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White collar union leader Jason Hayward last night held out a 2016 olive branch to Government — and pledged to work with Ministers to reduce the cost of public administration. Mr Hayward, president of the Bermuda Public Services Union, said that 2015...

Personal finance website GOBankingRates has labelled Bermuda a tax haven. The Island features in an article highlighting the top ten tax havens worldwide. Bermuda figures at number seven on the list, alongside the Cayman Islands, the Bahamas and Jers...

Bermuda’s business chiefs will be out in force at next month’s World Captive Forum. The event, to be held in Florida, will include several speakers from Bermuda including lawyers, regulators and business leaders. And Bermuda delegates will use the ev...

US Democratic presidential hopeful Bernie Sanders has pledged a crackdown on tax avoidance involving Bermuda and other offshore jurisdictions. Mr Sanders, currently trailing Hillary Clinton in the race for the nomination as presidential candidate, ma...

Bermuda Commercial Bank (BCB) yesterday posted $8 million in net income in the year ended September 30. The figure, stated in the financial results of BCB’s parent company Somers Ltd, is down $1.2 million, or 13 per cent, on the previous year. Somers...

Bermuda-based BCB Holdings is to change its name. The firm is to become Caribbean Investment Holdings. A spokesman said the board believed “the new name is better suited to the company’s strategic focus and aspirations.” BCB Holdings is a holding com...

Former Premier Dame Jennifer Smith has completed a prestigious yearlong course for leaders at Harvard University. Dame Jennifer, a fellow of the university’s Advanced Leadership Initiative, completed the course with a presentation of a plan to increa...

Warwick Academy’s From Bears to Bulls team in the KPMG Investment Challenge may be in their pyjamas — but they are not sleeping on the job. The team was sitting third in the November ratings in the annual schools competition, just behind Dobby’s Trad...

Airline JetBlue has launched an expanded charter service between the US and Cuba. A second weekly round trip charter will join the existing service from New York to the Cuban capital Havana. The new flights, which will operate on Tuesdays, will be Je...

An influential UK newspaper has called for Britain to force its Overseas Territories to create a public register of owners of companies. Chris Blackhurst, the group content director of a four-newspaper stable, writing in the London Evening Standard, ...