76282 results returned for search: "" category "Business"
BERLIN (Reuters) - A harsh reality seems to be dawning on Germans — that helping debt-ridden Greece, as part of a euro zone effort, may be inevitable.
Ever-cautious Chancellor Angela Merkel has made comments which could be seen as preparing the groun...
DATE: Mar 03, 2010
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f Bermuda fails to secure Solvency 2 equivalency it will be highly likely to be due to the "arcane" politics of Europe.
That is according to Jeremy Cox, CEOof the Bermuda Monetary Authority (BMA), who was the keynote speaker at the Bermuda Insurance ...
DATE: Mar 03, 2010
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A catering war is going on Island-wide to get business from the country's top exempt companies.
That is the view of Ian Friedman, corporate executive chef and director of catering at Bermuda Hospitality Group, who has used every tactic in the book to...
DATE: Mar 03, 2010
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WHO ARE THE NEW INVESTORS?
The Carlyle Group
It is one of the world's largest private equity firms, with more than $81.1 billion under management. Carlyle has 60 funds largely focused on investing in buyouts, venture & growth capital, real estate and...
DATE: Mar 03, 2010
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The deal in a nutshell
Carlyle Group $150m
CIBC $150m
Other investors
Bermuda Government Pension Funds
The Wellcome Trust
Julian Robertson
Goshen Investments $250m
They receive equity in the form of a mix of preference and common shares
Own 82.5 perc...
DATE: Mar 03, 2010
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First half of 2007: Butterfield Bank buys more than $1 billion in CMO and ABS investments, subsequently writing down more than more than $200 million due to a downturn in the US real estate prices and the declining value of investments.
February 2007...
DATE: Mar 03, 2010
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Human resources managers often have a difficult time showing just how their work financially benefits their businesses.
Now a workshop being put on by the Bermuda Employers Council (BEC) today will do just that.
The workshop on measuring human resour...
DATE: Mar 03, 2010
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Butterfield Bank last announced a net loss for 2009 of $213.4 million, driven by writedowns of mortgage-backed securities and commercial loan loss provisions.
And the bank warned it was likely to take another loss of between $150 million and $175 mil...
DATE: Mar 03, 2010
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AUTHOR:
Jonathan Kent
WASHINGTON (AP) — Toyota Motor Corp. and US regulators faced more questions from Congress on Tuesday over the giant Japanese car company's troubled safety record. "We know something has gone terribly wrong," Senate Commerce Committee Chairman Jay Roc...
DATE: Mar 03, 2010
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International companies may outsource more jobs overseas as a result of the payroll tax increase, the Association of Bermuda International Companies warned yesterday.
ABIC said the increase in payroll tax from 14 to 16 percent of salaries will make c...
DATE: Mar 03, 2010
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