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Bermudian-headquartered Kiniksa Pharmaceuticals Ltd, a biopharmaceutical company with a portfolio of assets designed to modulate immunological pathways across a spectrum of diseases, has reported a net loss for the first quarter of $25.2 million. Tha...

Bermuda expects to be be taken off an international taxation grey list by October after being assured it is now fully compliant with its requirements. The finance ministry announced today that the Organisation for Economic Co-operation and Developmen...

The Bermuda Business Development Agency’s first Bermuda Climate Summit, on May 23 and 24, is being presented in partnership with the Association of Bermuda Insurers and Reinsurers and the ratings agency KBRA. Climate thought leaders have already pack...

Apex Group Ltd, the global financial services provider based in Bermuda, has closed the acquisition of New Zealand-based MMC Group. MMC is the country’s leading provider of investment administration services, Apex said, and includes the wholly owned ...

Offshore drilling services leader Valaris Limited, the Bermuda exempted company, has reported a net loss of $39.8 million in the first quarter 2022 compared with net income of $27.7 million in the fourth quarter 2021. Revenues increased to $318 milli...

Bermudian-based Triton International Limited, the world’s largest lessor of intermodal freight containers, has continued its profitable run. Triton, which posted 2021 net income of $484.5 million, has reported record net income attributable to common...

ATN International Inc, the Massachusetts-based parent company of One Communications and Fireminds, has reported a net loss attributable to ATN stockholders for the first quarter of 2022 of $1 million. That compares with net income attributable to ATN...

The Bermuda Business Development Agency is to travel to New York City next month for its first executive forum in more than two years - a half-day event with senior decision makers. The BDA said its activities on May 11 at Convene, One Liberty Plaza,...

24 Exchange (Bermuda) Ltd has partnered with The Foreign Exchange Clearing House of Hong Kong to offer a clearing and settlement option to crypto cash institutional market participants. The service, available to all 24 Exchange members, provides the ...

Net loss estimates incurred within Ukraine are in the range of $20 million to $30 million, excluding the impact of reinstatement premiums, Bermudian-based Lancashire Holdings Limited has reported. Lancashire added that loss estimates for Ukraine and ...