583 results returned for search: "" category ("Economy" AND "Business")
Six jobs have been lost at Key Management Services (KMS), the company confirmed yesterday.
Three managers and three line staff, one of them a part-time employee, were let go.
Leslie Rans, chief financial officer of parent company the KeyTech Group, c...
DATE: Jul 19, 2011
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CATEGORY:
Economy
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Thirty-five people will be made redundant at Aircraft Services Bermuda Ltd (ASB) following the closure of certain parts of the company’s airport operations, parent company Bermuda Aviation Services (BAS) announced yesterday.
All of the positions are ...
DATE: Jul 19, 2011
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CATEGORY:
Economy
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Homes sales in Bermuda have plummeted from almost 600 properties being closed on four years ago, to less than 100 changing hands in the first half of the year.
And the average sale price of condos (below $32,400 annual rental value) has dropped 25 p...
DATE: Jul 19, 2011
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CATEGORY:
Economy
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Business Bermuda promoted the Island’s commitment to growing its Islamic finance sector at the inaugural Islamic Financial News European Forum held in London.
At the event, which was held last week and endorsed by the London Stock Exchange, investors...
DATE: Jul 12, 2011
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CATEGORY:
Economy
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Bank depositors will be covered for up to $25,000 of their cash in their bank under legislation for a new deposit insurance scheme tabled by Premier and Finance Minister Paula Cox on Friday.
Plans for the Island's first such scheme have been in the w...
DATE: Jul 11, 2011
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CATEGORY:
Economy
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An strengthened framework to combat money-laundering has brought a sharp increase in prosecutions and seizures, according to Attorney General and Minister of Justice Michael Scott.
Mr Scott told MPs in the House of Assembly that the work of the Nati...
DATE: Jul 11, 2011
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CATEGORY:
Economy
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BEIJING (Reuters) - China’s central bank will raise interest rates once more this year before pausing in its current policy tightening cycle and keep rates on hold in the first half of 2012, a Reuters poll showed.
The People’s Bank of China raised in...
DATE: Jul 08, 2011
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CATEGORY:
Economy
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LONDON (AP) - The Bank of England has kept its key interest rate at an all-time low of 0.5 percent as the tepid economic recovery in Britain continues to outweigh concerns over inflation.
Yesterday’s decision by the nine-member Monetary Policy Commit...
DATE: Jul 08, 2011
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CATEGORY:
Economy
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FRANKFURT (Bloomberg) - European Central Bank (ECB) President Jean-Claude Trichet signalled he may raise interest rates again in coming months and will ease Portugal’s access to emergency funds as officials battle both faster inflation and the debt c...
DATE: Jul 08, 2011
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CATEGORY:
Economy
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PARIS (Bloomberg) - World food prices rose in June as the cost of sugar, meat and dairy increased, adding to inflationary pressure that has prompted central banks across the world to raise interest rates.
An index of 55 food commodities rose to 233.8...
DATE: Jul 08, 2011
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CATEGORY:
Economy
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