49296 results returned for search: "" category ("Other" AND "Business")
DETROIT (AP) — Ford Motor Co.'s much ballyhooed 2010 Fusion Hybrid will get 41 city miles per gallon (17.4 kpl) and 36 mpg (15.3 kpl) on highways, based on final certification figures from the US Environmental Protection Agency, the company said.
The...
DATE: Dec 24, 2008
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Bermuda's main US vehicle supplier claims the struggle and subsequent bailout of the big three US automakers has not had a big impact on his business.
Daniel Greenslade, owner of Rayclan Chevrolet, which is supplied by General Motors (GM), one of the...
DATE: Dec 24, 2008
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NEW YORK (Bloomberg) — Like some of Bernard Madoff's clients, a Florida restaurant owner was lucky enough to withdraw part of his investment before the money manager allegedly confessed to a $50 billion Ponzi scheme. Now he's worried he might be aske...
DATE: Dec 24, 2008
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NEW YORK (AP) — Just as they did at the start of the season, more of the nation's stores are pulling marathon hours in the holiday season's finale. But with hardly the crowds at 4 a.m. as there are at 4 p.m., are the extended hours worth it?
Experts ...
DATE: Dec 24, 2008
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Majority shareholder and chairman of Bermuda Broadcasting Co. Ltd. (BBC) and Devonshire Properties Ltd. (DPL) Fernance Perry is seeking to buy the two companies outright, The Royal Gazette can reveal.
Mr. Perry wrote to shareholders in a letter, whic...
DATE: Dec 24, 2008
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It is going to be a tough year coming up for those in the IT sector, according to a report released this week by the OECD.
The IT sector is likely to have grown by four percent at most in 2008 compared to the previous year, but that growth is expecte...
DATE: Dec 24, 2008
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NEW YORK (Bloomberg) — American International Group Inc.'s first sale of an entire insurance unit since its $150 billion bailout signals the company's current divestiture plan may not raise enough money to settle its debts with the US government.
AIG...
DATE: Dec 24, 2008
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NEW YORK (Bloomberg) — XL Capital Ltd., the Bermuda-based insurer, expects a gain of $60 million to $80 million after early termination of a fund with a unit of France's Axa SA.
XL "will be paid a greater share of the remaining funds than was origina...
DATE: Dec 24, 2008
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WASHINGTON (Bloomberg) - Chip companies are turning to armies of patent lawyers to bolster revenue amid the worst market for semi-conductors since 2001.
Qimonda AG, LSI Corp. and Spansion Inc. are among the chip companies using the US International T...
DATE: Dec 24, 2008
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Global health care products company Covidien Ltd. wants to move out of Bermuda to move its corporate headquarters to Ireland.
The company said yesterday it wanted to take advantage of the country's favourable tax structure and location. Four of the c...
DATE: Dec 24, 2008
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