76543 results returned for search: "" category "Business"
An independent consulting firm has recommended Nabors Industries Inc. shareholders vote in favour of reincorporating in Bermuda.
PRNewswire reported yesterday that Nabors Industries, Inc. announced this week that Institutional Shareholders Services I...
DATE: Jun 07, 2002
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The Bank of N.T. Butterfield & Son Limited yesterday announced the sale for cash of a controlling interest in its Hong Kong operations to Dexia Banque Internationale ? Luxembourg (Dexia BIL).
Bank of Butterfield's Hong Kong operations, established in...
DATE: Jun 07, 2002
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Bermuda-based Attorneys' Liability Assurance Society (ALAS) has announced it will increase and emphasise its US operating entity ALAS Inc. in Chicago and the role of its senior executives.
Despite the shift in focus, the long-time Bermuda company - i...
DATE: Jun 07, 2002
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(Saint Paul Pioneer Press, Minnesota ) - A proposed initial public offering by Bermuda-based Platinum Underwriters Holding Ltd. will close on June 27. Platinum is the result of a spin-off of the reinsurance unit of The St. Paul Cos.
Yesterday it emer...
DATE: Jun 07, 2002
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The Bush administration yesterday warned Congress against proposals to stop UScompanies moving their headquarters overseas to avoid taxes.
The Treasury Department's acting chief of tax policy, Pamela Olson, said the plans could hurt the US economy.
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DATE: Jun 07, 2002
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The Royal Gazette/Bermuda Stock Exchange Index gained 21.56 points or 0.79 percent yesterday to close at 2,749.64. A total of 5,900 shares worth $173,545 were traded.
While no shares of the Bank of Bermuda were traded, the Bank of Butterfield gained ...
DATE: Jun 07, 2002
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Bermuda's insurers are "bullish" on near-term prospects - while reinsurers were somewhat disappointed by a deflated sector.
So say Morgan Stanley analysts Alice Schroeder, Vinay Saqi and Chris Winans who recently visited Bermuda-based insurers and re...
DATE: Jun 06, 2002
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A leading American tax and accounting analyst has said that so-called "patriot tax" legislation could become law.
Robert Willens, managing director and leading tax expert with Lehman Brothers in New York told The Royal Gazette that changes could go t...
DATE: Jun 06, 2002
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As pressure to enact legislation that would crack down on corporate inversions - with a focus on companies that have moved to Bermuda - mounts, supporters of the Island are taking a more vocal role.
Yesterday's Wall Street Journal (WSJ) reported that...
DATE: Jun 06, 2002
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The powerful tax-writing House Ways and Means Committee will meet this morning on Capitol Hill to "explore the growing trend towards offshore incorporation".
The hearing, with a focus on inversion transactions and enhancing US competitiveness, will t...
DATE: Jun 06, 2002
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