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Bermudian start-up tech firm Trunomi has joined forces with a European firm to tighten up mobile security for data management in financial services. The company has signed a deal with InAuth, a specialist in advanced device authentication and fraud p...

Bermudian lawyer Lilla Zuill is settling into a new life in Hong Kong after being seconded to the Orient by Bermuda law office Harneys. Ms Zuill is to spend a year in the Harneys office on secondment in a bid to build business links between the islan...

Bermuda should not be lumped in with offshore centres that encourage tax-dodging, the Bermuda Business Development Agency said today. The BDA hit out after a massive leak of documents from a Panamanian law firm Mossack Fonseca, which have sparked pro...

Bermuda is to explore the possibility of investment and business opportunities with Iran, following the lifting of UN sanctions against that country earlier this year. The Middle East country is hosting the Iranian Aviation Symposium between April 25...

NEW YORK (Bloomberg) — Two units of Cayman National Corp pleaded guilty to helping US clients evade taxes and hide more than $130 million in offshore accounts as a Justice Department crackdown on tax cheats expands beyond Switzerland. Cayman National...

Bermuda notched up the highest number of merger and takeover transactions for five years in 2015. A total of 489 deals took place, with the combined value of $79.17 billion up 41 per cent up on the previous year and the largest percentage increase of...

A bid is being made to bring more jobs to Bermuda by boosting the presence of hedge funds. Island professionals are to combine to form a branch of the Alternative Investment Management Association to attract the hedge-fund sector back to Bermuda. Cra...

Teekay Corporation swung to fourth-quarter net income of $38.2 million from the loss it reported in the same period a year earlier. The Bermudian-based company said it had net income of 52 cents per share. Earnings, adjusted for one-time gains and co...

Bermudian-based drinks giant Bacardi has asked a US government department to revoke its decision to grant the Cuban government the right to renew and maintain the trademark for Havana Club rum. The move is the latest in a long-running battle between ...

Jersey and Guernsey have had their long-term credit ratings cut by Standard & Poor’s Ratings Service, with both jurisdictions being lowered from AA+ to AA. The changes reflect concerns about increasing regulatory complexity and demands, with the rati...