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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 ...

The Government expects that Bermuda will emerge as a capital for climate-risk finance and a hub for climate-tech innovation. Curtis Dickinson, the Minister of Finance, said: “Over time, we are confident that this new sector will emerge as a pillar of...

Bermudian-based Signet Jewelers Limited, the world’s largest retailer of diamond jewellery, has agreed to acquire Diamonds Direct USA Inc in a $490 million deal. Signet said that Diamonds Direct is an off-mall, destination jeweller in the United Stat...

Moody's Investors Service has revised the Bermuda-incorporated Weatherford International Ltd’s rating outlook from negative to stable and assigned a B3 rating to the company’s proposed $1.5 billion senior unsecured notes due in 2030. At the same time...

There is an appeal from local and international business leaders encouraging residents to take protective measures against Covid-19. The statement said: “The local and international business communities strongly encourage everyone in Bermuda to activ...

International Business professionals have launched the Association for Corporate Racial Equity (ACRE) in response to “the historic and present under-representation of Black Bermudians in International Business”. On Wednesday morning ACRE will host a ...

Sveinung Støhle is to step down as chief executive officer of Bermuda-based Höegh LNG Partners LP after 16 years with the company. The floating liquefied natural gas service provider said that Mr Støhle will remain in his position until November 1. H...

The Bermuda registered owner and operator of one of the world's largest land-based drilling rig fleets, is in an Algerian court today (Monday), facing a multimillion-dollar judgment — a ruling against the company that Algeria’s Supreme Court has alre...