76418 results returned for search: "" category "Business"
The fiscal 2016 Budget presented by President Obama to Congress in February contains a number of tax proposals that could effect US citizens living abroad. A summary of the major proposals follows.
A New ‘Fair Share Tax’
The proposal would impose a n...
DATE: Mar 17, 2015
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CATEGORY:
Other
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If. We have all seen the commercial about the “if” in Life! For such a small word it can have a significant impact on how we move forward either personally or in business. When we face adversity one approach is to say “if only” and then beat that who...
DATE: Mar 17, 2015
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CATEGORY:
Other
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Bermuda legal firm Appleby has had 16 of its lawyers recognised by a leading professional publication.
Chambers Global Guide, a top research tool for lawyers, also top-ranked the firm’s Bermuda insurance and dispute resolution teams.
The 16 — the hig...
DATE: Mar 17, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A total of 5,380 shares worth more than $121,530 today traded on the Bermuda Stock Exchange.
The biggest value sale was 80 Bank of Butterfield preference shares, which closed unchanged at $1,140.
Utilities group Ascendant saw 3,300 shares move, leav...
DATE: Mar 17, 2015
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CATEGORY:
Bermuda Stock Exchange
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Record-breaking winter storms in the United States caused more than $1 billion of insured losses last month, according to estimates by Aon Benfield.
The US has been hit by a string of winter storms this year, which in January were estimated to have c...
DATE: Mar 16, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Bermuda is proving a hit with the Latin American nation of Colombia.
For a boom in the insurance industry across the Latin American (Latam) region has led to a flood of Colombian captive insurance firms registered in Bermuda.
Maria Escobar, head of M...
DATE: Mar 16, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A former Bermuda fitness coach is training Island residents for the annual Bermuda Day Half-Marathon Derby — from thousands of miles away.
Colin Aycliffe, a personal trainer at the Court House Squash and Wellness Gym in Hamilton’s Victoria Street unt...
DATE: Mar 16, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Shares worth a total of almost $500,000 were traded on The Royal Gazette/BSX Index last week, with the exchange ending down 9.14 points (0.67 per cent) at 1,363.04.
HSBC Holdings were down 85 cents (9.34 per cent) at $8.25 after 1,314 shares were tra...
DATE: Mar 16, 2015
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CATEGORY:
Bermuda Stock Exchange
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A total of ten new insurance firms have registered in Bermuda in the first two months of the year, according to Bermuda Monetary Authority figures.
And the BMA also approved a new broker, Winklevoss Ltd.
The list includes four special purpose insurer...
DATE: Mar 16, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Retail sales continued to trend upwards in January, with a year-on-year improvement of 2.6 per cent.
The month’s total sales were an estimated $77.2 million compared with $75.3 million during the same month in 2014.
After adjusting for the annual ret...
DATE: Mar 16, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil