76342 results returned for search: "" category "Business"
LONDON (AP) — New data released yesterday provided further signs of a pick-up in the British housing market, with a survey showing that the number of new mortgages jumped by 29 percent in March.
The Council of Mortgage Lenders said that a total of 31...
DATE: May 15, 2009
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Digicel Bermuda customers will be able to receive calls from other users of the network for free in a move which could be set to revolutionise the Island's telecommunications industry.
As of yesterday, all Digicel phone users with post-paid plans or ...
DATE: May 15, 2009
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The chairman of an influential House subcommittee said the federal government, not the states, should have the primary responsibility for overseeing the insurance industry.
Representative Paul Kanjorksi, a Pennsylvania Democrat, said the need for man...
DATE: May 15, 2009
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LONDON (AP) — British insurer Prudential PLC said yesterday that first-quarter sales fell five percent, weighed by weak markets in Asia and Europe.
The company reported sales of £697 million ($1.05 billion), down five percent from the same quarter a ...
DATE: May 15, 2009
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Butterfield Bank boosted its share price by 10 cents (two percent) on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank finished the day at $5.10, with 10,200 shares traded.
Argus Group Holdings Ltd. also rose 10 cents (1.44 pe...
DATE: May 15, 2009
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WASHINGTON (AP) — New jobless claims rose more than expected last week due partly to an increase in lay-offs by the US automobile industry, while the number of Americans continuing to receive unemployment benefits set a record for the 15th straight w...
DATE: May 15, 2009
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DETROIT (Bloomberg) — Chrysler LLC is seeking to reject 789 automotive dealership agreements, many located in the suburbs of major US cities, according to court papers filed in US Bankruptcy Court in Manhattan.
The company wants to break its contract...
DATE: May 15, 2009
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TORONTO (Reuters) - Toronto's main stock index snapped a three-day slide yesterday, climbing nearly 140 points as the big materials, energy and financials sectors led a broadbased rally.
The materials and energy groups began the session lower, spurre...
DATE: May 15, 2009
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NEW YORK (Reuters) - The trustee recovering money for the defrauded customers of swindler Bernard Madoff's firm asked the court to stop two Kingate funds and the Bank of Bermuda from transferring money.
Trustee Irving Picard said in court documents t...
DATE: May 15, 2009
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WASHINGTON (Reuters) - President Barack Obama should tackle deferral of corporate taxes within the context of broader tax reform and not separately, the chairman of a key US congressional panel said yesterday. "They need to distinguish between deferr...
DATE: May 15, 2009
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