76413 results returned for search: "" category "Business"
Daniel H. Mudd, chief executive of Fannie Mae, knows the feeling when a physician attends a party and a guest wants a diagnosis for a rash or some other unexplained ailment.
In Mudd's case, people want to know about the housing market. Often they ask...
DATE: Feb 23, 2008
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At the request of a reader, I am going to scare the living beeswax out of a couple of thousand of readers. What I have to say is so horrible that they will refuse to believe it, and as a result, when they die, their children will hate them forever.
T...
DATE: Feb 23, 2008
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Belco was the only company to benefit from trading on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The utilities company saw its share price rise 25 cents (1.2 percent) to close at $21.25, with 600 shares traded.
But, Butterfield B...
DATE: Feb 23, 2008
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Labour, Home Affairs and Housing Minister David Burch has said nightshifts could be used to clear the work permit backlog.
Employers groups have been complaining about waiting up to five months to get a work permit approved and Sen. Burch said the fa...
DATE: Feb 22, 2008
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SEATTLE (Bloomberg) - Gold futures surged to a record $958.40 an ounce as a slumping dollar and soaring commodity costs boosted the appeal of the precious metal as an inflation hedge. Silver rose to the highest since 1980.
Gold has more than tripled ...
DATE: Feb 22, 2008
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Plans for a change in US tax rules that could have driven more captive insurance companies to Bermuda have been scrapped.
US tax authority the Internal Revenue Service (IRS) had proposed to prohibit captive insurance companies from deducting from the...
DATE: Feb 22, 2008
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - British retail sales surged in January as consumers pounced on electrical bargains and stocked up for an early Easter — a sign that consumer demand has yet to feel the pinch from the global credit crunch.
Sterling jumped more than ...
DATE: Feb 22, 2008
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Bermudian businessman James Gibbons is poised to become a director of RenaissanceRe Holdings Ltd.
The 44-year-old president and chief executive officer of Capital G Ltd. was named along with two others who will stand for election to the Bermuda reins...
DATE: Feb 22, 2008
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There comes a time in every business cycle when things look glum and the future even glummer.
The Federal Reserve, usually slow to realise all is not well, starts cutting short-term interest rates aggressively. The real-time economic data offer no si...
DATE: Feb 22, 2008
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Bermuda's internet users could be set to receive a doubled speed of internet access thanks to Bermuda Telephone Company (BTC).
In a submission to the Telecommunications Commission, BTC is proposing to upgrade its 2-meg speed to 4-meg, while 3-meg sub...
DATE: Feb 22, 2008
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