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Bermuda-based SFL Corporation Ltd, one of the world’s largest ship-owning companies, has reported net profit of $33.2 million in the third quarter as it announced preliminary financial results for the three months ended September 30. The company repo...

Bermuda-based Apex Group Ltd, the global financial services provider, has been appointed to provide fund administration services to private equity firm Revelstoke Capital. Apex said that Revelstoke is building industry-leading companies in healthcare...

Miami International Holdings Inc, owners of the Bermuda Stock Exchange, are among the lead investors in an oversubscribed $4.1 million seed round of New York-based Options AI, which calls itself a unique brokerage platform putting option spreads in t...

Bermuda-based Textainer Group Holdings Limited, one of the world's largest lessors of intermodal containers, has reported net income of $64.7 million for the third quarter. That compares with net income of $73.8 million in the second quarter of the y...

Bermuda-based Athene Holding Ltd and New York-headquartered Apollo Global Management Inc have called special general meetings of shareholders to approve the previously announced proposed merger of the two organisations. Apollo shareholders are to mee...

Borr Drilling Limited, the Bermuda-based oilfield services company, has announced a net loss of $32.6 million for the third quarter. The company said its preliminary unaudited results for the quarter are an improvement of $27.3 million compared to th...

Executive lounges in the LF Wade International Airport’s departures area have officially opened, Bermuda Skyport announced. TAV Operation Services Ltd and Graycliff Divans Bermuda Ltd have formed a joint venture – TAV-GD Operation Services Ltd – to o...

American fintech company AlphaPoint has announced its membership in the Bermuda Monetary Authority’s Innovation Hub. The innovation track was established by the BMA to operate as a platform for exchanging ideas and information around the digital tran...

(BLOOMBERG) – Credit Suisse Group AG lost a court fight in Bermuda to keep the lid on confidential reports about a deceased rogue-banker convicted of defrauding his rich clients including a billionaire former Georgian prime minister. The Bermuda Supr...

Bermuda-based drinks giant Bacardi Limited has announced that this holiday season, its range of gift packs will contain 50 per cent less plastic than last year. The largest privately held spirits company in the world said it is removing 147 tons of s...