76472 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — Consumer spending in the US increased more than forecast in February, reflecting higher gasoline prices that left Americans with less cash for other goods. A measure of inflation accelerated.The 0.6 percent gain in spending fol...
DATE: Mar 31, 2007
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SMALL-capitalisation stocks are at it again. As the first quarter of 2007 comes to a close, they are doing the same thing they have done every year since the end of the 1990s. They are outperforming big stocks in the US market.Through the middle of t...
DATE: Mar 31, 2007
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NEW YORK (AP) — Stocks ended higher in volatile trading yesterday as investors weighed fears about mounting tension in Iran against a report that indicated better-than-expected US economic growth.The major indexes bounced around, and spent most of th...
DATE: Mar 30, 2007
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ORLANDO, Florida (AP) — Try shopping for a “Watchman” on Sony’s web-site, and all you’ll find is music. Though the company kept making the handheld TV for two decades, it never caught on like the Walkman, or, more recently, the iPod.Yet it was earlie...
DATE: Mar 30, 2007
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The Royal Gazette Bermuda Stock Exchange fell 23 points yesterday on a day of light trading which saw two issues decline and none advance.
Bermuda Commercial Bank Ltd. fell 75 cents (7.9 percent) to close at $8.75 as 100 shares sold.
Argus Group Hold...
DATE: Mar 30, 2007
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THIS year’s Cricket World Cup, overshadowed by the still-unsolved murder of Pakistan coach Bob Woolmer in his Jamaican hotel room, has brought the 400-year-old game into disrepute.The police are investigating the possibility, among others, that Woolm...
DATE: Mar 30, 2007
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KABUL, Afghanistan (AP) — Afghanistan’s national airline could be days from collapse due to corruption, mismanagement and a crippling airplane lease that has drowned the struggling airline in debt.The government is scrambling to court investors to pr...
DATE: Mar 30, 2007
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LONDON (Bloomberg) — Lloyd’s of London, the world’s biggest insurance market, returned to profit in 2006, helped by lower claims and higher rates for hurricane coverage.Pretax profit last year was $3.7 billion ($7.3 billion), compared with a loss of ...
DATE: Mar 30, 2007
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A.M. Best has downgraded the financial strength rating of Bermuda-based The Steamship Mutual Underwriting Association Ltd. and its UK operation Steamship London to B++ (Good) from A- (Excellent). The outlook for both ratings is stable.
Best said its ...
DATE: Mar 30, 2007
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Fairmont Bermuda announced the hiring or promotion of 11 Bermudians in the first quarter of 2007.
Stanley Ray has been promoted to director of catering for the Fairmont Hamilton Princess. Mr. Ray brings a wealth of food & beverage/hospitality experie...
DATE: Mar 30, 2007
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