49296 results returned for search: "" category ("Other" AND "Business")
Stevedoring Services Ltd. suffered a 45 percent fall in profit for the six months ending September 30 due to a loss of stripping revenues and lower cargo volumes. The cargo handlers posted a net profit of $371,940 or 30 cents per share for the six mo...
DATE: Nov 14, 2008
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LONDON (Reuters) - British interest rates will probably fall further, the Bank of England signalled yesterday, with the economy already sliding into recession and unemployment recording its biggest jump since 1992.
One week after the central bank mad...
DATE: Nov 13, 2008
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NEW YORK (Bloomberg) — Bermuda-based Tyco International Ltd., the world's largest maker of security systems, said fiscal 2009 and first-quarter profit will trail analysts' estimates, hurt by a higher US dollar and slowing global economies.
Profit fro...
DATE: Nov 13, 2008
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Heading up an organisation dedicated to offering counselling and support to those in need can be challenging but has many rewards, according to Martha Pitman, the executive director of the Employee Assistance Programme (EAP) of Bermuda.
Over 12,000 l...
DATE: Nov 13, 2008
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Bermuda-based data protection and e-commerce specialist QuoVadis has been appointed to provide certification technology to Liechtenstein's national postal service.
Post Liechtenstein selected QuoVadis to supply the Public Key Infrastructure (PKI) tec...
DATE: Nov 13, 2008
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LONDON (Bloomberg) - HSBC Holdings plc., owners of the Bank of Bermuda, will focus on expansion without acquisitions as the company seeks to control costs, according to insurance head Clive Bannister.
"The emphasis for 2009 is on organic growth," sai...
DATE: Nov 13, 2008
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The clouds of economic gloom may be gathering - but the silver lining for Bermudians is the rising value of the dollar.
Yesterday the pound briefly dropped below $1.50 for the first time since 2002. During the summer, sterling was valued at more than...
DATE: Nov 13, 2008
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AUTHOR:
Jonathan Kent
WASHINGTON (Bloomberg) — General Motors Corp. rose in New York trading after House Speaker Nancy Pelosi urged Congress to pass an auto-industry bailout, embracing the premise that GM is too big to be allowed to fail.
In calling for an emergency aid p...
DATE: Nov 13, 2008
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The Bermuda Commercial Bank yesterday reported an $5.16 million profit, despite seeing a loss of nearly $150 million in deposits as client investment funds hit by the global financial crisis withdrew their money.
BCB president John Sainsbury said the...
DATE: Nov 13, 2008
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CATEGORY:
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AUTHOR:
Jonathan Kent
OFFICE PARTY CUTS: You may not have to worry about embarrassing yourself at your company's holiday party this year. That's because there's a chance they may not have one.
A recent poll of human resource executives found that limits to discretionary s...
DATE: Nov 13, 2008
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