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International law firm Appleby has won a top prize at the annual Citywealth IFC Awards in London. The firm, which has offices in ten jurisdictions including Bermuda, was named law firm of the year in the litigation category. It finished runner-up for...

Global drinks giant Bacardi is to recruit thousands of new “workers” at its Bermuda HQ — and they will all be as busy as ... bees. For the firm has set up eight beehives at the side of its landmark offices in Hamilton with beekeepers Wild Island Farm...

Senior lawyer Michael Frith has joined the corporate practice of law firm Carey Olsen Bermuda. The firm said Mr Frith is a well-known figure in the offshore legal marketplace. He specialises in all aspects of Bermuda corporate law, with a particular ...

Eleanor Fisher and Tammy Fu have joined professional services firm, EY, in the region of the Bahamas, Bermuda, British Virgin Islands and Cayman Islands, the company announced. Ms Fisher has joined as partner, and Ms Fu as associate partner, from a ...

Colin Targett has been appointed managing director of the Bermuda and Cayman Islands offices of global investor services group IQ-EQ. The company says the strategic new hire follows other senior appointments announced in recent months evidencing the ...

International co-operation on tax transparency has identified about $113 billion in additional tax revenues over the past decade, says the Organisation for Economic Co-operation and Development. A report on the tenth anniversary of the founding of th...

European Union plans to require large multinational companies to publicly reveal their profits and tax liabilities in each member state have stalled. Twelve countries, including Luxembourg, Malta and Ireland, opposed the transparency measure at a mee...

There is continuing upward momentum in spot trading rates in the tanker market, according to Bermudian-based Nordic American Tankers. In addition, new rules by the International Maritime Organisation that come into force in January, and oil exports f...

An international effort aimed at establishing a global minimum rate of taxation for multinational companies is nearing the end of its consultation phase. The Organisation for Economic Co-operation and Development’s Pillar Two proposal is intended to ...

Bermudian-based Bacardi Ltd says it has acquired substantially all of the assets of Stillhouse, a US-based industry disrupter. Bacardi, the largest privately-held spirits company in the world, made an initial investment in Stillhouse in 2014 and has ...