76472 results returned for search: "" category "Business"
Bacardi will have no problem raising the estimated $5 billion needed to buy the Swedish makers of the world-famous Absolut Vodka brand.
The Bermuda-based company has been in contact with the government of Sweden to express interest in acquiring the s...
DATE: Mar 07, 2007
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AUTHOR:
Scott Neil
SEATTLE (AP) — Microsoft is taking aim at Google Inc.’s rival book-scanning project, saying the search company “systematically violates copyright”.In prepared remarks he delivered yesterday to a publishing industry group, a Microsoft Corp. lawyer als...
DATE: Mar 07, 2007
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LONDON (Bloomberg) — Bermuda-based Golden Ocean Group Ltd., a raw-materials shipping company spun off from Frontline Ltd., sold a commodities carrier for a “positive result” of $10.8 million.The line sold Golden Dena, a so-called panamax vessel with ...
DATE: Mar 07, 2007
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Belco and Butterfield Bank shares fell in value by 50 cents as the Royal Gazette / Bermuda Stock Exchange ended 35.84 points (-0.71 percent) lower at 4,984.91.
Stocks valued at $761,770 changed hands. There was trading of 10,470 shares of Butterfield...
DATE: Mar 07, 2007
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THE Nintendo GameCube might have been my sons’ pride and joy for four years, but it was relegated to the kids’ small television and not once did it earn a connection to our main family room TV.Our Wii game console, however, is having a hard time leav...
DATE: Mar 07, 2007
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Cheaper airfares and lower gas station fuel prices were part of the reason for the monthly inflation rate dropping from 3.4 percent to 2.8 percent between December and January.
The latest Consumer Price Index figures also show a fall in clothing and ...
DATE: Mar 06, 2007
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AUTHOR:
Scott Neil
NEW YORK (Reuters) - US stocks slid as a worldwide flight from riskier assets moved into a second week, fed in part by heightened concerns about the flagging health of the subprime mortgage market.
Lenders to home buyers with poor credit histories we...
DATE: Mar 06, 2007
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The 2006 individual income tax return filing season continues to be plagued with doubt and uncertainty. As noted in last months column, the Internal Revenue Service has not changed the 2006 tax forms to reflect the last minute December 2006 tax legis...
DATE: Mar 06, 2007
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LONDON (Reuters) — HSBC Holdings, the parent company of the Bank of Bermuda, reported a 5 percent rise in 2006 pretax profit to a record $22.1 billion yesterday.But it suffered a $10.6 billion hit for bad debts after problems in its US mortgage lendi...
DATE: Mar 06, 2007
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Former US Vice-President Al Gore will discuss climate change and global risk before an audience including dozens of representatives of the Bermuda insurance industry.
Mr. Gore (pictured), whose film “An Inconvenient Truth” won the 2007 Academy Award ...
DATE: Mar 06, 2007
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