76389 results returned for search: "" category "Business"
Business is booming for Bermuda's boat cruise and charter operators despite companies making cutbacks and tourist numbers plummeting.
Gavaska Lodge, who took over MV Longtail Crusies earlier this year, said it was a case of so far, so good for his ne...
DATE: Jul 17, 2008
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NEW YORK (Bloomberg) — American Airlines parent AMR Corp. rose the most in five years and Delta Air Lines Inc. had its biggest gain in 14 months as the carriers' operating profits beat analysts' estimates and oil fell for a second day.
Both companies...
DATE: Jul 17, 2008
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TORONTO, (Reuters) - The Toronto Stock Exchange's main index finished nearly 150 points higher yesterday as surprisingly strong quarterly results from a US bank invigorated the financial sector and helped the benchmark shake off a weak showing by ene...
DATE: Jul 17, 2008
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Fuel and power costs rose 27.5 percent in the year up to May 2008, but the overall rate of inflation has now dipped below five percent.
Figures released yesterday by the Department of Statistics and show that consumers paid 4.7 percent more for goods...
DATE: Jul 17, 2008
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AUTHOR:
Jonathan Kent
FARNBOROUGH, England (AP) — European plane maker Airbus kept ahead of its US rival Boeing yesterday in the order tally at the Farnborough International Airshow, where leasing companies and Asian and Middle Eastern airlines have been top customers.
Ai...
DATE: Jul 17, 2008
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Bermuda Telephone Company Ltd. (BTC) has implemented carrier Voice over IP technology from communications solutions provider Nortel.
Nortel technology will allow BTC subscribers to use their Bermuda number outside the Island to stay connected regardl...
DATE: Jul 17, 2008
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NEW YORK (Bloomberg) — A US federal judge has made public the reasons why he found against XL Capital Assurance (XLCA) - a unit of Bermuda-based bond insurer Security Capital Assurance (SCA) - in its legal battle with US securities firm Merrill Lynch...
DATE: Jul 17, 2008
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LONDON (Bloomberg) — Chancellor of the Exchequer Alistair Darling said he will delay for six months the Treasury's annual increase in UK fuel duty after crude oil rose to a record.
The duty, which was due to rise two pence a litre from 50.35 pence ($...
DATE: Jul 17, 2008
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Bermuda-based insurer and reinsurer Argo Group expects to report losses of up to $18 million related to severe weather events in the three months from April to June.
The company announced yesterday that pre-tax losses of between $16 million and $18 m...
DATE: Jul 17, 2008
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Government has introduced a raft of new measures aimed at tackling anti-money laundering (AML) and combating the financing of terrorism.
The Financial Intelligence Agency Amendment Act 2008, which was presented by Senator Kim Wilson to the Senate Cha...
DATE: Jul 17, 2008
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