49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Reuters) - Britain came to the aid of its struggling car industry yesterday, announcing it will guarantee up to £2.3 billion ($3.25 billion) of loans to help it cope with a slump in demand due to the credit crunch.
The government will guarant...
DATE: Jan 28, 2009
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NEW YORK (Bloomberg) — Bermuda-based Cooper Industries Ltd., the maker of Halo-brand lighting, said it increased its planned workforce reductions to more than 2,200 jobs globally as economic conditions deteriorated.
The increased job cuts, from an ea...
DATE: Jan 28, 2009
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WASHINGTON (AP) — Sales of existing homes posted an unexpected increase last month, as sales of bargain-basement foreclosures in California and Florida boomed, closing out the worst year for the US real estate market in more than a decade.
Analysts, ...
DATE: Jan 27, 2009
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Plans to waive cabin taxes for cruise ships in the ports of Hamilton and St. George's for the next three years by Government have been welcomed by Bermuda's business community.
Chamber of Commerce president Phil Barnett said that shopkeepers, restaur...
DATE: Jan 27, 2009
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Age: 23
Role: Associate, Client Services, Aardvark Communications Ltd.
What is your job? My job is basically to interact with the clients to figure out their strategic marketing and communications needs, how they can effectively market their organisa...
DATE: Jan 27, 2009
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A Bermuda delegation is at a conference in Miami this week to try to help the Island's hedge funds industry win business.
Bermuda International Business Association (BIBA) chief executive officer Cheryl Packwood is leading the group attending the GAI...
DATE: Jan 27, 2009
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Bermuda has an ace up its sleeve when it fights with other jurisdictions for Latin American business. That ace is Appleby's Eduardo Fox, second cousin of former Mexican President Vicente Fox, who has spent the best part of two decades promoting the I...
DATE: Jan 27, 2009
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NEW YORK (AP) — Pfizer Inc. is buying rival drugmaker Wyeth in a $68 billion deal that will increase its revenue by 50 percent, solidify its No. 1 ranking in the troubled industry and transform it from a pure pharmaceutical company into a diversified...
DATE: Jan 27, 2009
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NEW YORK (Bloomberg) — Caterpillar Inc., the world's largest maker of bulldozers and excavators, said it's cutting 20,000 jobs and profit and sales will trail analysts' estimates this year because of the deepest recession in a quarter century.
The jo...
DATE: Jan 27, 2009
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LONDON (AP) — Shares in Barclays PLC surged more than 70 percent yesterday after the bank said it expects pretax profits for 2008 to be well over £5.3 billion ($7.3 billion), despite £8 billion worth of asset write-downs at its investment banking div...
DATE: Jan 27, 2009
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