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Global drinks giant Bacardi is to recruit thousands of new “workers” at its Bermuda HQ — and they will all be as busy as ... bees. For the firm has set up eight beehives at the side of its landmark offices in Hamilton with beekeepers Wild Island Farm...

Bermuda-based drinks giant Bacardi has brought more jobs to Bermuda as the firm expands its portfolio, the company’s regional president for Latin America and the Caribbean said. Ignacio del Valle, in Bermuda to help launch two new premium rums, said ...

IT firm Fireminds has won a multimillion dollar investment from the majority shareholder in telecoms company One Communications. The massive cash injection from US-based ATN International will allow the tech firm to expand into new markets — and prov...

Bermuda-based investment fund Thema is to fork out $130 million to repay victims of US fraudster Bernie Madoff. Thema was among many feeder funds that directed cash to Madoff’s New York-based investment advisory business, often without their clients’...

Bermuda is ahead of the game on cybersecurity compared to Caribbean countries — but only slightly. A multi-regional survey by professional services firm KPMG found that the island was “slightly more prepared” against cyberattacks, with 15 per cent of...

A Bermudian has become the head of Florida’s third biggest credit union. Timothy Antonition is the new president and chief executive officer of Space Coast Credit Union, which has $3 billion in assets. Mr Antonition, already identified as the next CE...

A batch of Bacardi-owned Bombay Sapphire gin has been recalled in Canada after it was found to have nearly double the alcohol content listed on the bottle. Up to 6,000 bottles of the gin, famous for its distinctive blue bottle, are thought to have be...

Financial services firm LOM made profits of more than $553,000 last year. The firm’s annual report said its net income increased 291 per cent on the previous year’s $141,528. The report said the firm had won new clients over the year ended last Decem...

Most major financial companies plan to increase partnerships with technology specialists over the next few years, a new report has revealed. Professional services firm PwC found that 82 per cent of global banks, insurers and investment managers expec...

Island-based Bacardi has won a place on a list of the most reputable companies in the world. The company rose eight places to 84th in the annual Global Rep Trak 100 ratings from the Reputation Institute — the fifth consecutive time family-owned Bacar...