537 results returned for search: "" category ("Economy" AND "Business")
Liquidators of the folded Bermuda branch of the British American Insurance Company (BAICO) have struck a deal to sell the insurer’s Front Street building.
The sum raised by the sale, which has been agreed subject to contract, has not been revealed an...
DATE: Jun 02, 2011
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CATEGORY:
Economy
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NEW YORK (Reuters) US consumers turned more pessimistic this month, while home prices fell back below crisis-era lows in March, pointing to an economy that continues to struggle.
There were also more signs of softness in manufacturing, as a barometer...
DATE: Jun 01, 2011
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CATEGORY:
Economy
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BERLIN/VIENNA (Reuters) European officials met yesterday to sketch out options for a second bailout package for Greece, with private sector participation still under discussion to help relieve the country of its massive debt burden.
Senior EU finance...
DATE: Jun 01, 2011
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CATEGORY:
Economy
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A new tax convention put forward by the Organisation for Economic Co-operation and Development (OECD) would be the “death penalty” for Bermuda and other jurisdictions, according to Dan Mitchell, of US think tank the Cato Institute.
Mr Mitchell, who w...
DATE: Jun 01, 2011
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CATEGORY:
Economy
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Bermuda took centre stage for the third meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes this week under the watchful eyes of the rest of the world.
The Island played host to the Organisation for Economic Co-op...
DATE: Jun 01, 2011
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CATEGORY:
Economy
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The Organisation for Economic Co-operation and Development (OECD) Global Forum being held in Bermuda this week is testament to the Island becoming one of the first jurisdictions to implement the new international standards on tax information exchange...
DATE: May 31, 2011
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CATEGORY:
Economy
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The tax threat from the US still exists very much but Bermuda is in a far stronger position than it was a year ago.
That is according to Eli Lehrer, vice-president of US think tank The Heartland Institute, who was on the Island last week meeting with...
DATE: May 30, 2011
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CATEGORY:
Economy
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PARIS (Bloomberg) The US and Japan must set out plans to reduce their budget deficits as the global economy expands, the Organisation for Economic Cooperation and Development said.
The budgetary efforts needed to “merely stabilise debt are substantia...
DATE: May 26, 2011
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CATEGORY:
Economy
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BF&M Ltd saw its 2010 earnings dip 11.7 percent last year as claims from Hurricane Igor and the rising cost of healthcare took their toll.
Yesterday the company announced a full-year profit of $17.3 million, representing a return of 10 percent on sha...
DATE: May 20, 2011
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CATEGORY:
Economy
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In an uncertain world, there are few countries that offer investors a lower level of risk than Canada, according to HSBC's Canadian economist Stewart Hall.
Toronto-based Mr Hall, who visited Bermuda yesterday to speak with HSBC Bermuda staff and inve...
DATE: May 19, 2011
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CATEGORY:
Economy
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