75993 results returned for search: "" category "Business"
NEW YORK (Bloomberg) Caterpillar Inc. used offshore subsidiaries in Bermuda and Switzerland to avoid about $2 billion in US taxes from 2000 to 2009, boosting its earnings through a “tax and financial statement fraud”, according to a Caterpillar execu...
DATE: Jul 11, 2011
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CATEGORY:
International Business
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BEIJING (Reuters) - China’s central bank will raise interest rates once more this year before pausing in its current policy tightening cycle and keep rates on hold in the first half of 2012, a Reuters poll showed.
The People’s Bank of China raised in...
DATE: Jul 08, 2011
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CATEGORY:
Economy
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LONDON (AP) - The Bank of England has kept its key interest rate at an all-time low of 0.5 percent as the tepid economic recovery in Britain continues to outweigh concerns over inflation.
Yesterday’s decision by the nine-member Monetary Policy Commit...
DATE: Jul 08, 2011
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CATEGORY:
Economy
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FRANKFURT (Bloomberg) - European Central Bank (ECB) President Jean-Claude Trichet signalled he may raise interest rates again in coming months and will ease Portugal’s access to emergency funds as officials battle both faster inflation and the debt c...
DATE: Jul 08, 2011
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CATEGORY:
Economy
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PARIS (Bloomberg) - World food prices rose in June as the cost of sugar, meat and dairy increased, adding to inflationary pressure that has prompted central banks across the world to raise interest rates.
An index of 55 food commodities rose to 233.8...
DATE: Jul 08, 2011
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CATEGORY:
Economy
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NEW YORK (Bloomberg) Legal attacks by the owners of the New York Mets and JPMorgan Chase & Co on the liquidator of Bernard Madoff’s bankrupt firm may cut his chances of winning $100 billion of lawsuits, reducing recoveries for its clients and undercu...
DATE: Jul 08, 2011
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CATEGORY:
International Business
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Conyers Dill & Pearman has announced the appointment of Blair Botsford to its trust and private client practice in Bermuda.
Ms Botsford brings with her extensive expertise in estate planning and administration, trusts, incapacity planning and taxati...
DATE: Jul 08, 2011
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CATEGORY:
International Business
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Alternative Energy Systems (AES) has teamed up with Butterfield Bank to offer the Island’s first financing deal for customers looking to install a SunPower photovoltaic (PV) solar energy system at their homes or businesses.
For Butterfield mortgage c...
DATE: Jul 08, 2011
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CATEGORY:
Other
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Digicel is to allow its customers to top up their phones via the company’s Facebook page at www.facebook.com/ DigicelInBermuda and through their their mobile device web browsers.
The same features of Digicel Online Top Up, including the double credit...
DATE: Jul 08, 2011
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CATEGORY:
Technology
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Bermuda may be battling through a recession, but workers in the international business sector have been feeling the pain less than most.
Compensation paid to Bermuda’s international business workers shot up by a staggering 40 percent in the first qua...
DATE: Jul 08, 2011
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CATEGORY:
Economy
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