49296 results returned for search: "" category ("Other" AND "Business")
Bermuda is described as an "offshore secrecy jurisdiction" in legislation put forward by Sen. Obama himself, in conjunction with Sen. Carl Levine and Sen. Norm Coleman.
The Stop Tax Havens Abuse Act names Bermuda and 33 other jurisdictions, including...
DATE: Nov 06, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda's insurance industry will face "policy challenges" with the new Obama administration on international business taxation and the management of natural catastrophe risk.
That is the view of Bradley Kading, of the Association of Bermuda Insurers...
DATE: Nov 06, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — Bermuda-based Primus Guaranty Ltd., a manager of $23 billion in credit-default swaps, posted a wider third-quarter net loss as it marked down the value of its contracts.
The net loss widened to $390.2 million, or $8.63 a share,...
DATE: Nov 06, 2008
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Residents should be relieved but cautious following news that Bermuda is still operating at a healthy surplus in its trade with the rest of the world, economist Craig Simmons said.
The Bermuda College lecturer said that the second quarter of 2008 Bal...
DATE: Nov 06, 2008
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CATEGORY:
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Atlantic Tele-Network Inc. boosted its revenue by 16 percent or $7.8 million to $55.9 million during the third quarter of 2008.
The company, which is a part owner of Bermuda-based CellularOne, saw its operating income increase 17 percent for the quar...
DATE: Nov 06, 2008
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CATEGORY:
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Belco Holdings Ltd. and Argus Group Holdings Ltd. suffered the biggest losses on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
Belco fell 85 cents (4.87 percent) to $16.60, with 300 shares trade, while Argus dropped 25 cents (2.43 p...
DATE: Nov 06, 2008
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CATEGORY:
Other
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The value of Bermuda's insurance industry to the US economy means Barack Obama is unlikely to push for legislation that would damage it after he takes office as the US President next January.
That's the view of Association of Bermuda International Bu...
DATE: Nov 06, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Offshore law firm Conyers Dill & Pearman (CDP) has announced the election of Alec Anderson to The American College of Trust and Estate Counsel (ACTEC) based on his professional ability and work in trusts and estates law.
Mr. Anderson is a partner bas...
DATE: Nov 06, 2008
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NEW YORK (Bloomberg) - Bermuda-based MF Global Ltd., the derivatives broker whose chief executive officer resigned last week, said profit in the fiscal second quarter fell 64 percent because of severance payments and a decline in futures volume in Au...
DATE: Nov 06, 2008
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CATEGORY:
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Well the election has been decided today, and who won? I can say technology has certainly been shown to be a winner.
First, Barack Obama showed how politicians can use the internet and e-mail to get out volunteers to encourage people to vote and also...
DATE: Nov 05, 2008
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CATEGORY:
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