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BRUSSELS (Bloomberg) — The days in paradise may be numbered for those seeking refuge from heavy tax burdens in remote islands. Finance ministers representing the world’s largest market vowed to take action following the revelation of records exposing...

LONDON (Bloomberg) — The activities of Glencore Plc, the world’s biggest commodity trader, are under scrutiny after a massive hack of confidential information from offshore law firm Appleby. Glencore was one of the top clients of Appleby, which even ...

With the furore of the “Paradise Papers” swirling across the international media, David Burt met the controversy head-on when he spoke to a room of delegates at the GR Innovation & Insurtech conference. And he also told a packed conference room that ...

Hiscox has lowered its estimates of losses from third-quarter hurricanes and said it was seeing signs of markedly improved rates. The Bermudian-based insurer and reinsurer said this morning in its interim statement for the first nine months of the ye...

Marsh and Guy Carpenter has donated $2,500 to Crime Stoppers Bermuda Chris Reeves, managing director of Marsh, and country corporate officer of Marsh & McLennan Companies, Bermuda, said: “Crime Stoppers Bermuda has been a staple within the community ...

A medical aid device designed to provide peace of mind and security to seniors, persons with restricted mobility, children and individuals has been introduced to Bermuda. The GPS-equipped key ring-size device has a button that can be pressed during a...

Butterfield Bank shares plunged 6.6 per cent in Bermuda Stock Exchange trading today. The bank fell $2.45 to close on $34.55 as 8,160 shares changed hands. On Wall Street, Butterfield’s New York Stock Exchange-listed shares held up better, falling 3...

The company behind an innovative advertising campaign for the Bermuda Tourism Authority has won a top award in the UK for its efforts. Earlier this year, interactive billboards in London, Birmingham and Manchester were used to entice commuters to tak...

Friends with a passion for Latin dance started a recreational business to teach the art, and it has grown in popularity during the past two years. Clave Dance is the name of the salsa studio, which is currently being held at The Docksiders Pub and Re...

Electricity created by residential solar panels can now be more easily stored for later use, such as when the sun goes down or during a power outage. A new generation of lithium-ion batteries that are totally sealed and wall mounted in a similar fash...