550 results returned for search: "" category ("Economy" AND "Business")
LONDON (Reuters) - Britain’s prized triple-A credit rating will likely stay in place even if there is some slippage in the government’s growth forecasts providing its debt reduction plans remain on track, Fitch credit ratings agency said yesterday.
B...
DATE: Oct 11, 2011
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CATEGORY:
Economy
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A Bermudian woman told us how she was laid off from her underwriting position at a major reinsurer a year ago, and is now working as a cashier at a supermarket, because she cannot find another job in international business. She has also taken on temp...
DATE: Oct 11, 2011
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CATEGORY:
Economy
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WASHINGTON (AP) The US economy is showing signs of modest improvement not enough to reduce high unemployment but enough to ease fears that another recession might be near.
Fewer people applied for unemployment benefits last week, though some of that ...
DATE: Sep 30, 2011
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CATEGORY:
Economy
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Bermuda’s food supply is “vast” and its distribution system highly varied but food prices will continue to increase, and the Island remains dangerously vulnerable to sudden, high-impact “surprise” events.
The good, the bad and the unknown were aired ...
DATE: Sep 30, 2011
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CATEGORY:
Economy
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AUTHOR:
Jonathan Bell
A Willowbank worker has spoken of the “hurt and frustration” of staff as the 50-year-old hotel prepares to close.
The woman, who did not want to be named, says even though the 46 full and part-time staff are struggling to come to terms with losing t...
DATE: Sep 30, 2011
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CATEGORY:
Economy
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July saw possibly the biggest exodus of people from Bermuda, reflected in the latest retail sales figures which continued to decline for the 39th consecutive month.
That is according to Paula Clarke, chairman of the Bermuda Chamber of Commerce’s reta...
DATE: Sep 27, 2011
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CATEGORY:
Economy
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Relaxing the Island’s 60/40 rule could help local companies raise significant capital in the challenging economic times.
This is according to financial analysts, who said if Government changed the rule and allowed more domestic companies to sell the...
DATE: Sep 26, 2011
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CATEGORY:
Economy
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Retail sales volume fell for the 39th straight month, driven by plummeting motor vehicle sales.
Sales dropped by 8.5 percent in volume and 6.1 percent in value during July as consumer demand weakened in four of the seven retail sectors.
Motor vehicle...
DATE: Sep 23, 2011
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CATEGORY:
Economy
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Bermuda-based Omega Insurance Holdings is now the subject of a three-war bidding war after Lloyd’s of London insurer Barbican yesterday announced a bid to buy nearly a quarter of the company.
Barbican’s 84p per share bid trumps that of Haverford (Ber...
DATE: Sep 23, 2011
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CATEGORY:
Economy
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By Jonathan Kent
Premier Paula Cox and joined former Premier Sir John Swan on a panel at a conference focusing on infrastructure in Miami yesterday.
The discussion marked the start of KPMG’s “Infrastructure Summit: An Island Perspective of a Global C...
DATE: Sep 23, 2011
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CATEGORY:
Economy
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