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International Business professionals have launched the Association for Corporate Racial Equity (ACRE) in response to “the historic and present under-representation of Black Bermudians in International Business”. On Wednesday morning ACRE will host a ...

Sveinung Støhle is to step down as chief executive officer of Bermuda-based Höegh LNG Partners LP after 16 years with the company. The floating liquefied natural gas service provider said that Mr Støhle will remain in his position until November 1. H...

The world’s first fully automated land drilling rig has completed its first well, according to Nabors Industries Ltd, the company with its principal executive office in Hamilton. The global oil and gas drilling contractor said that its PACE-R801 rig ...

Helen of Troy, the global consumer products company with principal executive offices in Hamilton, is raising its fiscal-year outlook based on better-than-expected second-quarter results and positive trends in the beauty and housewares businesses, tog...

HSCM Ventures is the lead investor in a $4.5-million seed round by Insurate, the data science-based underwriter. Insurate said that it provides fair and transparent workers' compensation solutions to high-hazard small/mid-market companies. HSCM Ventu...

Bermuda-based fintech operation 24 Exchange has filed key portions of a Form 1 application in draft form with the US Securities and Exchange Commission for a licence to operate a national securities exchange. 24 Exchange, the only global platform off...

Stonepeak, the New York-headquartered alternative investment firm, is to acquire Bermuda-based Teekay LNG Partners LP in a $6.2 billion transaction. Under the agreement and plan of merger entered into by the parties, investment vehicles managed by St...

A UK-based biotechnology company that plans to redomicile to Bermuda has reported a loss of £12.59 million for the six-month period ending June 30. Tiziana Life Sciences plc said that compares with a loss of £3.9 million for the same period a year ag...

HSCM Bermuda is among the investors in a $60 million Series B funding round for Buckle Corp, the US-based inclusive tech-enabled financial services company. In addition to the $60 million in Series B financing, Buckle said HSCM Bermuda expanded the c...

Bermuda-based Avance Gas Holding Ltd has entered into three time charter agreements. The company, which is engaged in the transportation of liquefied petroleum gas, said the agreements are for a period of two years at an average hire level of approxi...