75895 results returned for search: "" category "Business"
Bermuda is exploring ideas on how to broaden its tax base — and is working with an organisation which has helped several Caribbean islands to introduce value-added tax (VAT).
Finance Minister Bob Richards said in the Budget statement last Friday that...
DATE: Feb 23, 2015
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
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
Government debt stock fell on The Royal Gazette/BSX Index, one of three stocks to decline.
The Index fell 5.41 points (0.39 per cent) to close at 1,367.96.
One of the stocks to decline was Government of Bermuda $50m/4.75 per cent debt, after 20 units...
DATE: Feb 23, 2015
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s regulatory and legal environment were recognised at a recent conference in Costa Rica that attracted leading private client lawyers from throughout the Americas.
Bermuda was represented at the Private Client Forum Americas by the Bermuda Bu...
DATE: Feb 23, 2015
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CATEGORY:
International Business
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More than 218,176 shares worth $672,113 traded yesterday on the Bermuda Stock Exchange.
The Bank of Butterfield finished up one cent (0.5 per cent) at $2 after 193,766 of its shares changed hands.
Paint firm Devonshire Industries Ltd saw 1,000 of its...
DATE: Feb 21, 2015
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CATEGORY:
Bermuda Stock Exchange
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Dear Dave, I’m 30 and debt-free. Do you think I should stop making contributions to my pension fund for a year in order to save up an emergency fund?
— Beth
Dear Beth,
Yes, I do. But it shouldn’t take you a year to set aside an emergency fund i...
DATE: Feb 21, 2015
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CATEGORY:
Personal Finance
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NEW YORK (Bloomberg) — The biggest investor in Meredith Whitney’s hedge fund moved a lawsuit seeking to recoup its $46 million stake to New York from Bermuda, where it was originally filed last year.
BlueCrest Capital Opportunities Ltd, a fund connec...
DATE: Feb 20, 2015
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CATEGORY:
International Business
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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
The early signs of the beneficial impact of the America’s Cup on Bermuda are being felt.
Island Trading, on Reid Street, has seen an increase in the number of hotels, guest houses and beach clubs seeking to upgrade their outdoor furniture ahead of th...
DATE: Feb 20, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
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