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Bermuda-based drinks giant Bacardi has brought more jobs to Bermuda as the firm expands its portfolio, the company’s regional president for Latin America and the Caribbean said. Ignacio del Valle, in Bermuda to help launch two new premium rums, said ...

A subsidiary of Bermudian-based insurer Axis Capital has filed a lawsuit seeking relief from paying for the defence costs of film-maker Harvey Weinstein in connection with pending civil and criminal litigation — including rape charges against him ste...

Dale Jackson has joined Oyster Consulting (Bermuda) as its managing director. Mr Jackson is a financial-services professional whose experience includes business regulatory compliance, financial crime investigation, AML audit, oversight and reporting...

A broad measure of Bermuda’s economic activity contracted in the first quarter of this year, according to a report released today. Gross domestic product — the value of goods and services generated by the island’s economy — fell by 0.4 per cent in th...

Horseshoe Fund Services has been voted Best Offshore Fund Administrator in the prestigious HedgeWeek USA Awards 2018. The award for the fund services division of Bermudian-based Horseshoe Group recognises excellence among hedge fund managers and serv...

Retail sales volume plunged by 10 per cent in June compared to the same month in 2017 when the island was hosting the monthlong America’s Cup. It was the fourth successive month of year-over-year retail sales declines, according to data published tod...

Shares of Ascendant Group and Butterfield Bank changed hands on the Bermuda Stock Exchange, but the prices of both stocked remained unchanged. Ascendant, the parent company of electricity utility Belco, was the most actively traded stock, with 7,728 ...

Dear Dave, My husband started his own one-man, small business as a handyman a little less than a year ago. He has netted $17,000 in that time, but the business has about $13,000 worth of debt. We’ve always kept personal finances and business separate...

A business leader has called for international companies to confront the issue of a lack of diversity in their senior ranks and to combat the unconscious bias that allows it to continue. Patrick Tannock, chairman of the Association of Bermuda Interna...

A new company that will allow investors to buy and sell insurance risks much as they do stocks is planning to launch in Bermuda in the next few months. Extraordinary Re has developed a platform run by Nasdaq for the trading of insurance liabilities, ...