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Stonepeak, the New York-headquartered alternative investment firm, is to acquire Bermuda-based Teekay LNG Partners LP in a $6.2 billion transaction. Under the agreement and plan of merger entered into by the parties, investment vehicles managed by St...

PwC, the network of professional services firms in 155 countries, has announced a new strategy and commitment to invest in digital, diversity and ESG with a $12-billion investment over the next five years. It will create more than 100,000 new jobs g...

A UK-based biotechnology company that plans to redomicile to Bermuda has reported a loss of £12.59 million for the six-month period ending June 30. Tiziana Life Sciences plc said that compares with a loss of £3.9 million for the same period a year ag...

Leaders of the global and local technology communities are to be among the panellists and speakers at the Bermuda Virtual Tech Summit 2021. The October 13-15 event will kick off with a conversation between Forbes associate editor Michael del Castillo...

HSCM Bermuda is among the investors in a $60 million Series B funding round for Buckle Corp, the US-based inclusive tech-enabled financial services company. In addition to the $60 million in Series B financing, Buckle said HSCM Bermuda expanded the c...

Bermuda-based Avance Gas Holding Ltd has entered into three time charter agreements. The company, which is engaged in the transportation of liquefied petroleum gas, said the agreements are for a period of two years at an average hire level of approxi...

Diamond coins issued in an offering regulated by the Bermuda Monetary Authority have increased in value dramatically since their $25 million IPO in March. About 5,000 Diamond Standard Coins were sold in the IPO for $5,000 each. The coins are now valu...

Financial services firms will get a competitive lead from legal changes, MPs have been told. The changes tabled by Curtis Dickinson, the finance minister, amended 2019 legislation to clarify that an incorporated segregated account qualified as a comp...

Bermuda-based Höegh LNG Partners LP has agreed to charter the Höegh Gallant for a period of ten years. The floating liquefied natural gas service provider said the charter with a subsidiary of New Fortress Energy Inc is planned to begin during the fo...

The Bermuda Stock Exchange has begun to publish MIAX Pearl Equities market data for ten actively traded US companies to the Pyth Network, a decentralised financial market data distribution platform. The Pyth Network, announced by Jump Trading Group i...