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email alerts Business Headlines Feed

Jersey: So like Bermuda, but so different...
I write this week from Jersey, in the Channel Islands. Jersey is a fellow member of the offshore community,

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Prepare in good time for the US tax filing season amid increased scrutiny
While US tax filing season seems far away,

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Yahoo on the upswing thanks to Microsoft partnership potential
Q. I am confused about my Yahoo Inc. shares. What do you think the possibilities are? — P.V., via the Internet A.

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Utilities firms fall
BSX REPORT
Two utilities companies suffered sharp falls on the Bermuda Stock Exchange (BSX) yesterday. Ascendant Group Ltd., the owner of power company Belco, plunged $1,

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The punchbowl metaphor is no longer relevant
Don't expect the year-long rally in risky assets to be undermined any time soon by the Federal Reserve becoming concerned about inflation.

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Friday, October 30, 2009

  • UK minister says territories should broaden their tax base
  • Cox: Diversified taxation would help revenues in downturns
  • Endurance swings to $154m profit
  • McGavick 'mystified' by some rivals' rates
  • Chamber hopeful as US returns to growth
  • Illegal downloaders face being disconnected
  • Stanford receiver chasing $1.5b for jilted investors
  • UK banks received net $257b from offshore centres
  • Madoff accomplice denied bail again
  • Hedge fund manager arrested in fraud probe
  • US serves subpoenas on tax cheat suspects
  • Mortgage approvals highest in 18 months
  • AM Best affirms Hiscox A rating
  • BNTB's busy day

  • Thursday, October 29, 2009

  • XL records $11.4m loss
  • East End retailers hopeful for EEZ boost as cruise ship season ends
  • Butterfield edges $7m profit
  • Aspen posts record profit on low claims and investment boost
  • American Safety posts $5m profit
  • Everest book value tops $100 as profits soar on increased revenue
  • Torus lost $30m in first year — AM Best affirms A- rating
  • Directors quit board of suspended fund
  • Banks kept busiest

  • Wednesday, October 28, 2009

  • RenRe profits rocket to $256m
  • Ace earnings rise ninefold
  • Axis executive tells conference of long-standing US-Bermuda relationship
  • BIAS funds show strong third-quarter growth
  • Liberty to reopen with Jackson premiere
  • Tokio expands lines
  • Willis boss: Ireland is 'a drag'
  • Cloud and social computing prove big trends to watch out for in 2010
  • CME loss widens on weak advertising
  • US bill seeks to punish banks shielding tax cheats
  • BNTB shares slide

  • Tuesday, October 27, 2009

  • PartnerRe profit soars as book value hits record
  • Arch reports tenfold rise in earnings
  • Richards calls for Govt. to get real on the economy
  • Court clears three ex-Marsh executives of bid-rigging
  • BA staff to vote on strike action
  • Stop paying cash bonuses and start lending, Tories tell banks
  • KFC shares rise
  • Barclays to buy UK arm of Standard Life
  • US newspaper circulation falls 10.6% in six months
  • Willis profit more than doubles
  • Aardvark appoints two more Bermudians

  • Monday, October 26, 2009

  • Survey finds 5% have lost job in past year...
  • Confidence in economy falls
  • BSX tumbles 6.2%
  • AIG to pay out $12m to top executives in retention pay
  • More than 90 percent of re/insurance deals 'contract certain'
  • Inflation likely to hike reinsurance claims
  • Banks benefit from sloshes of liquidity






















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