76472 results returned for search: "" category "Business"
Bermuda-based Quanta Capital Holdings Ltd. yesterday announced it has formed a joint venture called Pembroke JV Ltd. with Lloyd's insurer Chaucer Holdings.
The new entity will own Pembroke Managing Agency Ltd., which has received authorisation from L...
DATE: Mar 03, 2007
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This column is devoted to financial matters, and next week it will return to them. Today, however, I am honour bound to discuss something other than money.
I cannot understand or agree with Minister Derrick Burgess?s opinion that expatriates should n...
DATE: Mar 03, 2007
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A bill that will see high earners have more tax lopped from their pay cheques from this spring was passed by the House of Assembly.
Payroll tax will be charged in future on all salary received up to $350,000 ? up from the previous cap of $235,000. Th...
DATE: Mar 02, 2007
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Bermuda-registered dry bulk shipping company Golden Ocean Group Ltd. yesterday reported net income of $5.2 million and earnings per share of $0.02 for the fourth quarter of 2006.
Full-year profits for 2006 totalled $35.7 million, breaking down to ear...
DATE: Mar 02, 2007
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NEW YORK (Bloomberg) — American International Group Inc., the world’s largest insurer, said fourth-quarter profit rose almost eightfold a year after the company paid $1.64 billion to settle probes of accounting and sales practices.Net income increase...
DATE: Mar 02, 2007
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NEW YORK (AP) — A still skittish Wall Street closed modestly lower having clawed its way back from an early-session plunge after upbeat manufacturing data allayed fears about a flagging US economy.The Dow Jones industrials ended 34 points lower after...
DATE: Mar 02, 2007
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Leading XL Capital executive Jerry M. de St. Paer retires from the company this coming Monday but is to remain within the business world by joining American International Group (AIG) next month as a senior vice-president.
The news that the 65-year-ol...
DATE: Mar 02, 2007
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AUTHOR:
Scott Neil
There is no such thing as a level playing field among quality financial services centres, Bermuda Monetary Authority (BMA) chief executive officer Cheryl Lister said on Wednesday. “Bermuda has to look out for its own interests, and we cannot count on...
DATE: Mar 02, 2007
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A bill that will see high earners have more tax lopped from their pay cheques from this spring was passed by the House of Assembly.
Payroll tax will be charged in future on all salary received up to $350,000 — up from the previous cap of $235,000. Th...
DATE: Mar 02, 2007
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CONFUSED about the stock market rout heard ‘round the world earlier this week? Don’t make the same mistake I did and turn on your TV.If anyone can reduce events to their lowest common denominator, it’s the TV pundits. (I assume they are more successf...
DATE: Mar 02, 2007
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