76239 results returned for search: "" category "Business"
LONDON (AP) — The British government, which is poised to lay off hundreds of thousands of employees, announced yesterday that it will slash its pay-offs to long-serving civil servants who lose their jobs.
Francis Maude, the minister in charge of the ...
DATE: Jul 07, 2010
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NEW YORK (AP) — Wal-Mart's Sam's Club chain is teaming up with a lender to offer loans of up to $25,000 to its small business members.
The programme is one of several moves the retail giant has made to offer bank-like financial services to customers,...
DATE: Jul 07, 2010
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LONDON (AP) — BP PLC said yesterday it has no plans to issue new shares to help pay for the Gulf of Mexico oil spill, giving its shares a further boost amid rumors of interest from sovereign wealth funds.
BP spokesman Mark Salt said that BP "is alway...
DATE: Jul 07, 2010
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LONDON (Bloomberg) — bBermuda-based Maiden Holdings Ltd., the reinsurer that provides coverage to AmTrust Financial Services Inc., agreed to buy GMAC International Insurance Services to add sales in Europe.
Maiden Holdings will get renewal rights on ...
DATE: Jul 07, 2010
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Bermuda reinsurer Ariel Holdings Ltd. is set to sell Valiant Insurance Group Inc. for about $55 million to First Mercury Financial Corp., the holding company for speciality commercial insurer First Mercury Insurance Co.
First Mercury said it would us...
DATE: Jul 07, 2010
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With elections coming in November, it is doubtful that a major tax bill will be passed in the next four months, but what we are seeing is "revenue raisers" being attached to spending bills as an offset. One such measure is a Social Security increase ...
DATE: Jul 06, 2010
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In Hamilton, like any other city, car dealerships tend to cluster together on the outskirts — where rent is cheaper and space more plentiful.
So when a life-size Mini Cooper appeared on the Church Street sidewalk across from City Hall last month, man...
DATE: Jul 06, 2010
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The Bermuda Stock Exchange's (BSX) CEO Greg Wojciechowski and his delegation met with his counterpart at the Bahrain Stock Exchange, director Fouad Rahman Rashid at Bahrain Financial Harbour yesterday.
During the visit, both parties discussed the pos...
DATE: Jul 06, 2010
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With the economy coming back, employers are increasingly worried about retaining stressed-out employees who survived cutbacks, pay and benefit reductions and increased workloads, experts say.
Some employers are taking the opportunity to review their ...
DATE: Jul 06, 2010
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Woodbourne Associates Ltd.'s executive vice-president and chief quantity surveyor Paul Lowry has announced his retirement from full-time work after 50 years in the profession.
Mr. Lowry, who will continue in the capacity of a part-time consultant and...
DATE: Jul 06, 2010
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