1065 results returned for search: "" category "International Business" author Business Staff
Moody's Investors Service has placed under review for upgrade Digicel Group Holdings Limited’s Caa2 corporate family rating, its Caa2-PD/LD probability of default rating, Caa3 senior secured rating and Ca senior unsecured ratings.
Moody's has also p...
DATE: Oct 28, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
Bermuda-registered Nabors Industries Ltd has reported a third-quarter net loss of $115.7 million, an improvement over the comparative three months of 2020 when it lost nearly $147 million.
But it means that Nabors has lost more than $434 million in t...
DATE: Oct 26, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
Bermuda-based investment company Ocean Wilsons Holdings Ltd has changed auditors, it announced today through the Bermuda Stock Exchange.
Ocean Wilsons, which is based in Bermuda but owns one of the leading marine and ports operating companies in Braz...
DATE: Oct 25, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
Ensuring there is a capabilities fit between buyer and target is key to delivering a high-performing deal, according to a new study of 800 corporate acquisitions by the professional services firm PwC.
The study finds that capabilities-driven deals ge...
DATE: Oct 25, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
Apex Group Ltd, the Bermuda-based global financial services provider, has become the official sustainability partner of Cricket West Indies and the shirt sponsor for the West Indies men’s team for the T20 World Cup.
Apex said that the partnership is ...
DATE: Oct 25, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
Digicel Group Holdings Limited has entered into an agreement to sell Digicel Pacific Limited, its wholly owned subsidiary, to a subsidiary of the Australian telecommunications company Telstra Corporation Limited.
The company said that DPL has been va...
DATE: Oct 25, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
Bermuda-based Valaris Limited, the offshore drilling services company, has been awarded a contract with Petrobras offshore Brazil for the drillship Valaris DS-4.
The company said that the contract is for a minimum term of 548 days, and it is anticipa...
DATE: Oct 21, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
Bermuda’s regulators “get it” when it comes to understanding the future of digital technologies and specifically fintech opportunities.
This was the view of Appleby partner Jerome Wilson during the opening day of the virtual Bermuda Tech Summit, host...
DATE: Oct 14, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
A majority of companies do not have a handle on their third-party cyber risks, which are obscured by the complexity of their business relationships and vendor/supplier networks, a global survey by the professional services firm PwC has revealed.
The ...
DATE: Oct 14, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
The Government expects that Bermuda will emerge as a capital for climate-risk finance and a hub for climate-tech innovation.
Curtis Dickinson, the Minister of Finance, said: “Over time, we are confident that this new sector will emerge as a pillar of...
DATE: Oct 13, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff