2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
Communications firm Digicel was last night staying tight-lipped on whether its phone SIM cards were supplied by a firm hacked by the UK and US security services.
The telecoms firm has not responded to questions on whether Dutch technology giant Gemal...
DATE: Feb 24, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Government will save an estimated $25 million this year by freezing most vacant Government jobs, Finance Minister Bob Richards yesterday told a post-Budget Chamber of Commerce meeting.
And he said that Government planned to introduce measures to make...
DATE: Feb 24, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Britain would hammer financial services professionals who help clients avoid tax under a new law, a Liberal Democrat Treasury Minister said yesterday.
UK Treasury Minister Danny Alexander said there should be a new offence of “corporate failure to av...
DATE: Feb 23, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based Maiden Holdings notched up profits of $34.6 million for the last quarter of 2014, the firm reported yesterday.
The figure is more than $11 million up on the same period in 2013 and represents 44 cents per diluted common share compared t...
DATE: Feb 20, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Nearly half of global CEOs in the insurance field predict more joint ventures or strategic alliances over the next year, according to survey results released yesterday.
And two thirds of business chiefs believe that new tie-ups between firms offered ...
DATE: Feb 19, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A US tax pressure group yesterday warned that President Obama’s budget proposals to end tax deductions for reinsurance payments to affiliated foreign companies and on overseas earnings would cost America more than three times what it would raise.
The...
DATE: Feb 19, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based insurer and reinsurer Argo has announced a 10 per cent stock dividend and a 22 per cent plus increase in its quarterly cash dividend.
The firm announced a quarterly cash dividend of 20 cents per share, compared to 18 cents per share on ...
DATE: Feb 18, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A major insurance firm with a Bermuda operation has been bought out in a $1.88 billion swoop — the latest in a series of mergers set to affect Island businesses.
Brit Group — which opened an office on the Island around 18 months ago — has been taken ...
DATE: Feb 18, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda’s first ever Twitter party reached a total of 150,000 people, organisers said yesterday.
The event — organised by the Technology Leadership Forum (TLF) — aimed to highlight technology and the careers available.
Special hashtags received more ...
DATE: Feb 18, 2015
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CATEGORY:
Technology
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AUTHOR:
Raymond Hainey, Assistant News Editor
More than $609 million in Bermuda-linked money was found in leaked documents about HSBC’s controversial Swiss private bank.
One Bermuda client alone had $234.9 million stashed in Switzerland — one among around 65 clients connected to Bermuda and 183 ...
DATE: Feb 17, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
