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Bermuda bucked the trend in mergers and acquisitions by recording 74 deals in the third quarter — usually a quiet time of year for M&A. That is according to a report released by offshore law firm Appleby, who said the deals amounted $9.08 billion. Th...

The flow of new companies setting up offshore is starting to pick again, according to offshore specialist law firm Appleby. The number of offshore companies being registered in the first half of 2012 was up nine percent from the previous six months, ...

Asset managers are about to be hit by a wave of regulation - and few of them are fully prepared. That is the view of Craig Bridgewater, managing director and head of investments at KPMG in Bermuda, who is spearheading his firm’s hosting of a series o...

Bermuda is full of news concerning expatriate workers here — their treatment, their lifestyle as well as their recent exodus. But one Bermudian executive knows just what it’s like to live abroad in one of the toughest cities in the world and says now...

With just one day left before Election Day in the US, a new poll shows members of Bermuda’s largest business sector favour Mitt Romney over President Barack Obama. According to a BestWeek poll released early to The Royal Gazette, more than 60 percen...

Bacardi Ltd has announced the appointment of Joseph Schena to be the company’s chief financial officer and senior vice-president. Mr Schena will replace senior vice-president and CFO Jacques Croisetière, 58, who is retiring. As senior vice-president...

The Turks and Caicos Islands real estate industry is “back with a bang”, as home sales rocketed a reported 70 percent over the past year. And it’s not that homes on the 45,000-population island are much cheaper than in Bermuda: the average condo pri...

A local businessman says he has the answer to Bermuda’s tourism financing crisis: condo hotels. Owner of Bistro at the Beach and Red restaurants, Rick Olson, said he has bought and sold condos at the luxury Gansevoort Wymara resort in the Turks and C...

Bermuda’s Ministry of Finance has signed two more Tax Information Exchange Agreements (TIEA) — one in South America, the other with one of the Island’s offshore business rivals. Bermuda signed agreements with the Republic of Brazil and the Republic ...