3259 results returned for search: "" category ("International Business" AND "Business")
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
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CATEGORY:
International Business
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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
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The Bermuda-based Aeolus Keystone fund, which specialises in property catastrophe insurance coverage, is about to lose a key client as a result of Monday’s vote of the Arkansas Teacher Retirement System's trustees.
After advice from a consultant, the...
DATE: Oct 22, 2021
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
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
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Financial institutions need to get serious about cryptocurrencies, a technology expert said today.
Stephen Stonberg is the CEO of Bittrex Global, one of the world’s largest blockchain digital-asset trading platforms.
He was a keynote speaker at the B...
DATE: Oct 14, 2021
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
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
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CATEGORY:
International Business
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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
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CATEGORY:
International Business
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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
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based Signet Jewelers Limited, the world’s largest retailer of diamond jewellery, has agreed to acquire Diamonds Direct USA Inc in a $490 million deal.
Signet said that Diamonds Direct is an off-mall, destination jeweller in the United Stat...
DATE: Oct 13, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Moody's Investors Service has revised the Bermuda-incorporated Weatherford International Ltd’s rating outlook from negative to stable and assigned a B3 rating to the company’s proposed $1.5 billion senior unsecured notes due in 2030.
At the same time...
DATE: Oct 12, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff