49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — Google avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings show.
By legally funneling profits fr...
DATE: Dec 11, 2012
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Bermuda National Ltd, the parent company of Bermuda Commercial Bank Ltd, announced that at a special general meeting on Friday a private placement with Utilico Investments Ltd was approved by shareholders.
In a statement issued through the Bermuda St...
DATE: Dec 10, 2012
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Residents in Bermuda and other Caribbean countries can now purchase music, books and apps directly from Apple’s iTunes Store.
After spending the last few months releasing a slew of new devices, Apple is now making a huge push this month into countri...
DATE: Dec 07, 2012
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Global fund administrator Equinoxe Alternative Investment Services Ltd is set to hit the $10 billion mark for assets under administration within weeks, just over five years after launching as a Bermuda start-up.
The company, led by chief executive of...
DATE: Dec 06, 2012
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This fixer-upper in St George’s is not for the faint of heart. But it’s priced to sell and has some very attractive features.
First the pros: The two-storey cottage is on nearly one acre of waterfront land, with panoramic water views, potential water...
DATE: Dec 06, 2012
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Following its purchase of a Grenada resort last month, Sandals has now announced it’s bought the Veranda Resort Hotel in Turks and Caicos.
The agreement was reached after “ongoing negotiations” with Turks and Caicos Governor Ric Todd and the TCI gove...
DATE: Dec 05, 2012
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British Airways has extended its seat sale to December 12, offering roundtrip sale fares in World Traveller economy from $840, including all taxes and fees.
Customers can travel outbound until December 16, 2012 and then again from December 24 to Marc...
DATE: Dec 05, 2012
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Butterfield Bank rose 1.6 percent, or 2 cents to $1.25 on the Bermuda Stock Exchange last week as 211,687 shares changed hands.
Bermuda National fell $2 or 16 percent to $10 as 300 shares changed hands.
Argus Group shares fell 7.4 percent, or 25 cent...
DATE: Dec 03, 2012
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By Naresh Chand
Bermuda’s trust industry continues to innovate to create bespoke structures in order to meet the demands of clients for increasingly novel trust solutions.
Recently, for example, I wrote about the increasing use of Reserved Power Tru...
DATE: Nov 30, 2012
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Bermuda Insurance Institute (BII) has partnered with the Wharton School of Business to provide a world class Leadership Development programme in Bermuda.
This programme was launched at a ‘Connections and Cocktails’ event, held at RenaissanceRe yeste...
DATE: Nov 28, 2012
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