49296 results returned for search: "" category ("Other" AND "Business")
New Premier Paula Cox intends to extend the agreement that gives international companies an exemption from local corporate taxes.
The current Exempted Tax Certificate expires in 2016 and is a cornerstone of Bermuda's attractiveness as a corporate dom...
DATE: Nov 05, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
SAN FRANCISCO (AP) — CBS Corp. pounced on an advertising revival in the broadcast media to produce a 53 percent increase in its third-quarter net income.
The results announced yesterday mark the third consecutive quarter of financial improvement at C...
DATE: Nov 05, 2010
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NEW YORK (Reuters) - US stocks extended a rally that started in September to close at two-year highs yesterday, a day after the Federal Reserve unveiled a plan to boost the economy.
A bullish read on consumers also boosted shares as many retailers po...
DATE: Nov 05, 2010
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Bermuda-based reinsurer Validus Holdings Ltd. has named its chief financial officer Joseph (Jeff) Consolino as president of the company, effective November 15, 2010.
Mr. Consolino replaces George Reeth, who recently announced his intention to step do...
DATE: Nov 04, 2010
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XL Insurance has announced the appointment of Michael Garceau as chief operating officer (COO) of its North America property and casualty (P&C) unit.
He will join the company on November 8, 2010, reporting to Seraina Maag, XL Insurance's chief execut...
DATE: Nov 04, 2010
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The Bermuda Employers' Council (BEC) has welcomed the appointment of Paula Cox as Premier and her pledge to cut Government spending and take control of the issuing of contracts and procurement to businesses.
Martin Law, executive director of the BEC,...
DATE: Nov 04, 2010
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Butterfield Bank announced a third-quarter net loss of $18.6 million last night, as results were impacted by problem loans to hospitality projects in Bermuda and The Bahamas.
The bank made provisions related to those loans of $14.2 million and also b...
DATE: Nov 04, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
LONDON (AP) — The union representing British Airways cabin crew staff has lost its court appeal against the airline's decision to reduce the number of staff on flights.
The Court of Appeal ruled yesterday that the changes instigated by BA in November...
DATE: Nov 04, 2010
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Orient Express Hotels Ltd. made a net loss of $22.5 million or 25 cents per share during the third quarter of 2010, but boosted its total revenue, excluding real estate, by 14 percent or $19.2 million to $159 million.
The Bermuda-based company, which...
DATE: Nov 04, 2010
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VATICAN CITY (AP) — The head of the Vatican bank met yesterday with Italy's economy minister amid an investigation by Rome prosecutors into alleged violations of Italy's anti-money laundering rules at the bank.
The Vatican said the meeting was a regu...
DATE: Nov 04, 2010
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CATEGORY:
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