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Bermudian-based Signet Jewelers Limited, the world’s largest retailer of diamond jewellery, has reported sales of $1.5 billion in the third quarter of fiscal year 2022. That is an increase of more than $235 million from the third quarter of fiscal ye...

Bermudian-based Apex Group Ltd, the global financial services provider, has been appointed to provide fund administration and middle-office services to the life insurance company of Azimut Group. Apex said that Italian-based Azimut is one of the lead...

Bermudian-based Frontline Ltd, the oil-shipping company, has reported a net loss of $33.2 million for the third quarter. The company reported an adjusted net loss of $35.9 million in the set of unaudited results released today. Total operating revenu...

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 industry. Seadrill Limited said that the deals with Pe...

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 engaged in the transportation of liquefied petrol...

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 Bermudian-based company said. This compares with the...

Bermuda-based offshore drilling company Seadrill Limited has announced that a new, independent, seven-member board of directors will assume leadership of the new parent company of the Seadrill group upon emergence from Chapter 11. The company said th...

Bermuda-based Apex Group Ltd has become one of the first global fund administrators to receive regulatory approval to operate in India’s Gujarat International Finance Tec-City International Financial Centre. Apex said that GIFT City is a planned inte...

Bermuda-based Signet Jewelers Limited, the world's largest retailer of diamond jewellery, has finalised its acquisition of Diamonds Direct USA Inc for $490 million in cash. The company said that this reflects approximately a 1.1x multiple on annualis...

Bermuda-based fintech company StableHouse has announced the early-access launch of its regulated and licensed digital assets platform, which allows users to begin trading and investing in a wide range of cryptocurrencies and stablecoins. StableHouse,...