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Bacardi, the Bermudian-based global spirits company, has launched Bacardi Reserva Ocho Rye Cask Finish, the second instalment in the brand’s limited-edition cask finish series. The new aged rum offering rolls out this month as part of the brand's fiv...

Vincent Darrell has won the 2022 Sheila Nicoll Argus Award, a $15,000-a-year scholarship, granted annually for three years. The Argus Group said Mr Darrell will begin his degree in business management and marketing at Solent University, UK, in Septem...

Aspiring entrepreneur Antoine Jones was the big winner as the Bermuda Economic Development Corporation celebrated the conclusion of the fifth annual Summer Student Entrepreneur Programme with an awards and graduation ceremony. In addition to the mone...

Bermudian-based Valaris Limited has been rated the number one offshore driller in EnergyPoint Research’s 2022 customer satisfaction survey covering offshore contract drillers. The company said this annual benchmark survey is the industry standard for...

DHT Holdings Inc, the Bermudian-based crude oil tanker company, has agreed to sell the DHT Edelweiss, a 2008 built very large crude carrier, for $37 million. The company said the vessel is not fitted with an exhaust gas cleaning system and is due for...

The Bermudian-based subsidiary of US-based crypto currency exchange CoinZoom has been granted a license by the Bermuda Monetary Authority. CoinZoom Global Ltd’s license under the Digital Asset Business Act allows the exchange to serve as a trading pl...

Eighty-one per cent of businesses surveyed have a ransomware coverage limit under $600,000 – or below last year’s median ransomware demand, a new report has revealed. BlackBerry Limited and Corvus Insurance have released the BlackBerry Cyber Insuranc...

AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Bermudian-based ASR Re Limited. The outlook of these credit ratings is stable. The ratings reflect ASR Re’s balance sheet stre...

Civil aviation authorities have been given permission to help owners and lessors regain control of aircraft trapped in an international quagmire that is part of the Russia-Ukraine war. It could also mean their return to good standing on the island's ...

Digicel has announced the launch of IPv6 internet address protocol in Bermuda. A spokeswoman for the company said: “This latest internet address protocol enables a much more seamless experience on your internet-connected devices.” With multiple devic...