3258 results returned for search: "" category "International Business"
Bermuda-based Frontline Ltd, the world’s largest operator of supertankers, reported its first quarterly profit in a year, after charter rates for the ships rose.
First-quarter net income was $7.18 million, or nine cents a share, compared with a fourt...
DATE: May 29, 2012
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CATEGORY:
International Business
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MOSCOW (Bloomberg) — Renaissance Capital, the investment bank whose holding company is in Bermuda, is cutting as much as 15 percent of its workforce as business slows, according to two people with knowledge of the matter.
The jobs cuts are restricted...
DATE: May 29, 2012
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CATEGORY:
International Business
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Asia is getting a taste of Bermuda this week as the Ministry of Business Development and Tourism and Business Bermuda are in the middle of a trade delegation to Singapore and Hong Kong.
Stopping in two of Asia’s leading financial centres, the delegat...
DATE: May 29, 2012
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CATEGORY:
International Business
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Several industry groups have joined the chorus for “radical” immigration reform in the wake of the Association of Bermuda’s Insurers and Reinsurers’ (ABIR) economic impact survey — some calling for the elimination of term limits, a hassle-free immigr...
DATE: May 23, 2012
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CATEGORY:
International Business
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New York- based private-equity firm Capital Z Partners is seeking $400 million to $500 million for its latest fund to invest in financial-services companies in Bermuda and the US and UK.
Capital Z Partners IV will focus on insurance, speciality finan...
DATE: May 17, 2012
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CATEGORY:
International Business
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Bermuda-based Seadrill Ltd announced net income of $439 million for the first quarter and comfortably beat Wall Street’s expectations.
Earnings per share for the oil and gas rig operator were 89 cents per share, beating analysts’ projections by a ful...
DATE: May 15, 2012
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CATEGORY:
International Business
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SAN FRANCISCO (Bloomberg) — Former accountant with Bermuda-based Marvell Technology Group Ltd, Stanley Ng, was sentenced to two years’ probation for his role in an insider-trading scheme involving so-called expert networking firms.
Ng, who was the Se...
DATE: May 11, 2012
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CATEGORY:
International Business
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PwC in Bermuda is launching its 14th annual compensation survey of the Island’s international business sector. And one of the trends it’s expected to show is that employers are becoming much more creative in the salary, bonuses, rewards and benefits ...
DATE: May 08, 2012
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CATEGORY:
International Business
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Business Bermuda CEO Cheryl Packwood has been named as an Industry Leader in the MENA Fund Manager Magazine Service Provider Power 50.
The MENA Fund Management Power 50 of 2012 pays tribute to the service providers of the fund industry who have weath...
DATE: May 07, 2012
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CATEGORY:
International Business
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Kevin McCarty, President of the National Association of Insurance Commissioners (NAIC) has said the US has “no intention” of going through a checklist of proposed Solvency II directives, reports the Financial Times.
If the US does not achieve "equiva...
DATE: May 02, 2012
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CATEGORY:
International Business
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