76378 results returned for search: "" category "Business"
BEIJING (AP) — The risks of an economic downturn in China are growing and protectionist sentiment abroad could hurt global growth, the country's central bank said yesterday.
"The impact of the international financial crisis is intensifying, and the u...
DATE: Nov 19, 2008
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Web entrepreneurs and brothers Ralph and Brenton Richardson are launching a new website today in the hopes of bringing comfortable, convenient and better local shopping opportunities to Bermuda's consumers.
The site — called Shopaholic (www.shopaholi...
DATE: Nov 19, 2008
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International business leader David Ezekiel yesterday called upon Government to encourage job-creating businesses to Bermuda as the Island faced up to the impact of the global financial crisis.
Speaking at the annual general meeting of the Associatio...
DATE: Nov 19, 2008
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AUTHOR:
Jonathan Kent
CHICAGO (Reuters) - Bermuda-domiciled Covidien Ltd. posted higher-than-expected quarterly earnings on Monday on strong sales of its medical devices, supplies and pharmaceuticals, but lowered its 2009 sales forecast due to the rising dollar.
The compa...
DATE: Nov 19, 2008
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Hardy Underwriting Bermuda Ltd., a Lloyd's of London insurer, said insurance revenue for the first nine months of the year rose 10 percent helped by gains at a new underwriting unit.
Revenue for the nine months ended September 30 increased to £138.6 ...
DATE: Nov 19, 2008
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Keeping the public informed of what is happening with the global and US economies and the impact they are having of Bermuda is the main focus during these tough financial times.
That is according to Finance Minister Paula Cox, who met with Government...
DATE: Nov 19, 2008
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LONDON (Reuters) - Lower prices of petrol and pork in October helped British consumer price inflation to post its biggest drop since records began, falling to an annual rate of 4.5 percent from September's peak of 5.2 percent.
Economists had expected...
DATE: Nov 19, 2008
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Let there be no doubt that the overwhelming victory of President-elect Barack Obama on Tuesday, November 4 was an historic moment for the United States, for the entire world and, in particular, Bermuda.
For Americans, the victory was a strong signal ...
DATE: Nov 19, 2008
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Eight employees from Fidelity International Limited's local office lost their jobs after the company was forced to make cutbacks as it struggles to adapt to plunging financial markets and the global economic crisis.
The investment management company ...
DATE: Nov 18, 2008
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NEW YORK (Reuters) - Citigroup Increvealed plans to cut 52,000 jobs by early next year in a dramatic move to restore the No. 2 US bank to health as it combats mounting debt losses and sagging economies worldwide.
The cuts announced by chief executive...
DATE: Nov 18, 2008
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