3433 results returned for search: "" category ("International Business" AND "Business")
LONDON (Bloomberg) Frontline Ltd, the world’s biggest operator of supertankers, reported a worse-than-expected second quarter loss and said the “weak trend” would persist, while the time for acquisitions “has moved closer.”
“The situation has, of cou...
DATE: Aug 29, 2011
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CATEGORY:
International Business
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Bermuda-based fund administrator Prime Management Ltd achieved a score of 6.7 out of 7 in the annual Global Custodian Hedge Fund Administration Survey.
Prime also received “Best in Class” awards in more than 90 percent of its eligible categories.
Jo...
DATE: Aug 29, 2011
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CATEGORY:
International Business
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GENEVA (AP) Swiss banks will have to pay 500 million Swiss francs ($630 million) to Britain as part of an agreement to end tax evasion, the Swiss government says.
Britain’s treasury described the deal struck by senior officials in Zurich on Wednesday...
DATE: Aug 26, 2011
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CATEGORY:
International Business
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Money-laundering reporting will be the focus for a training session held by KPMG Advisory Ltd later this year.
The two Money Laundering Reporting Officer Level Training sessions, which are being held at Crown House, 4 Par-la-Ville Road, Hamilton, on ...
DATE: Aug 25, 2011
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CATEGORY:
International Business
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Bermuda-based tanker operator Nordic American Tankers Ltd added to its fleet yesterday when it took delivery of the Nordic Breeze,a suezmax newbuilding tanker of 158,000 deadweight tons.
The new vessel was built at Samsung Heavy Industries Co, Ltd, S...
DATE: Aug 25, 2011
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CATEGORY:
International Business
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Premier Paula Cox yesterday signed a tax information exchange agreement (TIEA) with Argentina, the 27th such agreement the Island has entered into.
Ms Cox took the opportunity to underline the importance of international business to the Bermuda econo...
DATE: Aug 23, 2011
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CATEGORY:
International Business
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The chances of a tax being imposed on re/insurers due to the US government needing to raise much-needed revenue in order to tackle a spiralling debt issue are greater than they have been at any time over the past two to three years.
That is the view ...
DATE: Aug 19, 2011
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CATEGORY:
International Business
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Mutual Risk Management plans to “take every step available” to fight a Bermuda Appeal Court judgement against the company.
In a statement yesterday, the company, which is in run off, said it will be appealing to the Privy Council.
Siding with US buil...
DATE: Aug 19, 2011
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CATEGORY:
International Business
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LOM (Holdings) Ltd has announced the repurchase of 9,576 of its shares on May 5, 2011 for cancellation at a price of $2.93 per share.
LOM currently has 6,163,874 shares of common stock outstanding.
“These stock repurchase demonstrate our confidence i...
DATE: Aug 17, 2011
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CATEGORY:
International Business
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Bermuda-based Citadel Reinsurance Company Ltd has been assigned a financial strength rating of A- (excellent) and an issuer credit rating of “a-”, both with stable outlooks, by AM Best Co.
The ratings reflect Citadel Re’s “strong balance sheet, excel...
DATE: Aug 15, 2011
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CATEGORY:
International Business
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