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The District of Columbia has done a U-turn on a controversial list of tax havens that included Bermuda. The municipality of Washington DC has repealed the 39-jurisdiction list only a week after it came into effect. The Island was included on the list...

Insurance chiefs have joined forces to back the first-ever careers month for the industry. And Hamilton Insurance Group chief Brian Duperreault, Inga Beale of Lloyd’s of London and Dan Glaser of Marsh & McLennan have sent an open letter calling for b...

A total of 32,065 shares worth $77,948.70 today traded on the Bermuda Stock Exchange. Bermuda Aviation Services dropped 85 cents (27.4 per cent) to $2.25 after 19,806 shares traded. The Bank of Butterfield was at $1.81, down four cents (2.2 per cent)...

Dear Dave, Our son is a senior in college. We all signed a contract before he left for school a few years ago stating that we would pay for school and provide him a car to drive as long as he maintained good grades and behaved in a respectful and ma...

There will be a celebration at My Closet this evening when the women’s clothing and accessories shop holds its grand opening. The business on Par-la-Ville Road will showcase its fall collections and is planning prizes and giveaways, along with discou...

A Bermuda-based property developer is to join forces with a Qatar investment firm in a massive $8.6 billion development in New York. Brookfield Property Managers has teamed up with the Qatar Investment Authority (QIA) to develop a five building, seve...

Bermuda-based bond insurer Assured Guaranty yesterday posted profits of $129 million for the third quarter — $206 million down on the same period last year. The 2015 third quarter figure — equivalent to 88 cents per share — compares to third quarter ...

Bermuda-based shipping company Teekay Tankers Ltd saw its profit rise in the third quarter as spot charter rates for its oil and gas tankers increased. Teekay, which owns 51 tankers of various sizes, reported net income of $41.2 million, or 30 cents ...

A Bermuda tech firm has teamed up with an international software company to provide free cyber-security checks for Island businesses. CheckPoint Software Technologies, based in Israel and the US, has joined up with Hamilton-based Independent Consulti...

Structural changes to the reinsurance industry will be the focus of the Bermuda Reinsurance Conference, sponsored by PwC Bermuda and Standard & Poor’s Ratings Services, next Tuesday. The conference will feature a number of top executives who will sha...