3259 results returned for search: "" category "International Business"
The Association of Bermuda International Companies completed its 2022 Annual General Meeting at O’Hara House, with Wayne Smith taking over as the new executive director from the retiring Richard Winchell.
Mr Winchell, who occupied the seat for 16 yea...
DATE: Dec 13, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Felix Edgren has been named Apex Group Ltd. regional head of corporate product – Nordics, effective today.
Based in Sweden and reporting to HP van Asselt, global head of corporate products & growth, Mr Edgren will be responsible for leading the deliv...
DATE: Dec 13, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bunge Limited, the American agribusiness and food company, has announced that its board of directors has unanimously approved moving its place of incorporation from Bermuda to Switzerland.
Under the proposal, Bunge would become a Swiss corporation. T...
DATE: Dec 12, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
After five days of hearings last week, the Court of Appeals will entertain final written submissions in an appeal of a lawsuit that saw a unit of Credit Suisse end up on the wrong side of a $600 million judgment in the Supreme Court.
And the appeals ...
DATE: Dec 12, 2022
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
A Bill that aims to update the classification of securities — financial instruments such as any share of stocks on a company, bonds or debentures — under the Bermuda Monetary Authority Act 1969 was passed in the House of Assembly on Friday.
In readin...
DATE: Dec 12, 2022
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CATEGORY:
International Business
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AUTHOR:
Sarah Lagan
The board of directors of Bermudian-based Triton International Limited, the world’s largest lessor of intermodal freight containers, has approved an increase in the size of the company’s existing share repurchase authorisation to $400 million.
Brian ...
DATE: Dec 12, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
A legal case involving the Spice Girls was cited by a lawyer as he attempted to fight a $550 million Supreme Court judgment against a Bermuda unit of one of the world’s largest investment banks.
The Court of Appeal hearing is the next chapter in the ...
DATE: Dec 08, 2022
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
A Bermudian-based shipping company is to hold a special general meeting on the island this month to seek shareholder approval for its redomiciliation to Cyprus.
Frontline Ltd, which is engaged primarily in the ownership and operation of oil tankers a...
DATE: Dec 08, 2022
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
Bermudian-based Signet Jewelers Limited, the world’s largest retailer of diamond jewellery, has reported GAAP operating income of $48.4 million for the 13 weeks ended October 29.
The company said that third-quarter fiscal 2023 result was down from $1...
DATE: Dec 07, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Annexus, the US-based retirement product design company, has announced that Athene BCA 2.0 Suite of Fixed Indexed Annuities, one of its flagship FIAs, won the "FIA of the Year" award at the SPi USA 2022 Awards for Excellence ceremony.
Athene is a Ber...
DATE: Dec 07, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff