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Appleby, the international law firm, believes that the use of technologies in addressing climate change is critical and the discussions this week at the 3rd annual International Tech Summit ‘22 are important to that cause. Appleby is a sponsor of thi...

Digicel is giving customers across the Caribbean and Central America the ability to call and text from their home country to Ukraine for free from today. The company said the opportunity is a show of solidarity for the people of Ukraine and their lov...

Mi Hong Yoon has been appointed a director and company secretary of Borr Drilling Limited, succeeding Georgina Sousa, who is retiring from both posts. The Bermudian-based oilfield services company said Ms Sousa had served in both positions since Febr...

Lawrence Scott, the Minister of Transport, will update Parliament on the latest with regard to the British sanctions imposed in light of the Russian invasion of Ukraine. Addressing the matter yesterday, David Burt, the Premier and finance minister, c...

The Association of Bermuda International Companies (Abic) has expressed its concern that Bermuda will remain on a European Union grey list until October despite having done what was needed to satisfy the OECD’s Forum for Harmful Tax Practices (FHTP)....

CargoJet, “Canada’s cargo airline“, has apologised for the rash of delays and service interruptions that has left Bermuda importers in the lurch on more than one occasion recently. The company vowed to take steps to replace faulty jets used in its Be...

Bermudian-based Teekay Tankers Ltd, one of the world’s largest owners and operators of mid-sized crude oil tankers, has reported losses for both the fourth-quarter and full fiscal year 2021. The company said its fourth-quarter GAAP net loss was $39.8...

Alaina Cubbon has joined Elementum Bermuda in the position of vice-president, portfolio management on the organisation’s investment team. The alternative investment manager specialising in collateralised natural catastrophe event reinsurance investme...

Nordic American Tankers Limited, the Bermudian-based oil tanker company, has reported a net loss of $21 million in the fourth quarter of 2021. The adjusted EBITDA was $1.9 million. The net loss for the previous quarter was $44.6 million, with an adju...

Aanika Biosciences, an emerging American biotech company using microbial-based technologies to protect the safety and security of our food system, has been accepted into the Bermuda Monetary Authority’s Innovation Hub. The company said the programme ...