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Indian Hotels has made a $1.86 billion bid to take over Bermuda-based Orient-Express Hotels. The offer amounts to $12.63 per share, representing a premium of 40 percent over Orient-Express’s closing share price on Wednesday. Indian Hotels, which is a...

Philadelphia Financial Group — which in August set up two subsidiaries in Bermuda — yesterday announced the appointment of James Hom as chief financial officer to help guide the firm’s continued US and international growth. The Philadelphia-based pr...

Immigration issues are in the spotlight once again following Government’s meeting with industry stakeholders to review the first draft of the 2012 Work Permit Policies. Minister of Economy, Trade and Industry, Patrice Minors met last Friday with rep...

The lead sponsor of US legislation to prevent American companies from operating in Bermuda is once again taking aim at the Island — this time in a campaign ad he has used in his bid for reelection. In the TV spot, US Congressman Richard Neal, who is...

A court ruling in Bermuda has paved the way for representatives of victims of the massive Bernard Madoff fraud to proceed with a civil battle to try to recover as much as $300 million in management fees collected by a company based here. Kingate Mana...

Premier and Minister of Finance Paula Cox is meeting with representatives in the Middle East this week as Bermuda works to strengthen its economic ties in the region. The Premier and a public/private sector delegation from Bermuda are on a weeklong ...

Bermuda has the second highest salary for expatriates — just behind Singapore, one of the Island’s main competitors. According to HSBC’s fifth annual Expat Explorer survey, Bermuda ranked second overall in Economics League table, as well as whether e...

The fourth annual Top 10 Employers in Bermuda 2012 survey results are in and Bacardi International has taken the top spot. This year, the survey was sponsored by financial services firm PwC and conducted in partnership with Mindmaps, one of Bermuda’s...

The Libor rate manipulation scandal was among the topics covered at Sedgwick’s annual seminar for the Bermuda insurance industry. The Tenth Annual Hot Topics Seminar was held this week at the Bermuda Underwater Exploration Institute and attended by s...