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Bermudian-based Global Cloud Xchange, the submarine cable network owner/operator, has reported cash revenue growth of 6.6 per cent for the fiscal year ending March 31. GCX said the revenue of $271.2 million was led by strong recurring revenue and ind...

Bermudian-based Apex Group Ltd has entered the German market with the acquisition of fund administrator mola-administration GmbH. The global financial services provider, which was set up on the island in 2003, said the strategic acquisition establish...

Athene Holding Ltd has led a minority investment in Challenger Ltd, an Australian investment management firm. The Bermudian-based financial services company said that, along with its strategic partner, Apollo Global Management, it has agreed to acqui...

Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a 16-well contract with Woodside offshore Australia for the semi-submersible, Valaris DPS-1. The company said the contract is expected to commence late in the first ...

Jennifer Collier-Souza has been appointed Chief Financial Officer for SiriusPoint Bermuda Insurance Company Ltd., a unit of the International specialty insurer and reinsurer, SiriusPoint Ltd. Ms Collier-Souza will work with the Global Chief Financia...

International law firm Carey Olsen is a finalist in three categories at the 2021/22 Society of Trust and Estate Practitioners Private Client Awards. The firm said it has been shortlisted for International Legal Team of the Year, Contentious Trusts an...

Bermuda is among 130 jurisdictions to agree to the outline of a two-pillar plan to overhaul the global tax system. But the island has made known its concerns over the timeline for the project and about “technical and practical” aspects of the plans, ...

The Bermuda Stock Exchange is to join the Pyth Network, a decentralised financial market data distribution platform. The BSX said it has subscribed to and will receive real-time market data from the MIAX Pearl Equities Exchange and plans to provide m...

Borr Drilling Ltd has confirmed its intention to cure a non-compliance notice from the New York Stock Exchange. The Bermudian-based oilfield services company said it has received written notice from the NYSE that the company is not in compliance with...

Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a 200-day extension to its bareboat charter agreement with ARO Drilling. The company said the agreement is for Valaris JU-250 (Bob Palmer), a heavy-duty ultra-harsh ...