2353 results returned for search: "" category "Other" author Jonathan Kent
CellularOne is to launch an upgraded wireless service that will allow its subscribers to make video calls and receive high-speed Internet service on their cell phones.
The third-generation (3G) UMTS network will also allow the use of SIM cards — whic...
DATE: Apr 07, 2009
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AUTHOR:
Jonathan Kent
Shares of Bermuda bond insurer Assured Guaranty shot up by 20 percent on Friday, after the company announced its share of the US public projects business rocketed in the first quarter.
Assured, has benefited from being able to maintain its top credit...
DATE: Apr 06, 2009
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AUTHOR:
Jonathan Kent
Bermuda-based bond reinsurer Ram Holdings Ltd. said it is considering delisting from the Nasdaq Stock Exchange and is not seeking to write any new business in the near term.
The comments came on Friday as the company announced a $55.8 million loss fo...
DATE: Apr 06, 2009
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AUTHOR:
Jonathan Kent
Offshore financial centres are being made scapegoats for the global financial crisis, Shadow Finance Minister Bob Richards said yesterday.
Leaders of the world's major economies meet at the G20 summit in London today, having already promised some kin...
DATE: Apr 02, 2009
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AUTHOR:
Jonathan Kent
When leaders of the world's biggest economies meet tomorrow for the G-20 summit in London, offshore financial centres are expected to be in their line of fire.
Several members of the Group of 20 — including Britain's Prime Minister Gordon Brown and F...
DATE: Apr 01, 2009
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AUTHOR:
Jonathan Kent
Finance Minister Paula Cox feels that Bermuda is "well positioned" on the eve of a meeting of leaders of the world's major economic powers which could result in measures being taken against offshore financial centres.
Her comments come after it was c...
DATE: Apr 01, 2009
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AUTHOR:
Jonathan Kent
Eighteen Bermuda reinsurance companies monitored by broker Guy Carpenter suffered a combined loss of $6.6 billion last year.
And shareholders' equity among the same companies in the Guy Carpenter Bermuda Reinsurance Composite plunged by 15 percent, t...
DATE: Mar 31, 2009
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AUTHOR:
Jonathan Kent
Ratings agency Moody's has put Butterfield Bank's bank financial strength and long-term debt ratings on review for possible downgrade.
Moody's said the move was prompted by its earlier decision, announced on Monday, to put the Government of Bermuda o...
DATE: Mar 19, 2009
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AUTHOR:
Jonathan Kent
Shadow Finance Minister Bob Richards says Government is "way too casual" about the need to make Bermuda's case as an insurance centre, amid rising rhetoric directed at offshore financial centres.
The United Bermuda Party MP's comments came after the ...
DATE: Mar 19, 2009
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AUTHOR:
Jonathan Kent
Finance Minister Paula Cox looked to differentiate Bermuda from more secretive low-tax jurisdictions yesterday, when she argued that the Island was no "Johnny come lately" amid a widening move towards tax information exchange agreements (TIEAs) betwe...
DATE: Mar 19, 2009
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CATEGORY:
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AUTHOR:
Jonathan Kent