1710 results returned for search: "" category "Business" author Jonathan Kent
Argus Group Holdings Ltd. yesterday announced it had agreed in principle to settle a class action lawsuit pending in a New York court relating to losses stemming from the Bernard Madoff fraud.
The case had been brought against Argus and Argus Interna...
DATE: May 28, 2009
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AUTHOR:
Jonathan Kent
Six staff are to lose their jobs at Meyer-Franklin Travel this week, the company announced last night.
A fall in airline ticket sales and a slashing of commissions by airlines has forced the agency to restructure its business, Meyer-Franklin Travel p...
DATE: May 28, 2009
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AUTHOR:
Jonathan Kent
Finance Minister Paula Cox told MPs that the Organisation for Economic Cooperation and Development's process of rating countries by tax transparency progress was "hijacked by the G20 for its own purposes".
On April 2, the Group of 20 leaders of the w...
DATE: May 27, 2009
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AUTHOR:
Jonathan Kent
Hardy Underwriting Bermuda Ltd. has already seen profit-boosting benefits from redomiciling to London.
And after the official opening of its Bermuda underwriting platform this month, those benefits are set to multiply, according to the company's chie...
DATE: May 27, 2009
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AUTHOR:
Jonathan Kent
Global business consultancy and outsourcing specialist Accenture plans to leave Bermuda to reincoporate in Ireland.
The company announced yesterday that its board of directors had unanimously approved the move, adding that Ireland "offers a stable po...
DATE: May 27, 2009
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AUTHOR:
Jonathan Kent
Bermuda-based QuoVadis has launched a product that it believes will help organisations better manage the security of their websites and servers, as well as to cut costs.
The company, which has grown from its Bermuda roots to have operations in Switze...
DATE: May 26, 2009
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AUTHOR:
Jonathan Kent
It would be easy for insurance companies to leave Bermuda if changes in the US tax code were to erode the Island's tax advantages.
That is the view of Hans-Joachim Guenther, Zurich-based chief underwriting officer and head of reinsurance for Europe a...
DATE: May 26, 2009
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AUTHOR:
Jonathan Kent
The board of IPC Holdings has rejected a sweetened offer from its determined suitor and fellow Bermuda reinsurer Validus Holdings Ltd.
IPC urged its shareholders not to sell their stock to Validus, which has mounted a $1.69 billion hostile takeover b...
DATE: May 22, 2009
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AUTHOR:
Jonathan Kent
Butterfield Bank's recovery is contingent on retaining clients and deposits in a low-interest environment that is dampening its earnings.
That is the view of experts from Bermuda Investment Advisory Services Ltd. (BIAS), who also told investors at th...
DATE: May 21, 2009
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AUTHOR:
Jonathan Kent
Commuters and tourists have provided the bulk of customers for a new café that opened a week ago alongside the Hamilton ferry terminal.
Dangelini's, at 8 Front Street, adjoins the Visitor Information Centre and offers light food and refreshments, in...
DATE: May 21, 2009
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AUTHOR:
Jonathan Kent
