49296 results returned for search: "" category ("Other" AND "Business")
Stepping up its scrutiny of offshore investing, the IRS demanded that hedge-fund and private-equity investors disclose hundreds of billions of dollars they have invested offshore. This is part of a crack down on questionable use of offshore tax haven...
DATE: Jun 26, 2009
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Media House Ltd. posted a profit of $3.4 million for the six months up to March 31, 2009 — a fall of $0.5 million compared to the same period a year before.
The company, which owns a number of printing, media and Internet concerns in the US and the C...
DATE: Jun 26, 2009
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LONDON (AP) — Oil major BP Group PLC surprised the industry by revealing yesterday it has selected current L.M. Ericsson chief executive Carl-Henric Svanberg as its new chairman, ending a two-year hunt to fill the position.
Svanberg, who will be repl...
DATE: Jun 26, 2009
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Max Capital Group Ltd. has announced that its US-based excess and surplus (E&S) lines subsidiary Max Specialty Insurance Co. will underwrite professional liability business.
Edward Neuberger, a professional liability underwriter with a record of prof...
DATE: Jun 26, 2009
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TORONTO (Reuters) - Toronto's main stock index shot higher in a broad-based rally yesterday as a rise in oil and gold prices lit a fire under the resource-heavy index and lifted it higher for the week.
The energy sector rose four percent to lead the ...
DATE: Jun 26, 2009
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HOUSTON, June 25 (Reuters) - After spending a week in jail, Texas financier Allen Stanford pleaded not guilty yesterday to 21 criminal charges that he ran a $7 billion Ponzi scheme.
The once high-flying billionaire and sports promoter has been in fed...
DATE: Jun 26, 2009
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Citigroup yesterday made 15 of the staff in its Bermuda offices redundant as part of a series of job cuts worldwide, The Royal Gazette has learned.
The financial services company employs around 230 people at its Citi Hedge Fund Services and Citigroup...
DATE: Jun 26, 2009
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Dockwise announced yesterday that it expects to reduce its debt by $58 million to just below $963 million by the end of the second quarter of 2009.
The reduction will be driven by the release of the remaining $40.6 million held in the Mighty Servant ...
DATE: Jun 26, 2009
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Tyco Electronics Ltd. has delisted from the Bermuda Stock Exchange (BSX), it was announced yesterday.
The de-listing was made at Tyco's request and was effective as of yesterday.
DATE: Jun 26, 2009
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The average price of a condominium in Bermuda has dropped by approximately 11 percent during this year as the economic downturn impacts parts of the property market.
Those were the findings of Coldwell Banker in its Real Estate Sales Update for June ...
DATE: Jun 26, 2009
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