49296 results returned for search: "" category ("Other" AND "Business")
Only two issues traded yesterday as The Royal Gazette / Bermuda Stock Exchange index dropped a third of a percentage point.
The vast majority of trading activity centred on Butterfield Bank, with 46,500 shares changing hands as the bank fell five cen...
DATE: Nov 27, 2008
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BERLIN (AP) — Chancellor Angela Merkel said Wednesday that Germany faces a "year of bad news" in 2009 but insisted her government will do what is necessary to ensure Europe's biggest economy weathers the financial crisis.
Germany fell into recession ...
DATE: Nov 27, 2008
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DETROIT (Bloomberg) — Chrysler LLC, seeking to eliminate 25 percent of its salaried workforce by year-end, is pressing those employees to take buyouts or early retirement by today to help reach its goal without firings.
Chrysler said last month it wa...
DATE: Nov 26, 2008
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Five of Bermuda's top up-and-coming entrepreneurs took centre stage at the first annual Global Entrepreneurship Week Rocket Pitch Competition.
The contest was won by Jimmy Pereira, of ImportBDA, for his idea of biodegradeable food service products. S...
DATE: Nov 26, 2008
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NEW YORK (Bloomberg) — General Motors Corp., seeking US aid to survive, must significantly cut debt and labour costs and may still need a government-backed bankruptcy to remain viable, Merrill Lynch & Co. and JPMorgan Chase & Co. analysts said.
A bri...
DATE: Nov 26, 2008
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British Airways has announced a sale for its first class and Club World (business class) customers on all travel between December 2 and March 22, 2009.
The sale applies to round-trip fares between Bermuda, the US, Canada and London and Europe and pri...
DATE: Nov 26, 2008
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Like its Vista operating system, Microsoft's Word 2007 qualifies as one of the greatest mistakes by a company everyone loves to hate. Unlike Vista, Word 2007 is actually an advance on the previous version.
You do not need Word 2007 if you are not a d...
DATE: Nov 26, 2008
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Butterfield Bank dropped 25 cents (2.17 percent) to close at $11.25 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
It was the only activity on the Index, as the bank traded 2,120 shares.
Overall the Index closed down 43.68 points ...
DATE: Nov 26, 2008
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OSLO (Bloomberg) — Bermuda-based Seadrill Ltd., the Norwegian oil-rig owner set up by billionaire John Fredriksen, hopes to start paying a dividend again next year once financial markets stabilise, according to chief executive officer Alf Thorkildsen...
DATE: Nov 26, 2008
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NEW YORK (Bloomberg) — Bermuda-based Teekay Corp., the world's largest oil-tanker owner, said yesterday profit since 2003 was $185 million less than previously reported because it failed to properly account for the value of derivatives.
Net income fr...
DATE: Nov 26, 2008
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