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Bermuda will celebrate Global Entrepreneurship Week with nearly 40 events and activities. Bermuda Economic Development Corporation (BEDC) chairman Nicholas Kempe said that the Global Entrepreneurship Conference, held in Milan, Italy, earlier this yea...

Bermuda is outranked on a tax secrecy list by Britain, the US and the Cayman Islands. Bermuda is 34th in the rankings of 100 countries for tax — while the Cayman Islands ranks fifth on the list. Switzerland tops the list, followed by Hong Kong, the U...

A director of the Bermuda Monetary Authority (BMA) has quit his post. E Barclay Simmons stepped down after nearly nine years on the board of the Island’s financial regulator. Mr Simmons, who is also the manager of ASW Law, resigned from the board due...

NEW YORK (Bloomberg) — Bermuda-based Athene Holding Ltd, the annuity provider tied to Apollo Global Management LLC, hired Michael Solf to oversee asset-management strategy at its new Germany operation. Solf was named chief investment officer in the r...

BRUSSELS (Bloomberg) — Luxembourg and the Netherlands lost a bit of lustre as tax havens for some of the world’s biggest companies this week, as the European Union fired its latest salvo aimed at multinational tax dodging. Yet the Netherlands is on p...

Confidence appears to be growing that Bermuda’s economy is headed in the right direction — among consumers and business leaders alike. That conclusion can be drawn from the HSBC Business Confidence Index, details of which were released this week by T...

A Bermudian was selected for prestigious list “Forbes 30 Under 30”, a coveted title of ambitious millennials, for her part in “disrupting” the way we shop. Chosen by a panel of judges that included fashion giant Tommy Hilfiger, Natasha Tucker was inv...

Falling fuel and power prices have helped drive down inflation to 1.4 per cent. Although prices in the sector were static during August, a year-on-year drop of 10.5 per cent, with cheaper electricity a major factor, impacted the headline rate. Betwee...

Dear Sir, I just returned from my 51st Bermuda vacation. Another winner. Hurricane Joaquin was a special treat. Great hotel as usual. When I looked at the bill I became a bit annoyed. I was quoted an excellent rate, which I was very satisfied with. ...

Top executives of global giants are to jet in to Bermuda for the first Island America’s Cup races this weekend, America’s Cup supremo Sir Russell Coutts said yesterday. Sir Russell said top executives from America’s Cup sponsors Louis Vuitton, luxury...

A blistering attack on major countries who brand offshore financial centres as tax havens has been launched by Bob Richards. The Minister of Finance warned that pressure on the offshore sector from abroad will continue into the foreseeable future. Mr...

NEW YORK (Bloomberg) — The world’s top body for economic coordination unveiled its blueprint yesterday for cracking down on international tax avoidance, an opening salvo in what promises to be a prolonged battle between countries and companies over w...