49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based Advent Re contributed £4.9 million ($9.6 million) in full-year 2007 profits to British parent company Advent Capital, whose net income rose 10 percent to £25.2 million.
Advent's reinsurance arm also produced £6 million of Advent Capital...
DATE: Feb 25, 2008
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The 2008 Budget will have no real impact on Bermuda's property market.
That is the view of Buddy Rego, chairman of the real estate division of the Chamber of Commerce, and president of Rego Sotherby's, who reckons the one-percent increase in stamp du...
DATE: Feb 25, 2008
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It is annual pension review time again. The Bermuda National Pension scheme structure, implemented almost nine years due to the endeavours of the dedicated group of volunteers, professionals and politicians in Bermuda, still exists and is growing.
Th...
DATE: Feb 23, 2008
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Daniel H. Mudd, chief executive of Fannie Mae, knows the feeling when a physician attends a party and a guest wants a diagnosis for a rash or some other unexplained ailment.
In Mudd's case, people want to know about the housing market. Often they ask...
DATE: Feb 23, 2008
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At the request of a reader, I am going to scare the living beeswax out of a couple of thousand of readers. What I have to say is so horrible that they will refuse to believe it, and as a result, when they die, their children will hate them forever.
T...
DATE: Feb 23, 2008
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Belco was the only company to benefit from trading on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The utilities company saw its share price rise 25 cents (1.2 percent) to close at $21.25, with 600 shares traded.
But, Butterfield B...
DATE: Feb 23, 2008
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Labour, Home Affairs and Housing Minister David Burch has said nightshifts could be used to clear the work permit backlog.
Employers groups have been complaining about waiting up to five months to get a work permit approved and Sen. Burch said the fa...
DATE: Feb 22, 2008
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SEATTLE (Bloomberg) - Gold futures surged to a record $958.40 an ounce as a slumping dollar and soaring commodity costs boosted the appeal of the precious metal as an inflation hedge. Silver rose to the highest since 1980.
Gold has more than tripled ...
DATE: Feb 22, 2008
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Plans for a change in US tax rules that could have driven more captive insurance companies to Bermuda have been scrapped.
US tax authority the Internal Revenue Service (IRS) had proposed to prohibit captive insurance companies from deducting from the...
DATE: Feb 22, 2008
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - British retail sales surged in January as consumers pounced on electrical bargains and stocked up for an early Easter — a sign that consumer demand has yet to feel the pinch from the global credit crunch.
Sterling jumped more than ...
DATE: Feb 22, 2008
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