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Textainer Group Holdings Ltd has reported a profit of $62.1 million, or $1.22 per common share, for the first quarter. That compares to net income of $44.3 million, or 87 cents per share, in the fourth quarter of 2020. The Bermudian-headquartered com...

A team from Appleby acted as Cayman Islands and Bermuda legal counsel to global semiconductor company Marvell Technology Inc, on a corporate restructuring in connection with its $10 billion acquisition of Inphi Corporation, a leader in high-speed dat...

Bermudian-based drinks giant Bacardi Ltd has donated $100,000 to Give India to help the country in its fight against Covid-19. The company said the funding is earmarked to provide immediate assistance to local relief agencies working to mitigate the ...

Algonquin Power & Utilities Corp, the Canadian company whose properties include Belco, has reported revenues of $634.5 million in the first quarter, an increase of 36 per cent year-over-year. The company, which reported in US dollars, said it had adj...

Bermudian-based Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net loss of $8.5 million, or 26 cents per diluted share, for the first quarter. This compares to net income and adjusted earnings of $6...

In 2019, the “underwriting nature” initiative led by Swiss Re culminated in the first ever coral reef insurance policy. The unique policy was facilitated by charity The Nature Conservancy, the Mexican government and partners covering an area of Mexi...

Three independent directors have been elected to the board of Bermudian-based holding company Assured Guaranty Ltd. The company said Michelle McCloskey and Courtney Shea will each serve on the board’s audit and environmental and social responsibility...

Oil tanker company DHT Holdings Inc has reported first quarter after-tax earnings of $11.6 million, or seven cents per share. That compares with a profit of $7.6 million in the prior quarter, and $72.2 million net income for the same period last year...

Bermuda-incorporated Brookfield Renewable Partners LP has described its first quarter results as “strong”. Its funds from operations increased 3 per cent, year-on-year, to $242 million, or 38 cents per unit. However, after deducting depreciation and ...

Seasoned communications professional Stuart Roberts has joined the Bermuda Business Development Agency as the organisation’s director of communications and PR. Mr Roberts joins the BDA from the Bermuda Monetary Authority, where he most recently serve...