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Seadrill Limited, the offshore drilling company based in Bermuda, has entered into a binding share purchase agreement with subsidiaries of ADES Arabia Holding Ltd to sell the legal entities that own and operate seven jack-ups in Saudi Arabia in a dea...

The RG/BSX Index fell 0.16 points (0.01 per cent) to 2,401.12 for the day, nudged lower by West Hamilton Holdings Ltd closing down ten cents (1.7 per cent) at $5.90 on trading of 1,000 shares. There were no other trades on the Bermuda Stock Exchange....

BMS, the independent specialist re/insurance broker with an operation in Bermuda, has appointed Nick Gillett CEO of BMS International. He is anticipated to start in January 2023 as the business accelerates its global strategy and invests in further i...

Bermudian-based Global Cloud Xchange has announced the completion of 3i Infrastructure plc’s $512 million investment to acquire a 100 per cent stake in GCX. GCX is a global data communications service provider and owner of the world’s largest private...

Axis Capital Holdings Limited has promoted Dan Draper to the role of group chief underwriting officer. Mr Draper, who is based in London and had previously served as group head of underwriting, will report to president and CEO Albert Benchimol and jo...

On the eve of its centennial, Cambridge Beaches Hotel has opened the Sunken Harbor Club, the Bermuda version of the renowned New York City cocktail bar with the same name. The dockside tavern and tropical cocktail bar overlooking Mangrove Bay will fe...

A pioneering business that debuted at Harbour Nights has found a permanent home in Hamilton. Uplift Dispensary, which sells cannabidiol and hemp-derived products and experiences, opened officially on Friday on Burnaby Street. The business is co-owned...

A billionaire Georgian is hoping to win the third of a trio of court cases he brought against units of Credit Suisse bank, after victory in a Bermuda court and defeat in New Zealand. Bidzina Ivanishvili is suing CS Trust (Singapore) Ltd for at least ...

Ocorian, the corporate and fiduciary services, fund administration and capital markets provider, has reported a significant increase in the number of captives it supports, with its Bermuda offices delivering particularly strong growth. Sherman Taylor...

Cruise ship passengers to Bermuda are about to enjoy high-quality internet services on Royal Caribbean Cruise Line vessels, through Starlink. Royal Caribbean has announced it will implement SpaceX’s Starlink fleetwide — making the group the first in ...