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Carnival Holdings (Bermuda) Limited, a subsidiary of Carnival Corporation & plc, has begun a private offering of $1.25 billion of senior priority notes due in 2028. The notes will be fully and unconditionally guaranteed on an unsecured basis, jointly...

Apex Group Ltd, the Bermudian-based global financial services provider, has supported the launch of the not-for-profit Apex Foundation with a “considerable cornerstone donation” from company founder and CEO Peter Hughes. The donation by Mr Hughes is ...

The Supreme Court of Bermuda has granted winding-up orders in respect of island-based Genting Hong Kong Limited and its indirect, non-wholly owned subsidiary Dream Cruises Holding Limited. The orders were made in accordance with Section 161 of the Co...

Seven Bermuda College students awarded 2022 Athene Scholarships for this fall, were acknowledged at a reception held by Athene Holding Ltd and subsidiary Athene Life Re Ltd. The Athene Scholarship covers full costs of each student’s associate degree ...

Cryptocurrency exchange Bittrex Global, billed as the most secure digital asset exchange in the world, has taken steps to distance itself from an American company that has run afoul of US law. The company made it clear that it has no connection to th...

Asset managers globally are expected to increase their ESG-related assets under management to $33.9 trillion by 2026, up 84 per cent from $18.4 trillion in 2021, a new report by professional services firm PwC reveals. ESG assets are on pace to consti...

Fresh off an overseas business development mission in Toronto, the Bermuda Business Development Agency is back on the road to Egypt this autumn, but first to Singapore in the days ahead to meet with strategic partners in the Asia and Pacific region. ...

Companies are increasing budgeted resources to deal with cyberattacks, according to a new survey. And executives believe there needs to be a uniformed, consistent and compulsory disclosure of cyber incidents, from which governments can learn how to c...

The Cayman Islands Economics and Statistics Office has estimated an unemployment rate of just 3 per cent in the first half of this year as the holiday destination reopened for tourism, the Cayman Compass has reported. The drop in unemployment for Cay...

Global financial services provider Apex Group Ltd announced the expansion of its global compliance solutions designed for US investment advisers. This follows the Apex launch of the service in the Singapore market with compliance services now offered...