76342 results returned for search: "" category "Business"
Ensuring Bermuda climbs onto the 'white list' of the Organisation for Economic Cooperation and Development is critical to the Island's economic future.
Organising the tax information exchange agreements (TIEAs) that will allow Bermuda to shed the lab...
DATE: May 12, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — Prabhudev Konana travelled to Paris in December and used his Citigroup Inc. credit card to pay hotel and restaurant bills. When he got home to Austin, Texas, he was upset to see two different currency exchange rates for charges...
DATE: May 12, 2009
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Maiden Holdings Ltd. boosted its profits by $600,000 during the first quarter of 2009, despite incurring a $1.9 million realised loss on its investment portfolio.
The insurer saw its net income rise to $13.1 million in the first quarter to $12.5 mill...
DATE: May 12, 2009
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NEW YORK (Bloomberg) — Microsoft Corp., the world's largest software maker, plans to sell $3.75 billion of debt in its first bond offering, taking advantage of its top credit ratings to help fund a share buyback and technology investments.
The sale w...
DATE: May 12, 2009
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LONDON (Reuters) - HSBC Holdings said first quarter profits were "well ahead" of last year, swelled by record results in its investment bank and resilience in Asia, but would have been down without accounting gains on its debt.
The chief executive of...
DATE: May 12, 2009
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Brazilian fund managers and investors were given an insight into the difference between Bermuda and other jurisdictions by a Bermuda International Business Association (BIBA)-led delegtation at the Terrapin Alternative Investment Summit 2009 held in ...
DATE: May 11, 2009
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LONDON (Bloomberg) - Bermuda-based Catlin Group plc., owner of the largest unit at the Lloyd's of London insurance market, said first-quarter revenue rose 17 percent as it cut the amount of income given up to reinsurers and premium rates rose.
Net wr...
DATE: May 11, 2009
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Banks need to show they are willing to open up and extend credit to consumers and corporations before the financial markets and economy starts to fully recover.
That is the view of Craig Rimer, president of Cidel Financial Group and director of Argus...
DATE: May 11, 2009
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NEW YORK (Bloomberg) — Municipal bond insurance is showing signs of renewal this year as new providers respond to demand from low-rated borrowers whose costs have increased three times as fast as for issuers with top credit grades.
Leading guarantee ...
DATE: May 11, 2009
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NEW YORK (Reuters) - US stocks should rally this week, and push the Dow into positive territory for the year, with bank stress tests out of the way and investors hopeful retail sales will reinforce views the economy is on the mend.
The week may provi...
DATE: May 11, 2009
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