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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, ...

EY has announced the progression of two associate partners, Joel Edwards and Robert Crockett, in the region, bringing a boost to its Strategy and Transactions practice. Mr Edwards will focus on the continued buildout of the restructuring practice in ...

Bermudian-founded global financial services provider Apex Group Ltd has been confirmed as the successful bidder in the acquisition of Mainstream Group Holdings Limited. The board of Australian-based Mainstream announced acceptance of Apex’s offer of ...

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 ...

A fintech company that once proposed creating 40 jobs in Bermuda and investing millions of dollars, is the subject of a consumer warning issued by a financial regulator in Britain. The Financial Conduct Authority said no entity in the Binance Group h...

Frontline Ltd, a Bermudian-based oil tanker shipping company, has entered into an agreement to acquire two scrubber-fitted, latest generation ECO-type very large crude carriers. The VLCCs, built in 2019 at Hyundai Heavy Industries shipyard in South K...

A UK- based biotechnology company is to re-domicile to Bermuda. Tiziana Life Sciences plc confirmed that it has re-activated its strategic plan to re-domicile to the island following the company’s annual general meeting held earlier yesterday. The co...

Bermudian-based Circle, the global financial technology firm, has launched a crypto yield and treasury solution for enterprises and corporate treasury leaders, Circle Yield. Regulated by the Bermuda Monetary Authority, the company said this solution ...