Log In

WASHINGTON (Bloomberg) — Congress, which over the past six years has repeatedly cut taxes on US companies, now wants some of the money back.And one of the ways they are considering is to extend US taxation to US companies’ international operations in...

NEW YORK (Bloomberg) — When Performance Technologies Inc. renewed its insurance policy protecting against shareholder lawsuits, the software company paid less than it did before Enron Corp.’s collapse in 2001.American International Group Inc. and ano...

NEW YORK (Bloomberg) — The dollar rose against the yen as evidence of a strong job market reduced speculation the Federal Reserve will cut borrowing costs in the third quarter.The US currency rebounded from a two-year low against the euro to finish t...

Four outstanding performers in the Island’s booming reinsurance industry have been named as recipients of the Bermuda Insurance Institute’s awards for 2006. Former Ace chief executive officer and chairman Brian Duperreault will receive the Lifetime A...

HONG KONG (Bloomberg) — China Citic Bank Corp. may raise as much as $5.7 billion in a simultaneous Hong Kong and Shanghai initial public offering, the world’s largest stock sale year to date, said three people with knowledge of the details.The Beijin...

Bermuda Aviation Services and the CCS Group of companies ended the speculation on their interests in one another on Friday by announcing the two firms have merged, with financing provided by Butterfield Bank. The merge became effective on March 31, a...

The Bermuda Insurance Institute has named the four recipients of its 9th Annual Insurance Industry Awards, to be presented at the Fairmont Hamilton Princess on May 12. They are: Lifetime Achievement Award — Brian Duperreault Reinsurance Person of 200...

Corporate employees are increasingly seeking out city centre rental accommodation in Hamilton rather than base themselves further away from their place of work. The trend was noted by Coldwell Banker Bermuda Realty when it took the “temperature” of t...

In the world of business retail it is all about being first out of the starting blocks with a new product — and nowhere is that more the case than in the realm of telecommunications and cell phone technology. Digicel was just beaten to the starting l...

Bermuda Commercial Bank Ltd. was the biggest climber on The Royal Gazette Bermuda Stock Exchange last week, as its share price rose 8.57 percent. The BSX Index finished the week 26.13 points (0.51 percent) higher at 5,100.44. Turnover was $1,308,737 ...