49296 results returned for search: "" category ("Other" AND "Business")
A well run and profitable business requires successful management of strategic challenges. Such challenges include decisions about compensation structure, hiring family versus external people, sales goals, profit goals, continuity issues and more. We...
DATE: May 07, 2009
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NEW YORK (Bloomberg) - Assured Guaranty Ltd., the bond guarantor backed by billionaire Wilbur Ross, lost its top insurance rating from Fitch Inc.
The main unit of Hamilton, Bermuda-based Assured was cut two levels to AA from AAA because "mortgage-rel...
DATE: May 07, 2009
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Bermuda could get a significant boost in business from Canada from a tax information exchange agreement (TIEA) just agreed by the two countries.
One of the terms of the deal gives subsidiaries of Canadian companies that are resident in Bermuda the ri...
DATE: May 07, 2009
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LONDON (Reuters) - Bermuda-based Nordic American Tanker Shipping Ltd. posted a quarterly profit that beat market expectations, helped by strong Suezmax spot tanker rates, and declared a quarterly dividend.
Nordic American, which employs 12 of its 13 ...
DATE: May 07, 2009
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Bermuda, the Caymans and the Isle of Man have all been lumped in with a list of other jurisdictions which "allow companies to set up a PO Box number and claim they operate fully there".
A press statement by the US Treasury this week singled out Irela...
DATE: May 07, 2009
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Finance Secretary Donald Scott has written to the OECD to complain that its progress report on international tax transparency is "flawed and misleading" and that some jurisdictions may have been preferentially treated.
The letter, obtained by The Roy...
DATE: May 07, 2009
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AUTHOR:
Jonathan Kent
Belco Holdings Ltd. fell 25 cents (1.51 percent) to $16.25 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The utilities company traded 1,000 shares.
But Argus Group Holdings Ltd. rose 45 cents (6.87 percent) to $7, as 1,000 shares...
DATE: May 07, 2009
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NEW YORK (Bloomberg) - Primus Guaranty Ltd., a manager of $21.5 billion in credit-default swaps that lost its top credit ratings last year, posted a first-quarter net profit as the market value of the derivatives improved.
Net income was $106.8 milli...
DATE: May 07, 2009
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Bermuda-based Associated Electric & Gas Insurance Services Ltd. (AEGIS) has seen its financial strength ratings downgraded to A- (excellent) from A (excellent) and issuer credit rating to "a-" from "a" by AM Best Co.
Both ratings have been removed fr...
DATE: May 07, 2009
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NEW YORK (Reuters) - Marsh & McLennan Cos Inc., the second-largest global insurance broker, posted a first-quarter profit yesterday, reversing a year-earlier loss, as lower costs helped offset a decline in revenue.
The company's largest division, ris...
DATE: May 07, 2009
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