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Overseas investors have great interest in putting their money into Bermuda, Finance Minister Bob Richards told an audience of accountants yesterday. Speaking at the Fairmont Hamilton Princess at the Institute of Chartered Accountants annual general m...

US Consul General Robert Settje told Insurance Day Summit Bermuda conference attenders that he wants to hear from the insurance and reinsurance industries about their ideas to build the Bermuda economy. Both Mr Settje and the Governor George Fergusso...

A cultural revolution is needed in the Civil Service, says SAGE Commission chairman Brian Duperreault. He told Hamilton Rotary members yesterday that SAGE was surprised to find that creativity and innovation are not encouraged in the Civil Service. “...

The Bermuda Monetary Authority has registered 27 new insurers so far this year, an increase of eight from the 19 registered to May 2012, a spokesman for corporate governance and communications announced yesterday. The monthly assessment and licensing...

Participants in the Newport to Bermuda sailing race spent almost $12 million on the Island, showing what a huge boost to the economy the biennial race is during just a few weeks in June. The newly released results of an economic impact study by the B...

Oppenheimer & Co Inc’s chief market strategist John Stoltzfus, who last year publicly predicted that the S&P 500 would reach record levels, was in Bermuda last week as the index reached an all-time high of 1,633.70. He was on the Island to speak at a...

The new commission set up to save Bermuda’s ailing economy will dish out $20,000 to members of the public who come up with the best ideas for improving government. Businessman Brian Duperreault, chairman of the SAGE (Spending and Government Efficienc...

Confidence in the economy has shot up dramatically since last December’s general election, according to a new survey. And Finance Minister Bob Richards’ first Budget in February has also won the approval of a majority of residents. According to the s...

Drivers will be happy to see that prices at the gas pump have fallen. The new maximum pump price for regular fuel hitting $2.10 per litre, down 4.8 cents from last month. The new price is ten cents a litre lower than it was one year ago. Drivers who ...

Those of us who remember the Apollo 13 incident, when the seventh launch was made in 1970 by NASA on a mission to the Moon, will recall vividly how a life-threatening situation was saved by making use of the best technical brains on the ground, worki...