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Bermuda’s first attempt at legislation to address “economic substance” concerns was given the thumbs-down by European Union officials, The Royal Gazette understands. Three sources have claimed that the European Code of Conduct Group said last week it...

Market volatility has increased markedly over the past two months. There are several macro concerns fostering consternation and a concern among investors. Here are a couple to consider with some narrative: Powell Powers Ahead The market has become in...

Bermuda has been warned that on present trends it is heading for a downward spiral of demographic and economic decline. Experts added that the Government has taken a significant step back from fiscal targets set a year ago, with projected lower reven...

Bermuda’s insurance and banking industries have little to fear from imminent legislation to address European concerns over “economic substance”. That is the view of Christian Luthi, chairman of international law firm Conyers Dill and Pearman, who is ...

David Burt and other ministers of the Bermuda Government were among attendees at a presentation on a community-centred economic rejuvenation model that has helped transform the city of Preston in northern England. The event was held at the St Paul’s ...

More details about the Bermuda Government’s refinancing of a portion of the island’s $2.42 billion net national debt have been revealed. The Government had said it was looking to repurchase $424 million of its existing senior notes this month. Simult...

Hamilton shops will jump the gun tonight on Black Friday and stay open late. Gibbons Company and Sports ‘R’ Us will both open longer with discounts designed to attract shoppers. Stores traditionally open earlier than usual on Black Friday and hold “d...

Businesspeople will get the chance to show off their skills as detectives and bowlers at two special networking events. Teams will be invited to track a trail of clues around Hamilton and take part in a bowling night. The event is held under the Berm...

A community-centred economic rejuvenation model that is transforming a city in northern England could provide a springboard for Bermuda to try similar ideas. That is a hope of a strategist who will this evening give a free presentation in Hamilton ab...

The economic rejuvenation of the English town of Preston through “community wealth building” has attracted much attention in recent years. Julian Manley, one of strategists behind the ongoing economic transformation of Preston, will speak at an event...

US economic growth is likely to fall to below 2 per cent over the next decade, US chief economist for Standard & Poor’s, told a conference in Hamilton yesterday. Beth Ann Bovino said the slowing growth would be driven by retiring baby boomers leaving...

Bermuda must look at ditching its own dollar in favour of United States currency, Bermuda’s elder statesman has said. Sir John Swan floated the idea in an opinion piece on potential changes for Bermuda published in The Royal Gazette this month, which...