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Bacardi USA has sold its iconic Bacardi Tower and Museum buildings in Miami to an arts foundation. The sale by the Bermuda-based beverage giant will see the two buildings encompassing 3.3 acres on Biscayne Boulevard, handed over to the National Youn...

A new report reveals that Bermuda's international companies provide nearly $1 trillion of direct investment in the global economy. Business Bermuda's 2012 Economic Impact Report, published yesterday, showed that Bermuda's holding companies provided $...

Representatives from Business Bermuda have just returned from Panama where they spent last week at the STEP LatAm Conference. More than 300 attendees from across Latin America, the Caribbean, US and even Europe and Asia gathered in Panama City to di...

Shares in Dr David Saul’s Odyssey Marine Exploration dived after the company delayed salvaging more silver from two shipwrecks in the North Atlantic. Odyssey said it would delay retrieving millions of ounces of silver until next spring due to weather...

Deloitte has announced Chelsea Soares as the recipient of the 2012 Deloitte Scholarship, valued at $15,000 per year for up to two years. According to the company, Ms Soares’s excellence in accounting, dedication to community service and involvement i...

The Bermuda Stock Exchange, along with top Bermuda-based financial services executives and Government officials, are headed to Toronto next week to boost ties with Canadian businesses. On October 4 the high-level delegation will host a panel discussi...

There’s something fascinating about a Fidelity Investments — a privately held, family business with $3.5 trillion in assets under administration as of January 2012. Founded in 1946, it’s now the second-largest US mutual fund company and one of the w...

Forbes Magazine’s list of “The 400 Richest People in America” is out and it includes several billionaires who have ties to Bermuda and the reinsurance industry. Highest on the list with a connection to the Island is the “Oracle of Omaha, billionaire...