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Business and political leaders in Bermuda have reacted to US President Joe Biden labelling the island a tax haven, and appearing to have the island in the “crosshairs” of US tax reform. They have highlighted the support the island's international bus...

LOM Financial Ltd achieved a 282 per cent rise in profit last year, to $4.83 million, driven by increased revenue from broking fees and gains on securities. The company’s assets under administration rose from $1.2 billion at the beginning of 2020, to...

Google has moved Google Ireland Holdings Unlimited Company’s tax residency from Bermuda to Ireland, according to a report. It has also stopped licensing its intellectual property from Bermuda, and now does so from the US, as it indicated it would in ...

Disgraced American fraudster Bernie Madoff, who operated a $17.5 billion Ponzi scheme has died in prison, at 82. The scheme was the largest in history, and collapsed in 2008. Bernard L. Madoff Investment Securities LLC, which Mr Madoff founded, was l...

Three speakers from Bermuda will take part in the Island Finance Forum 2021, an online event, this week. Among them will be finance minister Curtis Dickinson. The four-day forum features speakers from islands around the world. Topics being discussed ...

A light-hearted April Fools’ Day video by Bermuda-incorporated data and software company Afiniti has brought smiles to the faces of many people. Featuring Bermuda scenes filmed by local crews, the promotional video explained the concept of Afiniti's ...

A huge containership that blocked Egypt’s Suez Canal for six days is moving once more after being successfully refloated. Bernhard Schulte Shipmanagement (BSM), which has an office on Par-la-Ville Road, are the technical managers of the ship Ever Giv...

Efforts to refloat the huge containership blocking Egypt’s Suez Canal are now focused on dredging and removing sand and mud from around the vessel’s bow, according to Bernhard Schulte Shipmanagement. The global maritime solutions company, which has ...

A managing director of an alternative investment-focused financial services firm has spoken of his hope that it might open an office in Bermuda. Mark Jennings knows the island well. He worked and lived here for five years, starting in 2009. He is n...

A huge containership that ran aground in Egypt’s Suez Canal, blocking one of the world’s major maritime trade routes, is being managed by Bernhard Schulte Shipmanagement, which has an office in Bermuda. The Ever Given is 400 metres long, and has a gr...