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Legislation to advance Bermuda’s efforts to become a digital hub for the interconnection of submarine cables was tabled in the House of Assembly on Friday. Walter Roban, the Minister of Home Affairs, tabled three bills for consultation that he said w...

Appleby Bermuda partner Vanessa Schrum is to give a presentation on asset protection trusts at the 2019 International Tax Planning Association conference in Monte Carlo, October 2 to 4. Ms Schrum’s presentation, “Asset Protection Trusts – The Bermuda...

Estera, a provider of corporate administration, funds and trust services, has appointed Sonal Patel as managing director, head of sales — Americas, Bermuda and Caribbean. Ms Patel will focus on implementing Estera’s regional growth strategy, further...

Government is exploring how Bermuda can issue bonds on a global basis utilising blockchain technology, the Premier has said. In a tweet, David Burt said he met with Radoslav Albrecht, chief executive officer and founder of German fintech company Bitb...

NEW YORK — OxyContin maker Purdue Pharma LP reached a tentative agreement with some plaintiffs to resolve widespread litigation over its alleged role in fuelling the US opioid crisis and plans to tussle with states opposing its settlement offer in ba...

Bermudian-based Frontline Ltd, one of the world’s largest oil tanker operators, is to buy ten newly built Suezmax tankers from commodities trader Trafigura Group. Under the terms of the deal, Trafigura will get between $538 million and $547 million i...

Bermudian-based financial services company LOM Financial Ltd has reported that profits for the first half of 2019 are up year-on-year, despite a slowdown in the growth of the company. LOM’s group profit rose 16 per cent year-on-year to $944,235 or 16...

A move to new offices by Estera Bermuda demonstrates the organisation’s long-term commitment to the island, the company said. Estera, a global provider of funds, corporate and trust services with operations in 11 jurisdictions, has moved into new dig...

Bermudian-based Triton International Ltd, the world’s largest lessor of shipping containers, reported net income of $86.4 million for the second quarter amid uncertainty in the shipping industry caused by trade disputes. The profit was slightly lowe...

American multinational companies repatriated a staggering $231 billion in corporate profits from Bermudian-based affiliates to the United States last year. Changes in US tax law brought in last year slashed the rate of tax on profits brought back to ...