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Ensuring there is a capabilities fit between buyer and target is key to delivering a high-performing deal, according to a new study of 800 corporate acquisitions by the professional services firm PwC. The study finds that capabilities-driven deals ge...

Apex Group Ltd, the Bermuda-based global financial services provider, has become the official sustainability partner of Cricket West Indies and the shirt sponsor for the West Indies men’s team for the T20 World Cup. Apex said that the partnership is ...

Bermuda-based Valaris Limited, the offshore drilling services company, has been awarded a contract with Petrobras offshore Brazil for the drillship Valaris DS-4. The company said that the contract is for a minimum term of 548 days, and it is anticipa...

Bermuda’s regulators “get it” when it comes to understanding the future of digital technologies and specifically fintech opportunities. This was the view of Appleby partner Jerome Wilson during the opening day of the virtual Bermuda Tech Summit, host...

A majority of companies do not have a handle on their third-party cyber risks, which are obscured by the complexity of their business relationships and vendor/supplier networks, a global survey by the professional services firm PwC has revealed. The ...

The Government expects that Bermuda will emerge as a capital for climate-risk finance and a hub for climate-tech innovation. Curtis Dickinson, the Minister of Finance, said: “Over time, we are confident that this new sector will emerge as a pillar of...

Bermudian-based Signet Jewelers Limited, the world’s largest retailer of diamond jewellery, has agreed to acquire Diamonds Direct USA Inc in a $490 million deal. Signet said that Diamonds Direct is an off-mall, destination jeweller in the United Stat...

Moody's Investors Service has revised the Bermuda-incorporated Weatherford International Ltd’s rating outlook from negative to stable and assigned a B3 rating to the company’s proposed $1.5 billion senior unsecured notes due in 2030. At the same time...

There is an appeal from local and international business leaders encouraging residents to take protective measures against Covid-19. The statement said: “The local and international business communities strongly encourage everyone in Bermuda to activ...