HAMILTON, Bermuda, CMC - Health Minister Patricia Gordon-Pamplin says 70 per cent of Bermuda's adult population is overweight or obese and the island is counting the cost of additional strains being put on a struggling economy. Gordon-Pamplin, who has just returned from a meeting of health mini...

An international deal to crack down on secretive tax havens is in jeopardy after the British Crown Territory of Bermuda refused to sign up to new transparency rules. Tax avoidance had been placed top of the agenda for the G8 summit of world leaders meeting next week in Northern Ireland, and David Ca...

HAMILTON, Bermuda, CMC -- Bermuda and other British Overseas Territories (OTs) -- including five Caribbean islands -- have been summoned to a London summit this month as Prime Minister David Cameron seeks more transparency to end what he calls the “scourge of tax evasion”. Cameron has wa...

(Reuters) - Bermuda is not to blame for companies such as Google using Bermudan subsidiaries to shelter billions of dollars from U.S. and European tax authorities, the territory's finance minister said on Monday. Google has come under fire from British lawmakers for channelling billions of dolla...

HAMILTON, Bermuda, CMC - Premier Craig Cannonier has dismissed opposition complaints over a trip he and two cabinet colleagues took on a private jet to a meeting involving a group of investors in Washington, DC. Progressive Labour Party (PLP) MPs blasted the government for what they dubbed “Je...

HAMILTON, Bermuda, CMC - Bermuda has begun counting the cost after Royal Caribbean, which owns the fire-damaged liner Grandeur of the Seas, confirmed the ship will miss its next six sailings. The Grandeur suffered fire damage as it headed for Coco Cay in the Bahamas on Monday but no injuries were re...

HAMILTON, Bermuda, CMC - British Prime Minister David Cameron has put pressure on Bermuda and other British Overseas Territories (OTs) to "take the lead" on tax information exchange and beneficial ownership. Cameron on Monday wrote to Bermuda, along with the rest of Britain's OTs and Crown depen...

HAMILTON, Bermuda, CMC - International ratings agency Moody's Investors Services has downgraded Bermuda's rating by another notch, reiterating its concerns about government's mounting debt and lack of an economic recovery. Moody's lowered Bermuda to Aa3, three notches below the top triple-A level ...

HAMILTON, Bermuda, CMC – Bermuda says it will sign an inter-governmental agreement (IGA) with the United States and Britain saying the decision will further cement the British Overseas Territory as a reputable jurisdiction for conducting business in a transparent manner. Finance Minister E.T. ...

HAMILTON, Bermuda, CMC - Tourism officials and hoteliers have hailed road shows to attract more visitors from the United Kingdom -- which currently provides just 10 per cent of Bermuda's air arrivals -- as a success. Last week's promotional activities in London, Birmingham and Manchester als...