Bermuda
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All Stories for Bermuda

Google shifted about $23 billion in 2017 to Bermuda, a tax haven: Report
•Google did this through a Dutch shell company to allow it to reduce its foreign tax bill.

Tropical Storm Pilar threatens to hit Mexico's western shore as country continues to recover from last week's quake
•Tropical Storm Pilar is moving northward in the Pacific just off Mexico's western shore, raking coastal areas with rain and high winds

Exclusive: Reinsurer Beechwood explores sale after Platinum woes - source | Reuters
•By Lawrence Delevingne | NEW YORK NEW YORK The Beechwood group of reinsurance companies is in talks to sell most or all of itself after a backlash from some clients due to its relationship with troubled hedge fund manager Platinum Partners, according to a person familiar with the situation."The very good news is that Beechwood has a successful business model that is attractive to investors," Davidson Goldin, an external spokesman for Beechwood, said in a statement to Reuters on Friday."The unfortunate news that Beechwood is working to manage on behalf of its clients is that Beechwood’s historical relationships with individuals from Platinum are causing substantial reputational issues for the firm separate from its performance."The sale discussions are with large insurance and private equity firms, according to the person, who requested anonymity because the information is private and who spoke to Reuters on Wednesday.The talks mark a reversal of fortune for Beechwood, a once fast-growing reinsurer founded in 2013 with some funding coming indirectly from Platinum and some crossover in personnel.

Companies put $221 billion into low-tax jurisdictions in 2015 - U.N. | Reuters
•GENEVA Companies put $221 billion into countries with low tax last year, chiefly Luxembourg and the Netherlands, while $72 billion of investment went into two British tax havens - the British Virgin Islands and Cayman Islands, the U.N. said on Tuesday.

Companies put $221 billion into low-tax jurisdictions in 2015 - U.N. | Reuters
•GENEVA Companies put $221 billion into countries with low tax last year, chiefly Luxembourg and the Netherlands, while $72 billion of investment went into two British tax havens - the British Virgin Islands and Cayman Islands, the U.N. said on Tuesday.
Beacons and gun salutes as Britain's Queen Elizabeth turns 90 | Reuters
•LONDON Britain's Queen Elizabeth turns 90 on Thursday with beacons and gun salutes heralding the birthday of the world's oldest monarch, who still performs hundreds of engagements a year and shows no signs of losing her appetite for the job. Usually her birthday passes with little ceremony but to mark Thursday's landmark Elizabeth will greet well-wishers near her Windsor Castle home, west of London, and later light a beacon, the first of 1,000 to be lit across the country and worldwide to mark the occasion.

Bermuda whipped by weakening Hurricane Joaquin
Sarakshi •Bermuda was lashed on Sunday by gusting winds and pelting rains from a weakening Hurricane Joaquin as its spinning center tracked just west of the wealthy financial haven and tourist destination after plowing through the Bahamas as a major storm.

Cricket turns violent: Bermuda brawl is ugliest, but here are some other famous fights
Fpsports •While the 'Bermuda Brawl' was simply at another level, cricket has seen its fair of on-field fights.
Queen Elizabeth becomes UK's longest-reigning monarch | Reuters
Fp Archives •EDINBURGH Queen Elizabeth, who ascended the throne aged just 25 as her exhausted country struggled to recover from the ravages of World War Two, makes history on Wednesday when she becomes Britain's longest-reigning monarch. At about 5.30 p.m
Palace scolds Sun for publishing Queen's childhood 'Nazi salute' image | Reuters
Fp Archives •LONDON Buckingham Palace scolded Rupert Murdoch's top-selling Sun tabloid on Saturday for publishing a previously unknown film from 1933 that appears to show Britain's Queen Elizabeth performing a Nazi salute as a young girl. The black-and-white film from the year Adolf Hitler came to power purports to show future British king Edward VIII instructing his nieces, the current monarch Elizabeth, aged about six or seven at the time, and her three-year-old sister, Princess Margaret, how to perform the Nazi salute. Dancing and smiling with little apparent understanding of the salute's significance as a sign of obedience to Hitler, the two young girls are encouraged by Edward to briefly perform the raised right-arm gesture in the grounds of Balmoral Castle in Scotland.


