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Beverage giant Bacardi has given a cautious welcome to the normalisation of diplomatic relations between the US and Cuba — but played a straight bat to the question of whether it would consider moving its headquarters from Bermuda to the Caribbean is...

The agency set up to drum up new business for Bermuda is to target London. Bermuda Business Development Agency (BDA) CEO Ross Webber said legal firms and top financial services figures would be invited to a special think-tank next March. Mr Webber ad...

Internet giants Google could spearhead the transformation of Bermuda into a ‘Silicon Island’ hub for high technology, The Royal Gazette can reveal. It is believed the global search engine firm, based in California’s Silicon Valley, has been locked in...

Cloud services firm Ignition has made investments in its Bermuda platform amid rising demand for its services. The company said yesterday that it would also be moving one Level 3 engineer from its Canadian operations in Halifax to Bermuda to help kee...

Top law firm Appleby has been appointed as legal services provider to the America’s Cup, it was revealed last night. America’s Cup Event Authority chief operating officer and chief counsel Sam Hollis said Appleby had already provided key support in B...

A Bermuda-based global property firm has teamed up with the Qatar government’s investment arm in a fresh multibillion dollar bid to take over the owners of London’s financial district Canary Wharf. Hamilton’s Brookfield Property Partners and the Qata...

Business chiefs yesterday joined forces to predict the Bermuda Cup would be a top money-spinner for the Island over the next three years. George Hutchings, chairman of the Association of Bermuda International Companies (ABIC), said there would be “su...

Bermuda’s successful bid to host the 35th America’s Cup in 2017 is an ideal opportunity to showcase the Island as a world-class business jurisdiction, according to the Bermuda Business Development Agency (BDA). “We are thrilled by this opportunity — ...

Butterfield Bank has been named Bank of the Year by The Banker magazine in both Bermuda and the Cayman Islands. It was the second consecutive year that the international banking industry publication gave Butterfield the award for both jurisdictions. ...

The potential for growth in Bermuda’s international business from the asset management sector is “huge”, according to industry expert Jessel Mendes. Mr Mendes, a partner with global professional services firm EY, said the foundations for expansion ha...