3305 results returned for search: "" category "International Business"
NEW YORK (Bloomberg) US Uncut, a group protesting corporate tax issues and government service cutbacks, claimed responsibility for a fake press release that said General Electric Co would return a “$3.2 billion tax refund”.
The release, which was pic...
DATE: Apr 15, 2011
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CATEGORY:
International Business
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GENEVA (AP) Privately held commodities trader Glencore International plans to float part of its stock for up to $11 billion next month, making it one of the largest public share offerings in recent years.
Dubbed “the biggest company you’ve never hear...
DATE: Apr 15, 2011
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CATEGORY:
International Business
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Bermuda-based Seadrill has entered into an agreement to sell the newly-built jack-up drilling rig West Juno to an undisclosed buyer incorporated in UK for $248.5 million.
Seadrill expects to record a gain on the sale of approximately $18 million on ...
DATE: Apr 14, 2011
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CATEGORY:
International Business
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Business Bermuda continued its Asian tour at the Shorex Wealth Management Forum held in Singapore this week.
The forum, which address the growing need of the Asian market for private banking, asset management and international tax planning solutions ...
DATE: Apr 14, 2011
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CATEGORY:
International Business
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YTB International Inc - the online travel company which has recruited at least 700 Bermudians - yesterday announced it has reached a settlement with the Office of the Illinois Attorney General over a civil action complaint alleging the company had vi...
DATE: Apr 13, 2011
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CATEGORY:
International Business
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WASHINGTON (Reuters) - Soaring oil prices and inflation in emerging economies pose new risks to global recovery but are not yet strong enough to derail it, the International Monetary Fund said yesterday.
The global lender’s latest assessment of world...
DATE: Apr 12, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) Bermuda-based telecommunications firm Global Crossing Ltd agreed to be sold to Level 3 Communications Inc for nearly $2 billion.
Level 3, an unprofitable provider of broadband services, jumped the most in almost two years after a...
DATE: Apr 12, 2011
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CATEGORY:
International Business
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Bermuda-based Seadrill has exercised an option to build a new ultra-deepwater dual derrick drillship at the Samsung yard in South Korea for an estimated $600 million.
The total project cost includes project management, drilling and handling tools, sp...
DATE: Apr 12, 2011
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CATEGORY:
International Business
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The local economy, the cost of hiring and retaining talent, the burden of global over-regulation, work permits and the recent volatility of catastrophe events are some of the main concerns for CEOs in Bermuda’s insurance industry.
Also top of the age...
DATE: Apr 11, 2011
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CATEGORY:
International Business
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Premier Paula Cox believes that the idea that Bermuda is a tax haven with shady dealings and shell companies still exists and she intends to tackle it head on.
After beating the drum for Island business in London yesterday when she addressed almost 3...
DATE: Apr 08, 2011
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CATEGORY:
International Business
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