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Bermuda-registered Nabors Industries Ltd has reported a third-quarter net loss of $115.7 million, an improvement over the comparative three months of 2020 when it lost nearly $147 million. But it means that Nabors has lost more than $434 million in t...

Bermuda-based investment company Ocean Wilsons Holdings Ltd has changed auditors, it announced today through the Bermuda Stock Exchange. Ocean Wilsons, which is based in Bermuda but owns one of the leading marine and ports operating companies in Braz...

Ensuring there is a capabilities fit between buyer and target is key to delivering a high-performing deal, according to a new study of 800 corporate acquisitions by the professional services firm PwC. The study finds that capabilities-driven deals ge...

Apex Group Ltd, the Bermuda-based global financial services provider, has become the official sustainability partner of Cricket West Indies and the shirt sponsor for the West Indies men’s team for the T20 World Cup. Apex said that the partnership is ...

The Bermuda-based Aeolus Keystone fund, which specialises in property catastrophe insurance coverage, is about to lose a key client as a result of Monday’s vote of the Arkansas Teacher Retirement System's trustees. After advice from a consultant, the...

Bermuda-based Valaris Limited, the offshore drilling services company, has been awarded a contract with Petrobras offshore Brazil for the drillship Valaris DS-4. The company said that the contract is for a minimum term of 548 days, and it is anticipa...

Financial institutions need to get serious about cryptocurrencies, a technology expert said today. Stephen Stonberg is the CEO of Bittrex Global, one of the world’s largest blockchain digital-asset trading platforms. He was a keynote speaker at the B...

Bermuda’s regulators “get it” when it comes to understanding the future of digital technologies and specifically fintech opportunities. This was the view of Appleby partner Jerome Wilson during the opening day of the virtual Bermuda Tech Summit, host...

A majority of companies do not have a handle on their third-party cyber risks, which are obscured by the complexity of their business relationships and vendor/supplier networks, a global survey by the professional services firm PwC has revealed. The ...