Country Profile: Bermuda

HAMILTON, Bermuda, July 27 /PRNewswire-FirstCall/ -- Nabors Industries Ltd. (NYSE: NBR) today announced its financial results for the second quarter and first six months of 2010.  The Company posted adjusted income derived from operating activities of $124.9 million for the current quarter, whi

OSLO (Norway): Norwegian telecommunications group Telenor ASA yesterday said its net profit soared in the second quarter, to 9.5 billion kroner, or US$1.5 billion (US$1 = RM3.22), from 1.4 billion kroner, mainly thanks to a one-time gain related to the completed listing of VimpelCom shares. Telenor made a gain of 6.5 billion kroner after transferring its shares in Kyivstar to the new Bermuda-registered VimpelCom Ltd, in which it now owns a near 40 per cent stake. Revenues for the April-June period rose to 25.2 billion kroner from 24.5 million kroner in the same three months a year earlier. Telenor also announced plans to launch a share buyback programme for around 3 per cent of its outstanding shares and raised its guidance for organic revenue growth in 2010. It is now

SEATTLE, July 20 /PRNewswire/ -- Holland America Line will offer 24 seven-day cruises to Bermuda aboard ms Veendam in 2011, continuing the schedule established this year with weekly cruises to the popular vacation destination. Holland America Line returned to regular Bermuda service departing from

WOOD RIVER, Ill., July 20 /PRNewswire-FirstCall/ -- YTB International, Inc. (OTC Bulletin Board: YTBLA) ("YTB" or the "Company"), a provider of e-commerce business solutions for individual consumers and home-based independent representatives in the United States, Puerto Rico, Bermuda, the Bahamas, t

HAMILTON, Bermuda, July 20 /PRNewswire-FirstCall/ -- Platinum Underwriters Holdings, Ltd. (NYSE: PTP) today reported net income of $124.1 million and diluted earnings per common share of $2.68 for the quarter ended June 30, 2010. The results for the quarter include net premiums earned of $191.4 mil

Bermuda's Stock Exchange President and CEO, Greg Wojciechowski, said today that his recent visit to Bahrain had convinced him that the Gulf state offers Bermuda's financial community a remarkable opportunity to develop commercial relationships thorough out the GCC region.

PEMBROKE, Bermuda, July 20 /PRNewswire-FirstCall/ -- In addition to the recent launch of Syndicate 2232, Allied World Assurance Company Holdings, Ltd (NYSE: AWH) announced today that approval has been received from the Monetary Authority of Singapore (MAS) and Lloyd's Asia to register and operate a