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Asia Pacific Wire & Cable Corporation Limited, a holding company incorporated in Bermuda with principal executive offices in Taiwan, has reported a net loss attributable to APWC shareholders of $300,000 for the first half of 2022. That compares to a ...

Brexit continues to be a drag on the UK economy, and so are other external shocks, such as the pandemic, inflation and the war in Ukraine. These were reasons given by KBRA’s Ken Egan, lead analyst on the UK credit rating, as he highlighted the main f...

Miami-based fintech company Inveniam Capital Partners Inc has announced a strategic partnership with Bermudian-based Apex Group Ltd, the global financial services provider, to offer Valuation as a Service to clients worldwide. Through the partnership...

Bermuda’s e-Link Commuting Co Ltd has entered into a new agreement with a perennial America’s Cup campaigner and his company, Bieker Boats, in the development of a new class of waterway vessels powered entirely by sustainable energy. Previously annou...

Seadrill Limited, the offshore drilling company based in Bermuda, has entered into a binding share purchase agreement with subsidiaries of ADES Arabia Holding Ltd to sell the legal entities that own and operate seven jack-ups in Saudi Arabia in a dea...

Bermudian-based Global Cloud Xchange has announced the completion of 3i Infrastructure plc’s $512 million investment to acquire a 100 per cent stake in GCX. GCX is a global data communications service provider and owner of the world’s largest private...

A billionaire Georgian is hoping to win the third of a trio of court cases he brought against units of Credit Suisse bank, after victory in a Bermuda court and defeat in New Zealand. Bidzina Ivanishvili is suing CS Trust (Singapore) Ltd for at least ...

A member of the Asia Securities Industry & Financial Markets Association has dubbed a Bermuda company the world’s largest independent service provider to financial services. The observation comes as Akshay Thakurdesai was appointed by the Bermuda com...

Chance Barnett, the founder of Bermuda’s new digital bank, Jewel, is one of the major speakers expected at the fourth annual Bermuda Tech Summit next month. He is just one of the senior policymakers, fintech leaders, and international regulators who ...

Bermudian-based Apex Group Ltd, the global financial services provider, has made one acquisition, and closed on a second. Apex has acquired Mainspring, a UK-based provider of venture capital fund administration and accounting services. The organisati...