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Inflation rose to its highest level in two-and-a-half years as the rising cost of gasoline, healthcare and education took a toll on consumers. The cost of living was 2.4 per cent higher in March than in the same month of 2016, according to the Consum...

Bermuda businesses are being given the chance to see a free demonstration of an online Bermuda payroll system that automates the new changes to the payroll tax structure introduced by the Bermuda Government. A lunch and learn demo session will be hel...

There are a few reasons why Chris Perinchief views his carwash as probably the best in the world. For customers, there is the opportunity to relax on one of the repurposed bus seats that act as an outdoor waiting area — facing out on a panoramic view...

A total of seven new insurance companies were last month registered by the Bermuda Monetary Authority. Five of the seven were special purpose insurers used as vehicles for insurance-linked securities. The BMA monthly statistics for April brings this ...

President Donald Trump recently announced the massive changes that he wants to make to the Internal Revenue Code. The announcement consisted of broad parameters with no details as to implementation. In summary, the plan is to reduce the corporate tax...

Global equities Global equities have continued to move higher as corporate earnings’ strength is offsetting some softening in economic data. Since the surprise victory of Donald Trump, the MSCI Index has risen over 12 per cent and year to date is up ...

Warwick Academy yesterday notched up a double in the annual KPMG Investment Challenge for schools. The #Inspire team took the top spot in a field of 19 teams, with schoolmates Front Street Wolves taking second spot. All the teams were given a virtual...

Britain’s imminent departure from the European Union should not impact Bermuda’s ability to successfully negotiate with the EU on matters of regulation and securing fair access to the EU market for the island’s insurance and financial services sector...

There was a worthy purpose to the fun and somewhat crazy pursuits witnessed at the second Xtreme Sports Games. Companies and organisations competed against one another at a variety of sports, including bubble football, zorb racing and human bowling. ...

Bermuda’s A+ credit rating and stable outlook have been affirmed by ratings agency Standard & Poor’s. The island report said: “The ratings reflect our view of Bermuda’s effective and predictable policymaking, very high gross domestic product per capi...

Bermuda’s share of net premiums in re/insurance dropped by $7.7 billion to $108.5 billion between 2014 and 2015. The latest figures from the Bermuda Monetary Authority added that capital held fell, but that total assets went up. Capital held dropped ...

President Donald Trump’s pledge to make America great again has helped drive US stock prices to new all-time highs in recent weeks. The newly-elected President’s outspoken demeanour combined with soaring business confidence have stoked hopes for a mo...