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Aanika Biosciences, an emerging American biotech company using microbial-based technologies to protect the safety and security of our food system, has been accepted into the Bermuda Monetary Authority’s Innovation Hub. The company said the programme ...

Rego Sotheby’s International Realty has announced that the Sotheby’s International Realty global network achieved a record $204 billion in 2021 global sales volume. That was a 36 per cent increase in sales growth year-over-year, as US cities saw a re...

Bacardi, the drinks giant based in Bermuda, has achieved the internationally recognised “Great Place to Work” certification at its 23 production sites across ten countries worldwide. The company’s global operations team of almost 4,000 employees prai...

On the same day that it emerged from a chapter 11 bankruptcy process, Bermudian-based offshore drilling company Seadrill Limited has reported a net profit of $18 million in the second half of 2021. That compares with a $605 million loss in the first ...

Bermudian-based energy outfit Höegh LNG Partners LP has reported net income of $16.2 million in the fourth quarter of 2021. That compares with net income of $18.5 million in the fourth quarter of 2020. The floating liquefied natural gas service provi...

Against the backdrop of the threat of war in Ukraine, Bermuda’s financial services regulator adds three Russian nationals and five banks to a sanctions list on its website

Eric Andersen, the president of Aon, will deliver a keynote address at the inaugural Bermuda Risk Summit next month. The March 14 to 16 event, presented by the Bermuda Business Development Agency, is the first major, in-person risk event on the islan...

Seadrill Limited, the offshore drilling company based in Bermuda, has announced that it anticipates soon emerging from chapter 11 bankruptcy, possibly as early as this week. Seadrill's chapter 11 plan of reorganisation was confirmed by the US Bankrup...

Valaris Limited has reported an operating loss of $24.7 million in the fourth quarter of 2021. The Bermudian-based offshore drilling company said the results compared with operating income of $3.1 million in the third quarter of the year. Valaris sai...

Bermudian-based Avance Gas Holding Ltd has reported a net profit of $32.1 million in fiscal year 2021. That figure compares to a net profit of $70.9 million in 2020. The company, which is engaged in the transportation of liquefied petroleum gas, had ...