550 results returned for search: "" category ("Economy" AND "Business")
The Chamber of Commerce (COC) says urgent action is needed to grow Bermuda’s working population after a spate of established retailers called it quits amid the Island’s struggling economy.
All Wrapped Up, Carole Holding, Foreign Cargo, Wheel’s Cycles...
DATE: Oct 15, 2012
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CATEGORY:
Economy
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Andrew Brimmer, a US economist and prominent advisor to the Bermuda Government, has died at the age of 86.
Dr Brimmer is widely recognised as the first black American to serve as a governor of the US Federal Reserve System.
In Bermuda, he is best kno...
DATE: Oct 11, 2012
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CATEGORY:
Economy
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AUTHOR:
Jonathan Bell
The cancellation of the 2012 Career Fair was a major disappointment but not a surprise according to Bermuda Employer’s Council President Keith Jensen.
Responding yesterday to the news that the annual fair would be cancelled due to a lack of funding, ...
DATE: Oct 10, 2012
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CATEGORY:
Economy
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AUTHOR:
Owain Johnston-Barnes
The annual rate of inflation shot up more than three percent in August as consumers paid more for their healthcare and overseas travel.
Hotel rooms overseas cost 14.6 percent more in August and airfares rose 4.4 percent.
The monthly report from Gover...
DATE: Oct 09, 2012
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CATEGORY:
Economy
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Falling employment income dealt the economy a $100 million blow in the year ending June 30.
The decline in wages and salaries reflects job losses and the weakness of the economy, and is revealed in the latest quarterly data from the Department of Sta...
DATE: Oct 08, 2012
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CATEGORY:
Economy
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Car dealers and other retailers said data showing a surge in sales in July is by no means an indication that the industry is turning a corner in the Island’s economic crisis.
“The market hasn’t bottomed out yet,” said Jonathan Brewin, president and C...
DATE: Sep 19, 2012
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CATEGORY:
Economy
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While Bermuda’s banks remain in good shape financially, they have sharply increased provisions for bad debt as a result of Bermuda’s “poor economic fundamentals”, the Bermuda Monetary Authority said yesterday.
The Authority’s Banking Digest for the s...
DATE: Sep 11, 2012
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CATEGORY:
Economy
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Bermuda’s current account surplus grew to $145 million in the first quarter, reflecting a positive balance in the Island’s transactions with the rest of the world.
However, the Balance of Payments statistics released by Government yesterday indicate ...
DATE: Aug 31, 2012
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CATEGORY:
Economy
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(Bloomberg) — The cost of living in the US was little changed in July for a second month, showing companies lack pricing power.
The unexpected reading in the consumer-price index capped a 1.4 percent gain over the past 12 months, the smallest year-to...
DATE: Aug 16, 2012
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CATEGORY:
Economy
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Retail sales fell in April dashing hopes that four-year slump in the sector may finally be bottoming out. The numbers paint a gloomy picture for the clothing retailers, as sales revenue for apparel stores declined for the third time in four months, f...
DATE: Jun 22, 2012
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CATEGORY:
Economy
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