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Tom Albright is stepping down from his role as chief executive officer of Bermudian-based cryptocurrency exchange Bittrex Global (Bermuda) Ltd and Bittrex Global GmbH of Liechtenstein effective today, the boards of directors of the two companies have...

A joint venture involving Bermudian-based offshore drilling outfit Seadrill Ltd has secured a contract for a project in Angola. The company said the contract has been secured by Sonadrill Holding Ltd, the 50:50 joint venture with an affiliate of Sona...

Bermudian-based SFL Corporation Ltd, one of the world’s largest ship-owning outfits, has reported profit of $31.5 million in the first quarter. SFL reported operating revenue of approximately $109.1 million. The company received charter hire of appro...

Another 50 laptops have been given to students through Lighthouse Connect, an educational fund launched by Legal & General Reinsurance. And it is urging businesses and individuals to join its effort to provide a free laptop to each of Bermuda’s publi...

The Bermuda Stock Exchange has joined the United Nations Sustainable Stock Exchanges initiative as a partner exchange. The BSX said the SSE initiative is a peer-to-peer learning platform for exploring how exchanges, in collaboration with investors, r...

Bermudian-based Maiden Holdings Ltd has reported first quarter net income of $71.7 million, or 83 cents per common share. That compares to a profit of $20.9 million in the first quarter of 2020. LawrenceMetz, president and co-chief executive officer ...

Digicel is partnering with World Central Kitchen to tackle food insecurity in St Vincent & the Grenadines. Since the La Soufrière volcano in St Vincent began erupting on April 9, 30,000 people have been displaced, causing a humanitarian crisis. WCK, ...

Textainer Group Holdings Ltd has reported a profit of $62.1 million, or $1.22 per common share, for the first quarter. That compares to net income of $44.3 million, or 87 cents per share, in the fourth quarter of 2020. The Bermudian-headquartered com...

A team from Appleby acted as Cayman Islands and Bermuda legal counsel to global semiconductor company Marvell Technology Inc, on a corporate restructuring in connection with its $10 billion acquisition of Inphi Corporation, a leader in high-speed dat...

Bermudian-based drinks giant Bacardi Ltd has donated $100,000 to Give India to help the country in its fight against Covid-19. The company said the funding is earmarked to provide immediate assistance to local relief agencies working to mitigate the ...