2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
A fuel firm is offering a fuel for life competition — a first for Bermuda.
The Rubis promotion is offering a lucky driver $375 a month in free gas for 25 years — more than $112,000 worth over the period.
Rubis sales manager Jermaine Simons said: “The...
DATE: Jun 24, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
European bureaucrats yesterday backed off after a controversial hit list of “tax havens” that included Bermuda caused a storm of protest.
The move came after the European Commission (EC) unveiled a 30-strong list of non-cooperative tax jurisdictions ...
DATE: Jun 24, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Italian investment firm Exor will carry on meetings with target takeover PartnerRe’s analysts and investors as part of its $6.8 billion bid to take over the firm.
And Exor accused PartnerRe — which is backing a merger with Axis Capital over Exor’s of...
DATE: Jun 24, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A top international tax expert yesterday backed Bermuda in a row over the country’s inclusion on an EU blacklist — and said the Island should not have been included.
Pascal Saint-Amans, director of the Organisation for Economic Cooperation and Develo...
DATE: Jun 23, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
PartnerRe chiefs yesterday said it would be “irresponsible” to ditch its merger deal with Axis Capital in favour of a takeover bid by an Italian investment company.
And the PartnerRe board said that a successful Exor bid would lead to “exposing Partn...
DATE: Jun 23, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda shipping and storage firm is celebrating 60 years in business.
Bermuda Forwarders — founded as a two-strong customs clearance operation in 1955 — now has 50 full-time employees and has expanded into data storage, moving services and transpo...
DATE: Jun 22, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The insurance industry is at a crossroads, warns a new report.
And the survey by professional services firm PwC said that insurance and reinsurance face more upheaval than any other financial services sector.
The report, entitled Insurance 2020 and b...
DATE: Jun 22, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A controversial Euro list of dodgy tax jurisdictions that included Bermuda has been dealt a blow after Poland said the Island should not have been included on its submission.
The move came after the European Commission unveiled the 30-jurisdiction ‘b...
DATE: Jun 22, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The head of a Bermuda-based investment fund has been charged with fraud in a complaint lodged by the US Securities and Exchange Commission (SEC).
Dr Hans Black, who controls Interinvest, which has a Bermuda arm, is accused of funnelling millions of d...
DATE: Jun 19, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Finance Minister Bob Richards yesterday hit back after Bermuda was put on an EU blacklist as part of bid to crack down on multinational companies dodging tax.
And he pledged to raise the problem with EU officials on a trip to Europe next week.
Mr Ric...
DATE: Jun 19, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
