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Willis Towers Watson employees in Bermuda, and its charities committee members, have made donations of $1,000 to several local charities ahead of Christmas. The charities benefiting include CARE Learning Centre, Salvation Army, Coalition for the Prot...

A Bermudian reinsurance and wealth-management firm has been linked to a $1 billion fraud case in the US. The Beechwood group, which includes Beechwood Bermuda International and Caymanian-based Beechwood Re, has been impacted after top executives at N...

Butterfield Bank gained some massive new shareholders — including some of the biggest names on Wall Street — as a result of its initial public offering on the New York Stock Exchange in September. Regulatory filings show an impressive breadth of inst...

Inflation edged up to 2.1 per cent in October, 0.1 of a percentage point higher than the month before. For the second consecutive month, the education, recreation, entertainment and reading sector was the largest contributor to the year-over-year cha...

NEW YORK (Bloomberg) — Google saved $3.6 billion in worldwide taxes in 2015 by moving 14.9 billion euros ($15.5 billion) to a Bermuda shell company, new regulatory filings in the Netherlands reveal. The amount the company shifted through its Dutch su...

The Bank of Butterfield went up $1 to $32 on The Royal Gazette/BSX Index. The rise, equal to 3.2 per cent, came after 2,624 shares traded. On the New York Stock Exchange, the bank dropped 26 cents, or 0.79 per cent, to $32.50. The Royal Gazette/BSX I...

A Bermudian firm has won a bid to run two ferries between Dockyard and St George for Norwegian Cruise Lines. Cruiseport Ferry Management, owned by experienced mariner Beau Evans, will operate the two 85-foot catamarans from next July. The boats, buil...

Allied World Assurance Company operations will not be changed as a result of Fairfax Financial Holdings proposed $4.9 billion acquisition. Prem Watsa, the chief executive officer of Fairfax Financial, has praised the performance of the insurer and re...

Bermudian businessman Mike Swan is a driving force behind green transport. Now Mr Swan, who owns the Lighthouse LED lighting specialist, has moved into electric scooters and power-assisted bicycles with his Veelr E-motion venture. And he plans to add...

Bermuda took top spot in a competition to find the world’s best digital jurisdiction. The island won the prize from UK magazine World Commerce Review — regarded as the principal awards for professional conduct and excellence. Grant Gibbons, Minister ...