3.5 per cent after it was unable to renew its cost-cutting furlough...

Bermudian-based Maiden Holdings yesterday reported profits of $24.7 million for the fourth quarter of last year. The reinsurer’s earnings were down $2.8 million on the same period in 2014. The quarterly figures are equal to 32 cents per share, compar...

John Wight, the Bermuda Chamber of Commerce president, yesterday backed a new tax on services unveiled in last week's Budget. Mr Wight said there was “ a great deal of alignment” between Chamber members and Government on the Budget plans to tackle th...

The price of servicing the Island’s debt will outstrip the cost of the country’s most expensive ministry within two years unless action is taken, Bob Richards warned yesterday. Mr Richards, the finance minister, said that the debt service costs this ...