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Nabors Industries Ltd, the Bermudian-based energy driller, has reported that its third-quarter operating revenues jumped by 10 per cent and the company cut its quarterly loss to $14 million in the period. Nabors said operating revenues were $694 mil...

Carnival Holdings (Bermuda) Limited, a subsidiary of Carnival Corporation & plc, has closed its private offering of $2.03 billion of senior priority notes due in 2028. The company said it expected to initially use the net proceeds of the offering to ...

A Dutch fintech firm with global ambitions is proposing to set up a top holding company in Bermuda. Netherlands-based Flow Traders NV is a global financial technology-enabled liquidity provider in financial products, historically specialised in excha...

Seadrill Ltd, the Bermudian-based offshore drilling company, has entered into binding share purchase agreements under which it will sell its entire 35 per cent shareholding in Paratus Energy Services Limited -- formerly Seadrill New Finance Ltd -- an...

24 Exchange, the multi-asset class trading platform, has joined the partner network of Talos, the provider of institutional digital asset trading technology. Through the addition of 24 Exchange, Talos users can access liquidity found on the 24 Exchan...

The Bermuda Monetary Authority is seeking feedback from stakeholders on the proposed amendments to the Digital Asset Business Act 2018: Code of Practice and Digital Asset Business (Client Disclosure) Amendment Rules 2022. It is in relation to an init...

The joint provisional liquidators of a Bermudian-based tourism group have provided an update on the organisation’s business operations. Bermudian-based Alex Whittaker, of R&H Services Limited in Hamilton, as well as Edward Middleton and Tiffany Wong,...

Carnival Holdings (Bermuda) Limited, a subsidiary of Carnival Corporation & plc, has begun a private offering of $1.25 billion of senior priority notes due in 2028. The notes will be fully and unconditionally guaranteed on an unsecured basis, jointly...

Apex Group Ltd, the Bermudian-based global financial services provider, has supported the launch of the not-for-profit Apex Foundation with a “considerable cornerstone donation” from company founder and CEO Peter Hughes. The donation by Mr Hughes is ...

The Supreme Court of Bermuda has granted winding-up orders in respect of island-based Genting Hong Kong Limited and its indirect, non-wholly owned subsidiary Dream Cruises Holding Limited. The orders were made in accordance with Section 161 of the Co...