Log In

President Donald Trump finally announced the massive changes that he wants to make to the Internal Revenue Code. The announcement was in the format of a “framework” for discussion in that the Senate and House of Representatives both have tax bills th...

Bermuda international business executives and tax experts were yesterday poring over the proposals in the framework for US tax reform unveiled by President Donald Trump. While the “Unified Framework for Fixing Our Broken Tax Code”, produced by Mr Tru...

Butterfield Bank was the only stock to climb in Bermuda Stock Exchange trading today. The bank closed on $36 after gaining 40 cents, or 1.1 per cent, as 5,399 of its shares changed hands. Butterfield’s New York Stock Exchange-listed shares gained 23 ...

Collin Anderson and Ross Webber may now use the designation ‘Dip IoD’ after their success with the Diploma in Company Direction (Diploma) examination. The news came in a statement from the Institute of Directors Bermuda Branch on the designations ach...

Bar manager Stefano Troja won the 2017 Bacardi Bartender Challenge. Stefano Troja, who works at Red Steakhouse and Bar on Front Street, Hamilton, did not know what to expect when his manager signed his name up for the competition. Mr Troja said: “My ...

What investing is and why it matters will be the topic of a lunch-and-learn event to be held during World Investor Week. The Bermuda Chamber of Commerce’s Emerging Professionals Division will host the Chartered Financial Analysts Society Bermuda even...

Retail sales climbed 2.2 per cent in July, boosted by higher sales of vehicles, but liquor stores saw a sharp fall in receipts. Retailers took an estimated $106.3 million at the till during July, according to the Retail Sales Index, published today b...

Member companies of the Association of Bermuda Insurers and Reinsurers contributed close to $900 million directly to the Bermudian economy last year — and much more indirectly. In announcing the results of its economic impact survey, Abir said that B...

Shares of Ascendant Group and Butterfield Bank each hit new 52-week highs in Bermuda Stock Exchange trading. Ascendant, parent of power utility Belco, jumped 50 cents, or 5.7 per cent, to close on $9.25, as 15,500 shares changed hands. Butterfield ed...

Reinsurers’ catastrophe losses could reach as high as $190 billion this year and force the hardest-hit firms to raise capital to keep their credit ratings. That is the view of Fitch Ratings analysts who said 2017 could prove to be a year of record ca...