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For the first time since 2019, representatives of the Bermuda Business Development Agency will travel to Toronto this week to promote the island’s business development opportunities with strategic partners in Canada. David Hart, BDA CEO, and Stephen ...

Leila Stansfield is to lead Bacardi’s global travel retail business, effective January 2023, when she will become the first female lead for the division. She will succeed current managing director, Vinay Golikeri, who moves out of global travel retai...

Apex Group Ltd, the Bermudian-based global financial services provider, has expanded its North American presence with the acquisition of Prometa Fund Support Services Inc, a Manitoba-based provider of fund services. Prometa delivers fund services to ...

Asia Pacific Wire & Cable Corporation Limited, a holding company incorporated in Bermuda with principal executive offices in Taiwan, has reported a net loss attributable to APWC shareholders of $300,000 for the first half of 2022. That compares to a ...

Brexit continues to be a drag on the UK economy, and so are other external shocks, such as the pandemic, inflation and the war in Ukraine. These were reasons given by KBRA’s Ken Egan, lead analyst on the UK credit rating, as he highlighted the main f...

Miami-based fintech company Inveniam Capital Partners Inc has announced a strategic partnership with Bermudian-based Apex Group Ltd, the global financial services provider, to offer Valuation as a Service to clients worldwide. Through the partnership...

Bermuda’s e-Link Commuting Co Ltd has entered into a new agreement with a perennial America’s Cup campaigner and his company, Bieker Boats, in the development of a new class of waterway vessels powered entirely by sustainable energy. Previously annou...

Seadrill Limited, the offshore drilling company based in Bermuda, has entered into a binding share purchase agreement with subsidiaries of ADES Arabia Holding Ltd to sell the legal entities that own and operate seven jack-ups in Saudi Arabia in a dea...

Bermudian-based Global Cloud Xchange has announced the completion of 3i Infrastructure plc’s $512 million investment to acquire a 100 per cent stake in GCX. GCX is a global data communications service provider and owner of the world’s largest private...

A billionaire Georgian is hoping to win the third of a trio of court cases he brought against units of Credit Suisse bank, after victory in a Bermuda court and defeat in New Zealand. Bidzina Ivanishvili is suing CS Trust (Singapore) Ltd for at least ...