76353 results returned for search: "" category "Business"
WASHINGTON (Bloomberg) The Internal Revenue Service announced that 12,000 taxpayers have declared offshore bank accounts in the second round of a voluntary disclosure program that the agency says has yielded $2.7 billion overall.
IRS Commissioner Dou...
DATE: Sep 16, 2011
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CATEGORY:
Economy
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Shine’s House of Music and Entertainment is set to become a truly family-run business after brother and sister Nadanja and Nishanthi Bailey came on board.
The club, which is run by Bermudian music legend Shine Hayward and is based in Reid Street, wil...
DATE: Sep 16, 2011
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CATEGORY:
Local Business
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The cost of living in Bermuda held steady in July, as food and clothing prices dropped and rents came down further.
Consumers paid 2.8 percent more in July than they did a year ago for a basket of goods and services, according to the Statistics Depar...
DATE: Sep 16, 2011
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CATEGORY:
Economy
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Premier Paula Cox officially opened the new Pulp & Circumstance store in Washington Lane, praising owner Kristi Grayston for her significant contribution to Bermuda’s retail sector and the economy.
Ms Cox was on hand to cut the ribbon at yesterday’s ...
DATE: Sep 16, 2011
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CATEGORY:
Local Business
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WASHINGTON (Reuters) - The head of the International Monetary Fund yesterday urged advanced countries to take bold, coordinated action to break a vicious cycle of weak growth and high debt that threatens the global economy and has been worsened by dy...
DATE: Sep 16, 2011
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CATEGORY:
Economy
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Diane Gordon has left the Bermuda Chamber of Commerce, it was announced by the Chamber yesterday.
No explanation of the former executive director’s departure was given, with the statement saying only that she was no longer employed by the Chamber.
“M...
DATE: Sep 16, 2011
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CATEGORY:
Economy
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Concern about Bermuda’s political environment was one of the reasons that companies decided to move away from the Island over the past four years, but no longer so.
That is the view of Mark Byrne, the founder of Class of 2005 start-up Flagstone Re, s...
DATE: Sep 16, 2011
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CATEGORY:
Economy
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Government is reaching for the stars to bring new investment to the Island.
Minister of Environment, Planning and Infrastructure Strategy Walter Roban met with executives from some of the world’s biggest satellite communications operators at an indus...
DATE: Sep 16, 2011
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CATEGORY:
International Business
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Reinsurance executives gathered in Monte Carlo this week believe there are good reasons why property and catastrophe rates should rise but there is less confidence that there will be any broader market turn.
Massive catastrophe losses, estimated as h...
DATE: Sep 15, 2011
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
HSBC Bermuda is helping to refinance Orient-Express Hotels’ loan on its Brazilian properties.
The bank is part of a club of three banks that refinanced the famed Copacabana Palace in Rio de Janeiro and Hotel das Cataratas at Iguassu Falls.
According ...
DATE: Sep 15, 2011
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CATEGORY:
Other
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