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As part of its strategy to foster sustainable, equitable growth in Bermuda, the Bermuda Business Development Agency, led by Government and in collaboration with the private sector, has launched an initiative to establish and promote the jurisdiction ...

Professional-services company Acumen Group has partnered with software firm Blue Bison to offer a state-of-the-art payroll services platform. Bermuda-based Acumen, which processes about 35,000 payslips annually, said it is seeing growing demand from ...

Google has moved Google Ireland Holdings Unlimited Company’s tax residency from Bermuda to Ireland, according to a report. It has also stopped licensing its intellectual property from Bermuda, and now does so from the US, as it indicated it would in ...

Environmental, social and governance issues are becoming increasingly important for public companies, the chairman of the Bermuda Business Development Agency told an international forum. Stephen Weinstein said: “Increasingly, public companies – which...

Cryptofinance company XBTO International, which is incorporated in Bermuda, has donated $50,000 towards the cost of running the Bermuda Hospitals Board’s vaccination clinic. It made the donation in response to an appeal by the Bermuda Hospitals Chari...

Disgraced American fraudster Bernie Madoff, who operated a $17.5 billion Ponzi scheme has died in prison, at 82. The scheme was the largest in history, and collapsed in 2008. Bernard L. Madoff Investment Securities LLC, which Mr Madoff founded, was l...

The technical managers of the giant container ship that blocked the Suez Canal for six days last month have expressed disappointment that the waterway’s owner has now begun arrest procedures against the ship. Bernhard Schulte Shipmanagement, which ha...

The Bermuda Monetary Authority is to increase its focus on climate change matters with the introduction of a regulatory and supervisory team specialising in the licensing and supervision of innovative business model proposals to address climate chang...

Athene Holding Ltd has closed a significant pension risk transfer transaction in connection with American department store chain JCPenney's pension plan termination. Under the terms of the transaction, the Bermudian-based financial services company s...

Three speakers from Bermuda will take part in the Island Finance Forum 2021, an online event, this week. Among them will be finance minister Curtis Dickinson. The four-day forum features speakers from islands around the world. Topics being discussed ...