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Another Bermuda-based company has announced a change of domicile: health care products company Covidien Ltd, which has been in Bermuda for thirty years, announced last week that it planned to move to Ireland to capitalise on its 'stable economic, legal and regulatory environment.?

Japan's Mitsui Sumitomo Insurance Group Holdings Inc, Aioi insurance co and Nissay Dowa General Insurance Co are in talks to merge, a company source said, in a move that would create the country's ...

Peerless Insurance, which led a wave of insurers fleeing the state's heavily regulated market in the 1980s, said yesterday it plans to be the first new insurer to enter Massachusetts as the state introduces auto insurance competition on April 1.

Textainer Group is cautious about economic conditions even as it surprised on third-quarter estimates by 16.28%.

HONOLULU, Dec. 28 -- President-elect Barack Obama's economic stimulus plan will include an immediate tax cut for middle-class families, and the incoming administration hopes to enact permanent tax cuts soon thereafter, a senior adviser to Obama said Sunday.

The recession will claim 600,000 jobs next year, making 2009 the worst year for job losses in two decades. Overall, job losses from the recession are expected to top one million, taking the total out of work to three million in 2010, employers' groups say today.

(http://www.money-zine.com/Category/Tax-Shelter/)Once again, we're going to start out the New Year with our review of the tax changes for 2009. This publication will outline changes to Social Security, standard deductions, exemptions, mileage rate deductions, earned income credits, Hope and Lifetime Learning tax credits, as well as changes to retirement savings accounts such as 401k plans, IRAs and Roth plans.

A common additive in processed foods could increase the risk of lung cancer by making the body's cells grow out of control, scientists warn today. Inorganic phosphate stimulated chemicals in the bodies of tested mice, causing lung tumours to form and grow, a study found. Researchers have called for the additive to be strictly regulated while further studies are carried out. The Food Standards Agency said it could not comment until its officials had reviewed the study.Phosphate helps build bones, teeth, muscle, and even DNA, but greater use of the additive by food companies has led to health questions. One survey found the amount of phosphate in people's diets rose 17% in the 10 years up to 1993. Use of the additive has soared due to its versatility in improving foods. It is a leavening agent in cakes, it retains moisture in meat, and it is used in fizzy drinks, milkshakes, fruit juice, tinned seafood and cheese.Myung-Haing Cho, at Seoul National University, fed mice prone to developing