49296 results returned for search: "" category ("Other" AND "Business")
Finance Minister Paula Cox does not believe that Bermuda is likely to suffer anything similar to the ever-widening international tax evasion probe being focused on Liechtenstein.
Both German and British tax authorities have paid for data linked to ac...
DATE: Feb 27, 2008
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AUTHOR:
Jonathan Kent
LONDON (Bloomberg) — Bermuda-based Golar LNG, the liquefied natural gas- tanker business whose chairman is Norwegian billionaire John Fredriksen, said fourth-quarter profit slumped and the market in 2008 will "present some challenges."
Net income dro...
DATE: Feb 27, 2008
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MBIA, the world's biggest bond insurer, is stepping up its campaign against what it sees as an unfair tax advantage for its Bermuda-based rivals.
In a letter to shareholders this week, MBIA's new chief executive officer Joseph (Jay) Brown suggested t...
DATE: Feb 27, 2008
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Butterfield Bank shares rose 10 cents (0.6 percent) to close at $18.10 yesterday on The Royal Gazette/Bermuda Stock Exchange Index.
The bank also traded 19,573 shares.
Other big traders included Devonshire Industries Ltd. (3,350 shares), Bermuda Comm...
DATE: Feb 27, 2008
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NEW YORK (AP) - Wall Street reversed earlier losses and rallied yesterday after IBM approved a $15 billion stock buy-back, suggesting to investors that there are still some companies out there with financial muscle. The Dow Jones industrial average r...
DATE: Feb 27, 2008
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Continued uncertainty over the capital remediation plans of Bermuda-based Security Capital Assurance (SCA) and the change in credit profile of XL Capital has led AM Best Co. to downgrade the debt rating of $134 million floating rate insured notes iss...
DATE: Feb 27, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index pushed higher for a third day in a row yesterday, propelled by strong financials and rising energy shares as oil hit a record high settlement.
The oil and energy group, which accounts for ab...
DATE: Feb 27, 2008
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Improving telecommunications links and connectivity in the Caribbean was the theme for a meeting held at Elbow Beach Hotel yesterday.
The Caribbean Telecommunications Union (CTU)'s 18th Executive Council meeting, which was hosted by Government, featu...
DATE: Feb 27, 2008
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Orient-Express Hotels Ltd. swung to a fourth-quarter loss due to an impairment charge and other items, but adjusted results managed to top analysts' estimates.
The Bermuda-based owner and manager of hotels, restaurants and other properties reported a...
DATE: Feb 27, 2008
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STOCKHOLM (Bloomberg) — Bermuda-based West Siberian Resources Ltd., the Stockholm-traded oil producer operating in Russia, dropped the most in three months in Stockholm trading after saying sales in Russia fell short of analyst estimates.
West Siberi...
DATE: Feb 27, 2008
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