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Insurance proved to be the busiest sector on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday, with Argus Group (Holdings) Ltd. boosting its share price, but BF&M Ltd. seeing its value decline.
Argus closed up 15 cents (1.51 percent) at...
DATE: Dec 12, 2008
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Devonshire Industries Ltd. saw its profits fall 1.32 percent to $286,326 for the six months ending September 30, 2008 from $290,170 for the same period last year.
The paints manufacturer and owner of the Bermuda Paint Company reported a 4.79 percent ...
DATE: Dec 12, 2008
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KINGSTON, Jamaica (AP) - Britain's second-largest telecoms company is dismissing about 1,200 workers at its Caribbean operations as part of a regional restructuring.
Cable & Wireless plc. says lay-offs at the newly renamed LIME operation will affect ...
DATE: Dec 11, 2008
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Do you have a business owner or entrepreneur on your gift list? With the holidays fast approaching, you may be struggling to find that perfect item. Here are five gift ideas that can inspire and help the recipient to achieve a more profitable and suc...
DATE: Dec 11, 2008
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Bermuda's insurers will have to comply with a new set of reporting standards after three acts were passed by MPs in the House of Assembly yesterday.
The Insurance Accounts Amendment Regulations Act 2008, the Insurance Returns and Solvency Amendment R...
DATE: Dec 11, 2008
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TORONTO (Bloomberg) - Canadian stocks rose a third time in four days, led by metals and energy producers, as commodity prices rallied on speculation bailouts and economic stimulus measures around the world will boost demand.
Goldcorp Inc. gained 12 p...
DATE: Dec 11, 2008
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WASHINGTON (AP) — A $14 billion rescue package for America's imperiled auto industry sped to approval in the US House last night, but the emergency bailout was still in jeopardy from Republicans who were setting out roadblocks in the Senate.
Democrat...
DATE: Dec 11, 2008
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Ironshore has pulled off a double coup after it announced the appointment of Shaun Kelly as head of US operations late on Tuesday night.
Mr. Kelly, who was chief operating officer at New York-based American International Group's (AIG) Lexington Co., ...
DATE: Dec 11, 2008
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Retailers are feeling the pinch from the economic downturn as the volume of sales fell by 6.3 percent in October in real terms, according to the latest figures released by Government.
The Department of Statistics' Retail Sales Index revealed it was t...
DATE: Dec 11, 2008
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Former Premier Sir John Swan has warned that Bermuda needs to wake up and realise it faces "severe consequences" from the global recession, including more job losses and falling property values.
The businessman said Bermuda's economy was hugely relia...
DATE: Dec 11, 2008
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AUTHOR:
Jonathan Kent
