3096 results returned for search: "" category "International Business"
Bermuda-based White Mountains Insurance Group made $322 million last year — up $115 million up on 2012, according to its latest figures.
And the firm — which includes OneBeacon, Sirius Group and HG Global/BAM among its subsidiaries — reported an adju...
DATE: Feb 10, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Huffington Post is reporting that three Bermuda subsidiaries of Microsoft Corp are involved in a tax inquiry launched by “another country”, according to documents made public by the Bermuda Supreme Court.
But it adds that once the inquiry was fir...
DATE: Feb 04, 2014
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CATEGORY:
International Business
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A Bermuda-based asset manager says his investment company will “vigorously defend itself” after being accused in a complaint by US regulators that it made more than $1.3 million in allegedly illegal short-selling share trading.
Christopher Kuchanny a...
DATE: Feb 04, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
By Raymond Hainey
A new wave of nations could provide a fresh source of business for global insurance and reinsurance firms in Bermuda.
A new report by financial services firm EY said that Asian countries China, with Hong Kong, Malaysia and Indonesi...
DATE: Jan 31, 2014
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CATEGORY:
International Business
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International business is to launch a drive to highlight the sector’s importance to the Island’s economy.
And it is hoped the new campaign will encourage Bermuda residents to pull together to attract new companies to Bermuda and boost its bottom line...
DATE: Jan 28, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Furious French MPs have demanded that Bermuda should be put back on the country’s list of tax havens.
Anger over the decision to remove the Island and Jersey from the list of uncooperative jurisdictions united both the right and left wings in French ...
DATE: Jan 24, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda-based company has invested more than $730 million in a luxury car dealers in booming China.
Jardine Strategic Holdings took a stake in Hong-Kong listed Zhongsheng Group Holdings chain of car dealerships in mainland China through an equity s...
DATE: Jan 21, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Global banking giant HSBC is to sell off its $1.2 billion banking operation in Jordan.
HSBC Bank Middle East has struck a deal to sell its business in the Middle East state to the Arab Jordan Investment Bank.
The Jordanian business was made up of fou...
DATE: Jan 21, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Super-rich families in Asia, Latin America and the Middle East could be major targets for Bermuda’s wealth management industry, one of the organisers of a major conference next month said yesterday.
Jonathan Dunlop, chairman of the Bermuda branch of ...
DATE: Jan 20, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda-listed firm has issued $400 million worth of ten-year notes.
The issue was announced by Hong Kong Land Holdings, part of the Bermuda-domiciled Jardine Matheson empire.
The issue will be made through The Hong Kong Land Finance (Cayman Island...
DATE: Jan 13, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor