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PwC in the Caribbean and the PwC Charitable Foundation have collectively donated $100,000 to disaster relief and recovery efforts in St Vincent and the Grenadines. On 9 April, the La Soufriere volcano erupted, sending ash and gas plumes miles into th...

Business and political leaders in Bermuda have reacted to US President Joe Biden labelling the island a tax haven, and appearing to have the island in the “crosshairs” of US tax reform. They have highlighted the support the island's international bus...

Professional services firm PwC Bermuda has released its Environmental, Social and Governance Highlights 2020 report. The report notes PwC’s progress against ESG indicators and its commitments to continue improving its ESG performance. In the environm...

Bermudian-based Triton International Ltd, the world’s largest lessor of intermodal freight containers, has reported net income attributable to common shareholders for the three months ended March 31 of $129.3 million, or $1.92 per diluted share. Adju...

LOM Financial Ltd achieved a 282 per cent rise in profit last year, to $4.83 million, driven by increased revenue from broking fees and gains on securities. The company’s assets under administration rose from $1.2 billion at the beginning of 2020, to...

Bermudian-based drinks giant Bacardi Ltd has promoted Kerry Carr to the company’s global leadership team. In her expanded role as SVP, global performance management, Bacardi said Ms Carr adds revenue growth management and Bacardi Enterprise Services ...

Veteran insurance executive Ying Teoh has been appointed to the position of global head of customer proposition, HSBC Life and Insurance Partnerships. HSBC Life is the HSBC Group’s insurance business. In her new position, she will lead HSBC Life’s Be...

Bermuda’s business and community leaders have lauded the Bermuda Government’s climate initiative for emphasising environmental responsibility while also encouraging sustainable, equitable growth. In a statement issued through the Bermuda Business Dev...

As part of its strategy to foster sustainable, equitable growth in Bermuda, the Bermuda Business Development Agency, led by Government and in collaboration with the private sector, has launched an initiative to establish and promote the jurisdiction ...

Professional-services company Acumen Group has partnered with software firm Blue Bison to offer a state-of-the-art payroll services platform. Bermuda-based Acumen, which processes about 35,000 payslips annually, said it is seeing growing demand from ...