76282 results returned for search: "" category "Business"
Higher employment costs for companies resulting from the payroll tax increase announced in Friday's Budget are likely to result in higher prices for consumers, according to one prominent local boss.
Charles Gosling, managing director of beverage comp...
DATE: Mar 01, 2010
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AUTHOR:
Jonathan Kent
White House: AIG had extraordinary amount of aid
WASHINGTON (reuters) - American International Group Inc has already received an extraordinary amount of government assistance, the White House said Friday, when asked whether the government was in the ...
DATE: Mar 01, 2010
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OSLO (Bloomberg) — Bermuda-based Seadrill Ltd., the offshore drilling company founded by billionaire John Fredriksen, surged the most in six months in Oslo trading on Friday after raising its dividend.
Seadrill jumped 11.4 kroner, or 9.2 percent, to ...
DATE: Mar 01, 2010
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NEW YORK (Bloomberg) — Billionaire Warren Buffett said the US residential real estate slump will end by about 2011, predicting that's how long it will take demand for homes to catch up with the supply.
"Within a year or so, residential housing proble...
DATE: Mar 01, 2010
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NEW YORK (Bloomberg) — Warren Buffett, who cut back sales of protection to insurers because prices were too low, is betting on a rate increase by investing in the only two firms to write more reinsurance than his Berkshire Hathaway Inc.
Buffett has m...
DATE: Mar 01, 2010
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One local business will now have to pay out the equivalent of the annual salary of one of its employees more in payroll tax, its boss revealed in the wake of Budget statement delivered by Finance Minister Paula Cox in the House of Assembly on Friday....
DATE: Mar 01, 2010
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Billionaire investor Wilbur Ross has sold his entire 8.9 percent stake in Montpelier Re Holdings Ltd. back to the Bermuda reinsurer.
Montpelier announced after the close of regular New York Stock Exchange trading on Friday that it had purchased Mr. R...
DATE: Mar 01, 2010
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CATEGORY:
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AUTHOR:
Jonathan Kent
BC-EU--EU-Ireland-Bad Bank, 1st Ld-Writethru,0338
EU approves Irish 'bad bank' plan
BRUSSELS (AP) -- The European Commission on Friday approved Ireland's plan to create a state-owned bank that will secure the future of private banks by absorbing thei...
DATE: Mar 01, 2010
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It has been at least eight years since Moneywise: Bermuda reported in depth on the common mutual fund. The mutual fund investment vehicle (more than 65,000 globally) is still the most favoured structure for pensions, small and large investor portfoli...
DATE: Feb 27, 2010
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The UK has produced notable economists over the years, but John Maynard Keynes, the guru of government intervention, was one of truly global significance.
So it may be fitting that the UK will also become the deathbed of Keynesian economics.
Britain ...
DATE: Feb 27, 2010
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