75993 results returned for search: "" category "Business"
The rate of inflation hit 2.5 percent during the month of May, driven by the rising cost of health care and increases in the rental and food prices.
It was the second highest rate rise of the year on a par with March, up from 2.4 percent in April, bu...
DATE: Jul 07, 2011
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CATEGORY:
Economy
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The value of imports in the first three months of this year fell to their lowest level for a first quarter since 2003, data suggesting a shrinking economy.
The Quarterly Bulletin of Statistics for the first quarter of 2011, released by Government yes...
DATE: Jul 07, 2011
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CATEGORY:
Economy
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LONDON/PARIS (Reuters) - International banks and insurers will meet today to thrash out a plan for the private sector to contribute to Greece’s bailout effort as fears grow that the proposal will be derailed.
The Institute of International Finance (...
DATE: Jul 06, 2011
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CATEGORY:
Economy
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NEW YORK (Bloomberg) The corporate tax holiday on foreign profits being debated by Congress may help strengthen the dollar after its worst first half since 2006.
Companies from Pfizer Inc to Cisco Systems Inc may use the reduction in income tax on re...
DATE: Jul 06, 2011
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CATEGORY:
International Business
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Butterfield Bank’s preference shares fell 1.6 percent ($20) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded two shares to close at $1,230.
It also saw 14,300 common shares change hands as it dropped 0.7 percent (one cent) to $1.40.
The...
DATE: Jul 06, 2011
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CATEGORY:
Bermuda Stock Exchange
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Kentucky Fried Chicken (Bermuda) Ltd’s profits dropped by more than one quarter during fiscal 2011 as sales continued to decline and staff costs rose.
The fast food outlet’s net income dropped $67,176 or 11 cents per share, to $167,480, or 29 cents p...
DATE: Jul 06, 2011
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CATEGORY:
Local Business
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Bermuda-based Kingate Management Ltd had just three employees purportedly running an operation that fed $1.7 billion to con man Bernard Madoff’s company in New York and racked up hundreds of millions of dollars in fees.
More light has been shed on Ki...
DATE: Jul 06, 2011
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CATEGORY:
International Business
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SAN FRANCISCO (AP) - A year after Hewlett-Packard Co purchased flailing Palm, the technology behemoth is rolling out the first tablet that uses Palm’s webOS operating system.
The July 1 release should be a triumph for HP, showcasing its ability to co...
DATE: Jul 06, 2011
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CATEGORY:
Technology
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Nova Ltd has announced that it has won the 2011 Microsoft Country Partner of the Year Award for Bermuda.
The company was honoured among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer...
DATE: Jul 06, 2011
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CATEGORY:
Technology
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Local paper goods and gift shop Pulp & Circumstance has opened its doors in Washington Lane, Hamilton with a new look and feel.
The new location, formerly home to North Rock Communications, has been completely renovated and now boasts 3,000 square fe...
DATE: Jul 05, 2011
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CATEGORY:
Local Business
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