76383 results returned for search: "" category "Business"
LONDON (Reuters) - Two million Britons may be out of work by Christmas and big cuts in interest rates are needed now to stop the economy heading into a deep and prolonged slump, Bank of England policymaker David Blanchflower told Reuters.
In an inter...
DATE: Aug 29, 2008
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Bermuda is not first choice as a new domicile for UK-based Brit Insurance, whose chief executive officer says the island's political stability is a concern.
Speaking at a press conference in London, yesterday, Brit's group CEO Dane Douetil said Bermu...
DATE: Aug 29, 2008
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AUTHOR:
Jonathan Kent
NEW YORK (AP) - Wall Street barrelled higher yesterday after a better-than-expected reading on the gross domestic product (GDP) and a drop in jobless claims gave investors some reassurance that the economy is holding up. The Dow Jones industrial aver...
DATE: Aug 29, 2008
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NEW YORK (Reuters) - Oil prices fell nearly $3 yesterday after the US government and the International Energy Agency pledged to release emergency stockpiles if Tropical Storm Gustav disrupted US oil production.
US crude dropped $2.82 to $115.33 a bar...
DATE: Aug 29, 2008
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Bermuda can boast having 16 of the world's 35 top reinsurers, according to a survey published by rating agency AM Best.
In a table of companies ranked according to gross premiums written in 2007, Everest Re Group was the highest-ranked Bermuda compan...
DATE: Aug 28, 2008
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AUTHOR:
Jonathan Kent
SACRAMENTO, California (AP) — The less California motorists drive, the less they'll pay for auto insurance under a proposed regulation.
State Insurance Commissioner Steve Poizner yesterday announced a plan that will give drivers the option of paying ...
DATE: Aug 28, 2008
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Striving to achieve world-class performance was the theme for an event laid on by Bermuda Olympic sprinter Xavier James for the Bank of Bermuda staff.
The Rewards and Recognition event, which was held at the Fairmont Hamilton Princess last Thursday, ...
DATE: Aug 28, 2008
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LONDON (AP) - Diageo plc., the world's largest producer and distributor of alcoholic drinks, is expected to deliver near on-target profit growth when it posts its full-year results today, but its outlook will be closely scanned for evidence of any im...
DATE: Aug 28, 2008
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Bermuda-based Bacardi makes the world's top-selling rum with annual sales of 20 million cases in more than 150 countries. But it does not sell a drop in Cuba, where founder Facundo Bacardi first opened a tin-roofed, dirt-floored distillery on Matader...
DATE: Aug 28, 2008
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Bermuda-based Aspen Insurance Holdings' reinsurance unit has been named "Best Global Reinsurance Company for Specialty Lines" by Reactions magazine for the second consecutive year.
Each year the readership of Reactions magazine is polled to assess wh...
DATE: Aug 28, 2008
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