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Former Deputy Premier Jerome Dill is to retire from private law practice after 21 years with Appleby Hunter Bailhache as he seeks to move into the world of business. The partners of Appleby Group have announced Mr. Dill will be leaving as of March 31...

DAVOS, Switzerland (AP) — US Energy Secretary Samuel Bodman defended President George W. Bush's drive to reduce oil consumption without introducing a gasoline tax, saying such a proposal would be too divisive.Bush is asking Congress to aggressively e...

DAVOS, Switzerland (AP) — There’s no shortage of seven- and eight-figure salaries among the executives gathered at the World Economic Forum.But the sentiment that CEOs are worth every pretty penny, no matter how many that may be, is finding detractor...

NEW YORK (Bloomberg) — Lazard Ltd. awarded chairman and chief executive officer Bruce Wasserstein $18 million in restricted shares, 80 percent more than a year earlier, after the stock rose 48 percent in 2006, according to a federal filing.Wasserstei...

TALLAHASSEE (Bloomberg) — Florida Governor Charlie Crist signed a law designed to cut property insurance rates for homeowners, which will also cut earnings for several Bermuda reinsurers, according to analysts. The move in the fourth-largest US state...

SIXTEEN out of India’s 40 richest business tycoons call Mumbai home. So do hundreds of Bollywood actors and directors, more than a dozen of whom have taxable incomes exceeding $1 million a year.Then there are the bankers, consultants and other profes...

Three local banks said yesterday that some of their customers were among millions world-wide whose credit or debit card numbers were accessed by computer hackers who broke into the records of the US-based TJX Group. The Bank of Bermuda and Capital G ...

One of London?s leading insurance and reinsurance programme designers and market operators is heading to Bermuda in a move that underlines the Island?s global importance as reputation as ?the place? for such businesses to be headquartered. Dennis Mah...

BOSTON (AP) — The long-delayed launch of the Windows Vista computer operating system hurt fiscal second-quarter profits at Microsoft Corp., which reported a 28 percent drop in earnings despite revenue growth that exceeded forecasts.In the last three ...