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Bermuda urgently needs to update its intellectual property laws to allow it to better compete, according to an industry task force

Shareholders at a special general meeting of Frontline Ltd have approved the Bermudian-based shipping company’s redomiciliation to Cyprus. Frontline is engaged primarily in the ownership and operation of oil tankers and product tankers. The company’s...

The Bermuda Stock Exchange listed financial services investment holding company, Somers Ltd., has reported a net loss over the second half of the year and substantial declines in shareholders’ equity and net asset value per share in its full year res...

Bacardi, the drinks giant based in Bermuda, has been recognised by Forbes as one of the world’s top female-friendly companies. The prominent list and results are based on an independent survey of approximately 85,000 women working at multinational in...

Bermudian-based Global Cloud Xchange, the network service provider powering global connectivity for new media providers, telecom carriers and enterprises, has been awarded its international long distance licence by the Indian Government. This award e...

Lawyer Michael Hanson has been unanimously elected as the new chairman of the board of the Bermuda Business Development Agency. Mr Hanson, the managing partner of Carey Olsen Bermuda, succeeds Stephen Weinstein in the chairman’s role. Mr Weinstein is...

Jewel, Bermuda’s new digital bank for global digital asset institutions, has partnered with blockchain development ecosystem, Polygon, to issue its Jewel USD stablecoin, Asset Servicing Times has reported. The bank is the first to be licensed to issu...

The Association of Bermuda International Companies completed its 2022 Annual General Meeting at O’Hara House, with Wayne Smith taking over as the new executive director from the retiring Richard Winchell. Mr Winchell, who occupied the seat for 16 yea...

Felix Edgren has been named Apex Group Ltd. regional head of corporate product – Nordics, effective today. Based in Sweden and reporting to HP van Asselt, global head of corporate products & growth, Mr Edgren will be responsible for leading the deliv...

Bunge Limited, the American agribusiness and food company, has announced that its board of directors has unanimously approved moving its place of incorporation from Bermuda to Switzerland. Under the proposal, Bunge would become a Swiss corporation. T...