164 results returned for search: "" category "International Business" author Raymond Hainey, Assistant News Editor
Bermuda’s decision to sign up to a country-by-country reporting agreement for multinational companies could be used to target shell companies using the island for tax avoidance.
Bradley Kading, president and executive director of the Association of B...
DATE: Apr 20, 2016
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Businesses representing nearly half the market capitalisation on Hong Kong’s stock exchange are incorporated in either Bermuda or the Cayman Islands.
And experts said that the island’s legal system and regulatory regime were the keys to businesses op...
DATE: Apr 08, 2016
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermudian start-up tech firm Trunomi has joined forces with a European firm to tighten up mobile security for data management in financial services.
The company has signed a deal with InAuth, a specialist in advanced device authentication and fraud p...
DATE: Apr 06, 2016
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermudian lawyer Lilla Zuill is settling into a new life in Hong Kong after being seconded to the Orient by Bermuda law office Harneys.
Ms Zuill is to spend a year in the Harneys office on secondment in a bid to build business links between the islan...
DATE: Apr 05, 2016
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda should not be lumped in with offshore centres that encourage tax-dodging, the Bermuda Business Development Agency said today.
The BDA hit out after a massive leak of documents from a Panamanian law firm Mossack Fonseca, which have sparked pro...
DATE: Apr 05, 2016
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda notched up the highest number of merger and takeover transactions for five years in 2015.
A total of 489 deals took place, with the combined value of $79.17 billion up 41 per cent up on the previous year and the largest percentage increase of...
DATE: Mar 04, 2016
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A bid is being made to bring more jobs to Bermuda by boosting the presence of hedge funds.
Island professionals are to combine to form a branch of the Alternative Investment Management Association to attract the hedge-fund sector back to Bermuda.
Cra...
DATE: Feb 25, 2016
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A top executive from Bermudian-based drinks giant Bacardi has appeared before a US House of Representatives committee in a trademark battle with the Communist government of Cuba.
Rick Wilson, Bacardi senior vice-president for external affairs, was ca...
DATE: Feb 16, 2016
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The downgrading of Bermuda Commercial Bank by a ratings agency was yesterday criticised by Peter Horton, the bank’s chief executive officer.
Mr Horton said that the decision by Moody’s to lower the credit rating of BCB after it bought up 75 per cent ...
DATE: Feb 12, 2016
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda lawyer is to discuss the possible abolition of death taxes at a major international conference tomorrow.
Peter Pearman, a director in the private client and trust department of Conyers Dill & Pearman, will examine death taxes being phased o...
DATE: Feb 10, 2016
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor