502 results returned for search: "independence AND " category "Business"
Bermuda's `beneficial tax status' has recently brought much publicity from US newspapers and politicians, who have slammed corporations as `unpatriotic' for moving their headquarters here. Business reporter Lilla Zuill takes a look at some of the fac...
DATE: May 17, 2002
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PricewaterhouseCoopers, the world's largest accounting firm, is to sell its consulting arm through an initial public offering - and the new business will be based in Bermuda.
The company has decided to spin the part of the business off following conc...
DATE: May 16, 2002
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Despite the high-profile political and media frenzy targeting US corporations that move out of America to save taxes, toolmaker Stanley Works will go ahead with reincorporation to Bermuda after securing nearly 70 percent approval from shareholders in...
DATE: May 10, 2002
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Shareholders of Weatherford International Inc. are expected to vote by the end of the month on whether the company is to reincorporate in Bermuda to avoid a take-over and to save money on its taxes.
On Friday the company, which is a supplier of equip...
DATE: Apr 09, 2002
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HOUSTON -(Dow Jones)- Weatherford International Inc.'s (WFT) board approved moving the company's incorporation to Bermuda from Delaware, as it seeks to improve international growth, which already represents 60 percent of its total business.
In a pres...
DATE: Apr 08, 2002
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Spring is here, Valentine's Day is long gone and those planning June weddings are coming down to the wire.
Money matters. Statistically, we know that individuals spend more time buying a car or planning an outfit to wear to a party than they do plann...
DATE: Mar 09, 2002
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Former real estate agent Penny Gosling De Jesus told a Supreme Court Civil trial her former employer had flip flopped on whether a third agent would be paid from her half of the commission and from the company's share.
And Mrs. De Jesus' sister, Nanc...
DATE: Jan 30, 2002
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BOSTON (Reuters) - Shares of Tyco International Ltd. plummeted more than 20 percent, wiping out $16.7 billion of market value, as investor confidence crumbled on concerns about the Bermuda based conglomerate's corporate ethics and a sudden U-turn in ...
DATE: Jan 30, 2002
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An issue on many people's lips at the ICAP captive conference last week was the new IRS (Internal Revenue Service in the US) ruling covering captive insurance companies. While practitioners consider it too early yet to predict how application of this...
DATE: Jun 18, 2001
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employees' complex grievances.
All four are independent of the bank and employees will have the option of calling on them if they cannot settle a dispute internally.
The ombudsmen have been chosen for their independence, community good standing, sens...
DATE: May 30, 2001
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