3259 results returned for search: "" category "International Business"
Bermuda-based Nabors Industries has concluded the sale of the assets from its subsidiary, Ramshorn Investments Inc, for about $72 million in cash.
Ramshorn Investments sold all of its interest in certain oil and gas properties in California. Accordin...
DATE: Dec 19, 2011
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CATEGORY:
International Business
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Bermuda-based Butterfield Fulcrum has been selected by Red Kite, one of the world’s leading metals-focused fund groups, as the company’s fund administrator.
After a detailed analysis of Red Kite’s specific requirements, Butterfield Fulcrum designed a...
DATE: Dec 14, 2011
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CATEGORY:
International Business
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Bermuda-based Bacardi Ltd’s Bombay Sapphire gin has been named the world’s number one premium gin by value for a third consecutive year by IWSR (International Wine and Spirit Research).
Bombay Sapphire has seen year-on-year growth of its share by val...
DATE: Dec 13, 2011
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CATEGORY:
International Business
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LONDON (Bloomberg) Todd Kozel, the founder and chief executive officer of Bermuda-domiciled Gulf Keystone Petroleum Ltd, said he may have to pay a $6 million fine to US tax authorities because he didn’t declare overseas accounts and trusts.
The penal...
DATE: Dec 10, 2011
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CATEGORY:
International Business
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Each hedge fund manager that sets up in Bermuda is potentially worth around $5 million to the Gross Domestic Product and around ten jobs.
That’s the view of Ernst & Young partner Jessel Mendes, who believes the Island has the potential to substantial...
DATE: Dec 08, 2011
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CATEGORY:
International Business
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The Cayman Islands has thrown down the gauntlet to Bermuda stating that they are actively looking to attract the reinsurance industry away from Bermuda with immigration incentives and a targeted marketing campaign focusing on the Island’s reinsurers....
DATE: Dec 08, 2011
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CATEGORY:
International Business
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A US judge has dismissed claims brought against PricewaterhouseCoopers Bermuda (PwC Bermuda) and others by foreign investors who had invested in funds that in turn had invested with convicted fraudster Bernard Madoff.
The case was thrown out by Judge...
DATE: Dec 01, 2011
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CATEGORY:
International Business
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A raft of measures which will have a significant impact on Bermuda’s international business sector have been proposed by Government.
The Companies Amendment (No 2) Bill 2011, which outlines a number of changes to the Companies Act 1981, was tabled by...
DATE: Nov 29, 2011
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CATEGORY:
International Business
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Bermuda’s latest target market of the Islamic finance industry was the focus for a delegation from the Island who travelled to Bahrain this week for the 18th Annual World Islamic Banking Conference.
The conference, which was held under the patronage ...
DATE: Nov 24, 2011
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CATEGORY:
International Business
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Thousands of miles away and eight hours ahead, representatives from Bermuda are making a big push for a slice of a world financial market worth an estimated $1 trillion.
At the 18th World Islamic Banking Conference held in Bahrain this week, Busines...
DATE: Nov 23, 2011
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CATEGORY:
International Business
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