49296 results returned for search: "" category ("Other" AND "Business")
A controversial Euro list of dodgy tax jurisdictions that included Bermuda has been dealt a blow after Poland said the Island should not have been included on its submission.
The move came after the European Commission unveiled the 30-jurisdiction ‘b...
DATE: Jun 22, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The head of a Bermuda-based investment fund has been charged with fraud in a complaint lodged by the US Securities and Exchange Commission (SEC).
Dr Hans Black, who controls Interinvest, which has a Bermuda arm, is accused of funnelling millions of d...
DATE: Jun 19, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Finance Minister Bob Richards yesterday hit back after Bermuda was put on an EU blacklist as part of bid to crack down on multinational companies dodging tax.
And he pledged to raise the problem with EU officials on a trip to Europe next week.
Mr Ric...
DATE: Jun 19, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A new design-build competition backed by architects and construction firms has been launched.
‘Benched’, which is aimed at students in high school and university, will entail designers, builders and students teaming together to design and create a be...
DATE: Jun 19, 2015
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Utilities firm Ascendant saw 7,100 shares change hands on The Royal Gazette/BSX.
The trades left the firm’s share price unchanged at $5.
The only other trade was 100 Bank of Butterfield preference shares, which also left the price unchanged at $1,135...
DATE: Jun 19, 2015
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CATEGORY:
Other
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The traditional, and the most frequently used, method for an overseas company to establish a presence in Bermuda is to do so by incorporating a Bermuda subsidiary.
There is, however, an alternative.
Generally, as a matter of Bermuda law, an oversea...
DATE: Jun 18, 2015
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CATEGORY:
Other
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Financial services investment firm Somers Ltd yesterday posted a $7.5 million loss for the six months to the end of March.
The firm — which owns the Bermuda Commercial Bank (BCB) and investment firm Waverton — said that valuation losses and negative ...
DATE: Jun 18, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda has been named by the European Union as a country that is not doing enough to crack down on tax avoidance.
The Island was one of 30 countries on the list published by the EU’s executive Commission today.
“These tax havens cover the five conti...
DATE: Jun 17, 2015
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Fresh. This week I have had an experience that once again has reinforced my feeling that taking a fresh look at things is critically important and even enlightening. The Bermuda Diabetes Association brought a team of executives from the International...
DATE: Jun 16, 2015
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CATEGORY:
Other
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Only Butterfield Bank shares traded on the Bermuda Stock Exchange today.
A total of 9,000 of the bank’s shares, worth $14,490, saw the bank close one cent (0.62 per cent) up at $1.61.
The Royal Gazette/BSX Index closed up 4.46 points (0.38 per cent) ...
DATE: Jun 16, 2015
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CATEGORY:
Other
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