77122 results returned for search: "" category "Business"
The UK is to introduce a new tax designed to crack down on firms like Google who channel cash through subsidiaries to avoid tax.
Now Google — which came under fire last year for funnelling billions to Bermuda — and other firms will be subject to a ne...
DATE: Mar 20, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Who better to manage a bookshop than an aspiring writer and poet?
Yesha Townsend, 28, is in her element at The Book Cellar in St George’s, and her passion for books and creative expression is one of the first things that strike you when you enter the...
DATE: Mar 20, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Myth #33: Is it really finders’ keepers in the world of discovered treasure?
Given Bermuda’s history, which is rife with stories of privateers (a form of legalised piracy), shipwrecks and smugglers, who doesn’t dream of finding the classic pirates ch...
DATE: Mar 20, 2015
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CATEGORY:
Other
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Island insurance firm BF&M is to be the official America’s Cup healthcare provider. BF&M president and CEO John Wight said: “With the America’s Cup coming to Bermuda we wanted to show our support for the event and our community. This agreement allows...
DATE: Mar 20, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Ace Ltd is teaming up with BlackRock Financial Management, the world’s largest money manager, to create a new Bermuda-based reinsurance venture.
The companies are seeking to raise between $800 million and $1.3 billion for the new business, named ABR ...
DATE: Mar 20, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda has been overstating the number of companies registered on the Island for more than a decade, Government revealed today.
Economic Development Minister Grant Gibbons said the errors had been spotted by officials at the Registrar of Companies. ...
DATE: Mar 20, 2015
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Butterfield Bank shares shed a cent in Bermuda Stock Exchange trading today.
The bank dipped 0.5 per cent to $1.98 as 10,000 of its common shares traded.
Butterfield’s 8 per cent preference shares were the only other issue to trade. They held their ...
DATE: Mar 20, 2015
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CATEGORY:
Bermuda Stock Exchange
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Improved high speed broadband internet for Bermuda is on the horizon with Bermuda Telephone Company (BTC) proposing to introduce access speeds of 50 Mbps (megabit per second) and 100 Mbps.
Presently the best residential internet speeds on the Island ...
DATE: Mar 19, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Britain has launched a bid to muscle in on Bermuda’s money-spinning insurance-linked securities business.
Bermuda is a leader in insurance-linked securities (ILS) — but yesterday UK Chancellor of the Exchequer George Osborne signalled that Britain wo...
DATE: Mar 19, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
HSBC Bermuda is scrutinising its account holders in a bid to crack down on tax evasion and money laundering, The Royal Gazette can reveal.
The bank responded to questions from this newspaper after it was revealed its arm in Jersey, a UK Crown Depende...
DATE: Mar 19, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor