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Bermuda is ahead of the game on cybersecurity compared to Caribbean countries — but only slightly. A multi-regional survey by professional services firm KPMG found that the island was “slightly more prepared” against cyberattacks, with 15 per cent of...

Nordic American Tankers is experiencing lower daily charter rates for its fleet of 30 Suezmax tankers during this quarter than it did in the first three months of the year. However, Herbjørn Hansson, chief executive officer, said the rates remain wel...

A Bermudian has become the head of Florida’s third biggest credit union. Timothy Antonition is the new president and chief executive officer of Space Coast Credit Union, which has $3 billion in assets. Mr Antonition, already identified as the next CE...

Senior corporate leaders praise Bermuda’s world-class talent, innovation, respected regulation, and ease of doing global business from the island in a new testimonial campaign video released by Bermuda Business Development Agency (BDA) today. Brian D...

Bermudian-based oil tanker operator Frontline Ltd is continuing to grow its fleet after profits plunged in the first quarter. The company announced net income of $27 million for the first three months of the year and a cash dividend of 15 cents per s...

NEW YORK (Bloomberg) – Bermuda Premier Michael Dunkley said the island will be able to attract businesses even as US President Donald Trump plans to reduce tax rates to help keep companies onshore. “One of the things that I find very comforting about...

Billionaire Michael Bloomberg told a gathering of senior US business leaders yesterday that Bermuda plays a special role in the global economy. The three-term former New York mayor and founder of Bloomberg LP made the comment at an invitation-only fo...

The Bermuda Business Development Agency is to co-host a special live media event at Bloomberg headquarters in New York City next week featuring billionaire former New York mayor and part-time Bermuda resident Michael Bloomberg. The meeting will bring...

A batch of Bacardi-owned Bombay Sapphire gin has been recalled in Canada after it was found to have nearly double the alcohol content listed on the bottle. Up to 6,000 bottles of the gin, famous for its distinctive blue bottle, are thought to have be...

Island-based oil tanker operator Nordic American Tankers Ltd this morning reported a first-quarter loss of $3.4 million, after reporting a profit in the same period a year earlier. On a per-share basis, the company said it had a loss of 3 cents. Loss...