49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (Reuters) - Legislation that would boost the tax rate paid by many hedge fund and private equity fund managers was introduced in the US House of Representatives by Democratic Rep. Sander Levin, an aide to Levin said on Friday.
President Ba...
DATE: Apr 06, 2009
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NEW YORK (Bloomberg) - Russia and China should include emerging-market currencies such as the Brazilian real in their reserves as a first step toward developing a global currency to replace the dollar, Ashmore Investment Management Ltd. said.
"Emergi...
DATE: Apr 06, 2009
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MIAMI, USA (Reuters): The government of the Cayman Islands, a major Caribbean financial centre, said it was moving to improve its cooperation to fight tax evasion and played down its inclusion on an OECD "gray list."
"We have taken note of the Cayma...
DATE: Apr 06, 2009
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Bermudian Brian Duperreault took home almost $25 million in compensation for the 11 months of last year that he served as chief executive officer of global insurance brokers Marsh & McLennan Cos.
The bulk of that compensation was in the form of stock...
DATE: Apr 06, 2009
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ZURICH (AP) — Swiss bank UBS AG, which is being investigated by the US for tax fraud, said yesterday that it has forbidden its travel client managers from travelling abroad.
UBS managers who handle clients from countries other than Switzerland are ba...
DATE: Apr 06, 2009
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TORTOLA, British Virgin Islands (AP) — More than 400,000 companies share a few local addresses in this tiny Caribbean financial centre, where their incorporation papers are kept in a gray two-story building.
The vast majority have no employees on the...
DATE: Apr 06, 2009
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The Bermuda Stock Exchange (BSX plunged almost 10 percent last week to hit its lowest level since November 2002.
Over a dismal trading week, The Royal Gazette / BSX Index fell 216 points, or 9.96 percent, to close on 2,166.58.
Weighing on the index w...
DATE: Apr 06, 2009
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NEW YORK (Reuters) - US stocks should rally further this week, if investors get more signs that the economic slump is abating and earnings season does not get off to a rocky start.
Alcoa Inc will report results tomorrow in the unofficial start of fir...
DATE: Apr 06, 2009
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TORONTO (Reuters) - Canadian consumer staple stocks have been a good bet in bad times, with the steady profits of grocers and drugstores offering comfort to battered investors, but savvy shareholders may soon start turning to more cyclical plays.
Bea...
DATE: Apr 06, 2009
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The era of irrational excess is over; the era of rational evaluation has begun. In theory that may be so. But, let's face it, while various guys who are heads of various governments (except for Angela Merkel) are spending their time over at the hub o...
DATE: Apr 04, 2009
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