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As a kid I read a few DC comics that were set in the Bizarro world of “htraE” (or “Earth” spelt backwards). It was a world where everything is essentially inverted or the opposite of expectations. In fact, one episode depicts a salesman selling Bizza...

Hong Kong fund manger Aaron Boesky is to give a global economic and market update when he appears as a guest speaker at a lunch event organised by LOM Asset Management this month. Mr Boesky is the chief executive officer of China’s number one ranked ...

Twelve new insurance-related registrations were logged by the Bermuda Monetary Authority (BMA) last month, with eleven of the applications being approved and one being deferred. Among the registrations confirmed was ABR Reinsurance Ltd, a Class 4 ins...

Organisers of a hedge fund event expected to attract around 400 delegates to Bermuda are planning to make a donation to charity. The Global Fund Forum will take place at the Fairmont Southampton from June 22-24 and Lisa Vioni, chief executive of orga...

Prices rose 0.2 per cent from January to February, the latest Government statistics have revealed. And year-on-year to February, the cost of a standard basket of goods used to calculate the Consumer Price Index went up by 1.6 per cent. The health and...

Italy has taken Bermuda off a tax blacklist. The Island has been removed from an Italian hit list of jurisdictions after Economy and Finance Minister Pier Carlo Padoan axed a provision in the country’s tax laws on jurisdictions “should not have a pri...

Tough new rules could mean international insurance bosses having to live in Bermuda or spend more time here, according to experts. And big firms may also have to look at the residence of members of their boards — and make sure that decisions about Be...

A global money manager has struck a deal with a small Bermuda firm to distribute its investment products on the Island. BNY Mellon Investment Management EMEA Ltd, which describes itself as the world’s largest world’s largest multi-boutique asset mana...

The UK is to introduce a new tax designed to crack down on firms like Google who channel cash through subsidiaries to avoid tax. Now Google — which came under fire last year for funnelling billions to Bermuda — and other firms will be subject to a ne...

The municipal elections for the corporations of Hamilton and St George's have been set for May 7, the Parliamentary Registrar announced yesterday. At last count, 155 businesses had signed up. The deadline for registration is Wednesday at 5pm. Busines...

The annual ordeal by tedium that is the Parliamentary Budget debate is now behind us. As usual, there was much in the way of grandstanding, sub-Gilbert & Sullivan political slapstick and contrived emoting. But precious little was heard about practic...