The economy suffered the deepest contraction in living memory last year, the latest statistics revealed last night.
The 2020 report on Bermuda’s Gross Domestic Product said the economy contracted by ...
A Bermudian-based offshore drilling company has secured two contracts having an approximate aggregate value of $549 million with a state-owned Brazilian multinational corporation in the petroleum indu...
Bermudian-based Monument Re has agreed to sell Robein Leven N.V. and its subsidiary Robein Effectendienstverlening to Chesnara plc through its existing Netherlands-based platform, the Waard Group.
The...
Bermudian-based Avance Gas Holding Ltd has reported a third quarter net profit of $4.2 million.
That compares with a net profit of $1.5 million in the second quarter of the year.
The company, which is...
Retailers and shoppers are being encouraged to participate in the annual eMonday promotion next week sponsored by the Department of Economic Development and spearheaded by the Bermuda Economic Develop...
With Covid-19 still having an impact on the island, the Royal Naval Dockyard has opted for a little less bustle this holiday season.
“Although we love hosting a variety of events for the community eve...
The oil tanker company Nordic American Tankers Ltd has reported a third-quarter net loss of $44.7 million.
Adjusted for an impairment of $8.4 million (non-cash), the net loss was $36.3 million, the Be...
IncubEx Inc, the company founded by the executive chairman of Bermudian-based Conduit Holdings Ltd, has acquired Insurwave Limited, the insurtech platform.
Neil Eckert founded IncubEx in 2016.
Conduit...
Sompo International Holdings Ltd, the Bermudian-based specialty provider of property and casualty insurance and reinsurance, has appointed Eric J Kox country manager, Germany for its insurance operati...
Bermuda Electric Light Company Limited president Wayne Caines has been elected to the Caribbean Electric Utility Services Corporation board of directors.
Carilec is an association of electric energy s...