76422 results returned for search: "" category "Business"
Bermuda's variable-rate mortgage holders got a boost yesterday when three of the Island's biggest lenders announced a a cut in their borrowing rates.
Butterfield Bank was the first to announce a 0.25-percent cut in its base rate.
HSBC Bank of Bermuda...
DATE: Jan 23, 2008
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AUTHOR:
Jonathan Kent
It's good times for those in the information security profession, with demand for their services rising. The 2006 (ISC)²/IDC Global Information Security Workforce Study indicates that the number of professionals in the career world-wide will increase...
DATE: Jan 23, 2008
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LONDON (AP) — Pearson PLC, the publishing company that owns the Financial Times newspaper, forecast record annual profits yesterday, saying that businesses across the group achieved sales growth.
Pearson, which also publishes Penguin books and textbo...
DATE: Jan 23, 2008
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LONDON (Bloomberg) — British Airways Plc, Europe's third-largest airline, was downgraded to "neutral" from "buy" at Merrill Lynch after the bank cut its profit estimate for the carrier, citing a weaker economy and higher fuel prices.
Merrill analyst ...
DATE: Jan 23, 2008
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Government should consider amending or even scrapping work permit time limits as they are potentially driving skilled workers out of Bermuda and into the arms of its competitors, Chamber of Commerce president PhilBarnett said yesterday. Speaking abou...
DATE: Jan 23, 2008
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CHARLOTTE, North Carolina (AP) — Hurt by the deepening credit crisis, Bank of America Corp. said yesterday its fourth-quarter earnings fell 95 percent, and Wachovia Corp. reported that profit tumbled 98 percent.
Net income at Bank of America, the nat...
DATE: Jan 23, 2008
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Fears over an imminent US recession, a weak American dollar and the sub-prime mortgage crisis have failed to impact significantly on Bermuda's housing market.
That is according to Coldwell Banker Bermuda Realty's agency manager Susan Thompson, who cl...
DATE: Jan 23, 2008
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Bermuda-based White Mountains Insurance Group is building up its interests in online insurance.
The company, which owns Esurance, announced yesterday that it had paid $30 million for a 42 percent stake in Answer Financial Inc.'s outstanding debt and ...
DATE: Jan 23, 2008
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CATEGORY:
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AUTHOR:
Jonathan Kent
SUNNYVALE, California (AP) — Battered by slow revenue growth and the popularity of social networking websites, Yahoo Inc. is poised to lay off hundreds of workers, according to published reports.
The New York Times and The Wall Street Journal have bo...
DATE: Jan 23, 2008
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NEW YORK (Bloomberg) — New York's insurance department is drafting stronger regulations to stabilise the market for bond insurers.
Insurance Superintendent Eric Dinallo said in a statement yesterday his office is drafting new regulations that would "...
DATE: Jan 23, 2008
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