49296 results returned for search: "" category ("Other" AND "Business")
State governments already in financial trouble are losing billions of dollars in business taxes nationwide because the money is hidden in corporate tax shelters, according to a new report released Tuesday.
The report states that reincorporating in ha...
DATE: Jul 16, 2003
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The Royal Gazette/Bermuda Stock Exchange index dipped by 0.07 percent yesterday after the little traded stock Watlington Waterworks lost 27.3 percent of its value.
The water company, which supplies piped water to parts of the Island, lost $1.50 to cl...
DATE: Jul 16, 2003
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Brokerage opens Bermuda operation
London-based brokerage Miller Insurance Services Ltd. has opened an operation in Bermuda.
Miller Bermuda Ltd. will place business in the Bermuda market on behalf of Miller clients, the company said in a statement.
Th...
DATE: Jul 16, 2003
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KNOXVILLE, Tennessee - A month after Warren Buffett received a copy of mobile home magnate Jim Clayton's self-published memoir, the billionaire investor's Berkshire Hathaway Inc. made a $1.7 billion offer for Clayton Homes Inc.
But some shareholders ...
DATE: Jul 16, 2003
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NEW YORK (Reuters) - Accenture Ltd., the world's largest consulting firm, yesterday said quarterly earnings rose 15 percent as lower tax rates and a weak U.S. dollar offset a shift to lower-margin back-office operations.
Officials of the Bermuda-base...
DATE: Jul 16, 2003
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Companies that have moved their headquarters out of the United States to avoid paying their taxes received nearly $1.5 billion in contracts from the federal government in 2002, Rep. Richard Neal said on Monday.
Congressman Neal has been trying to rev...
DATE: Jul 16, 2003
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Bermuda could have avoided becoming the “poster boy” for tax dodging in the United States had Government acted more quickly and halted the stream of corporate inversions, said Shadow Finance Minister Grant Gibbons.
Speaking on the state of Bermuda's...
DATE: Jul 15, 2003
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The Royal Gazette/Bermuda Stock Exchange Index yesterday fell 10.14 points to close at 2,470.05.
Two of the Island's banks dominated activity on the Exchange with the Bank of Butterfield chalking up the highest volume of trading. The Company saw 5,19...
DATE: Jul 15, 2003
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A programme brought in to improve training and efficiency has helped Bermudianise the workplace, a Government Minister said yesterday.
Terry Lister, Minister of Labour, Home Affairs and Public Safety, was speaking last week about the Investors in Peo...
DATE: Jul 15, 2003
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NEW YORK (Reuters) - Maurice Greenberg, whose American International Group Inc. has paid out hundreds of millions of dollars in claims from corporate scandals, said yesterday that recent reforms only diverted executives' attention from day-to-day bus...
DATE: Jul 15, 2003
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