3146 results returned for search: "" category "International Business"
Cinturion Corp Ltd, the Bermudian-registered global provider of scalable, subsea and terrestrial capacity-based network solutions, has reached an agreement with Lightstorm Telecom Ventures Pvt Ltd as its landing partner in India.
As part of the agree...
DATE: May 16, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
A Bermudian-based company, prominent on the international stage, has joined forces with the island’s Olympic Games gold medalist.
Apex Group Ltd, the global financial services provider, has become a sponsor and sustainability partner to world champio...
DATE: May 13, 2022
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
The “regulatory sandbox” used by Bermuda’s financial services supervisors is proving to be a hit in the fintech industry.
There are currently 14 companies with such licenses, including four with test licenses, according to Jason Hayward, the Minister...
DATE: May 13, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Paysafe Limited, the Bermudian-incorporated specialised payments platform, has reported a net loss for the first quarter of $1.2 billion.
The company said that due to a sustained decline in Paysafe’s stock price and market capitalisation, as well as ...
DATE: May 13, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Teekay Tankers Ltd, the Bermudian-based owner and operator of mid-sized crude oil tankers, has reported a net loss of $13.9 million in the first quarter.
That compares with a loss of $39.8 million in the fourth quarter of 2021, and a loss of $21.4 mi...
DATE: May 13, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based SFL Corporation Ltd, the ship-owning company, has reported a net profit of $47 million in the first quarter.
Other preliminary results include operating revenue of approximately $152.4 million.
The company said it had received charter...
DATE: May 12, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Flex LNG Ltd, the Bermudian-based liquefied natural gas shipping company, has reported net income of $55.8 million for the first quarter compared with net income of $69.4 million for the fourth quarter of 2021.
Vessel operating revenue was $74.6 mill...
DATE: May 11, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermuda Business Development Agency’s New York City executive forum is today at One Liberty Plaza.
The Bermuda Executive Forum activities at Convene, in the heart of the city’s financial district, began with a blue-chip breakout session entitled ‘Cli...
DATE: May 11, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based crude oil tanker company DHT Holdings Inc had a net loss in the first quarter of $17.3 million compared with a profit in the first quarter of 2021 of $11.6 million.
The company said the decrease was mainly due to lower tanker rates.
D...
DATE: May 11, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermuda could join other countries as a signatory to a global understanding of privacy, allowing for personal information to flow freely between jurisdictions.
Alexander White, the island’s privacy commissioner has already expressed Bermuda’s interes...
DATE: May 10, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff