3259 results returned for search: "" category "International Business"
Business leaders and employment specialists have welcomed Government plans to offer permanent residency status to some 10-year work permit holders.
They said the proposals, which were outlined by Premier Paula Cox in the House of Assembly on Friday a...
DATE: Jul 13, 2011
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CATEGORY:
International Business
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Two former US trade representatives have backd the Bermuda insurance industry’s opposition to changes that would impose extra taxes on non-US insurance groups.
Mickey Kantor and Susan Schwab jointly authored a letter to the Subcommittee on Select Re...
DATE: Jul 12, 2011
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CATEGORY:
International Business
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Alterra Bermuda Ltd has been admitted as an eligible reinsurer for reduced collateral status by the state of New York Insurance Department.
The company, an operating unit of Bermuda-based Alterra Capital Holdings Ltd, will now be able to post collate...
DATE: Jul 11, 2011
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CATEGORY:
International Business
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The two top reinsurance executives with Bermuda-domiciled Torus Insurance Holdings Ltd are leaving, the company has confirmed.
Bermuda-based Tim Mardon, the group's president and chief underwriting officer of reinsurance, is set to rejoin his former ...
DATE: Jul 11, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) Caterpillar Inc. used offshore subsidiaries in Bermuda and Switzerland to avoid about $2 billion in US taxes from 2000 to 2009, boosting its earnings through a “tax and financial statement fraud”, according to a Caterpillar execu...
DATE: Jul 11, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) Legal attacks by the owners of the New York Mets and JPMorgan Chase & Co on the liquidator of Bernard Madoff’s bankrupt firm may cut his chances of winning $100 billion of lawsuits, reducing recoveries for its clients and undercu...
DATE: Jul 08, 2011
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CATEGORY:
International Business
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Conyers Dill & Pearman has announced the appointment of Blair Botsford to its trust and private client practice in Bermuda.
Ms Botsford brings with her extensive expertise in estate planning and administration, trusts, incapacity planning and taxati...
DATE: Jul 08, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) The corporate tax holiday on foreign profits being debated by Congress may help strengthen the dollar after its worst first half since 2006.
Companies from Pfizer Inc to Cisco Systems Inc may use the reduction in income tax on re...
DATE: Jul 06, 2011
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CATEGORY:
International Business
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Bermuda-based Kingate Management Ltd had just three employees purportedly running an operation that fed $1.7 billion to con man Bernard Madoff’s company in New York and racked up hundreds of millions of dollars in fees.
More light has been shed on Ki...
DATE: Jul 06, 2011
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CATEGORY:
International Business
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LONDON (Reuters) HSBC Holdings Plc is poised to axe about 700 jobs in its UK retail bank arm, as swingeing staff cuts begin in earnest at banks across Europe stung by a limp economic recovery, trading woes and tougher regulation.
The fresh round of ...
DATE: Jul 01, 2011
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CATEGORY:
International Business
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