550 results returned for search: "" category ("Economy" AND "Business")
The annual rate of inflation hit 2.2 percent during January 2011, according to the latest figures released by Government.
The Consumer Price Index revealed that inflation was at its lowest since August 2010 when it was two percent.
The health and per...
DATE: Mar 14, 2011
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CATEGORY:
Economy
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HSBC Bermuda's net pre-tax profit rose 15 percent to $254 million in 2010, boosted by a one-off gain from the sale of a subsidiary.
Underlying profit - which strips out the $31 million booked from the transfer of HSBC Insurance (Bermuda) Ltd to anoth...
DATE: Mar 04, 2011
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CATEGORY:
Economy
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NEW YORK (AP) A federal appeals panel reviewing a compensation plan for former clients of disgraced financier Bernard Madoff cast doubt on claims by the embattled owners of the New York Mets and other investors that they have a right to keep millions...
DATE: Mar 04, 2011
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CATEGORY:
Economy
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NEW YORK (Bloomberg) The euro will rally to a 13-month high by June as the European Central bank raises interest rates, then “fade away” as the economy weakens, said John Taylor of FX Concepts LLC, the world’s largest currency hedge fund.
The shared ...
DATE: Mar 04, 2011
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CATEGORY:
Economy
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OMAHA (AP) Billionaire Warren Buffett said yesterday the US economy continues to improve and doesn’t need as much government help as it is currently getting.
Buffett appeared for three hours Wednesday on CNBC four days after releasing his annual lett...
DATE: Mar 03, 2011
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CATEGORY:
Economy
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WASHINGTON (Reuters) - Federal Reserve chairman Ben Bernanke said yesterday the surge in oil prices is unlikely to hurt the US economy unless it is sustained, even as investors sold off equities on fears of a slowdown.
Bernanke, making his first comm...
DATE: Mar 02, 2011
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CATEGORY:
Economy
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Premier Paula Cox said today that the OECD Global Forum in Bermuda this year will provide a shot in the arm for both the Island’s tourism and international business sectors.
The Organisation for Economic Cooperation and Development has sent out offic...
DATE: Feb 28, 2011
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CATEGORY:
Economy
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LONDON (Reuters) Stronger tax revenues helped Britain to a bigger-than-expected budget surplus last month, raising the possibility the government might borrow less than planned in the 2010/11 fiscal year.
However, there is a strong chance Chancellor ...
DATE: Feb 23, 2011
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CATEGORY:
Economy
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TOKYO (Reuters) Moody’s Investors Service warned yesterday that it may cut Japan’s sovereign rating if government policies fall short of comprehensive tax reform needed to bring ballooning public debt under control.
The ratings agency said Japan, whe...
DATE: Feb 23, 2011
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CATEGORY:
Economy
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The total assets of Bermuda’s insurance market rose to almost half a trillion dollars by the end of 2009, after gaining $23.1 billion over the year.
The astounding number, revealed yesterday by financial regulator the Bermuda Monetary Authority, is m...
DATE: Feb 22, 2011
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CATEGORY:
Economy
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