49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — Becton, Dickinson & Co. was awarded $58.4 million by a federal judge in a patent case against a Tyco International Ltd. spin-off, and won an injunction blocking the sales of infringing hypodermic needle safety shields.
A jury i...
DATE: Oct 31, 2008
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Bermuda-based industrial giant Foster Wheeler has won a contract to manage a project to establish a new oil refinery in Libya.
The company announced yesterday that its Milan-based subsidiary Foster Wheeler Italiana S.p.A. was awarded the contract by ...
DATE: Oct 31, 2008
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Counsellors at Bermuda's Employee Assistance Programme (EAP) opened 1,021 new cases last year, EAP chairperson Martha Pitman told the organisation's AGM yesterday.
These clients were in addition to files carried over from the previous year yet still ...
DATE: Oct 30, 2008
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NEW YORK (Bloomberg) — The Federal Reserve cut its benchmark interest rate by half a percentage point to one percent, matching a half-century low, in an effort to avert the worst US economic downturn in the postwar era.
"Downside risks to growth rema...
DATE: Oct 30, 2008
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NEW YORK (Reuters) - Ace Ltd. chief executive Evan Greenberg yesterday chided insurers asking to take part in a taxpayer-funded financial rescue, saying the motivation is not real need but access to "cheap capital".
"Taxpayers should be a last resort...
DATE: Oct 30, 2008
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The Royal Gazette/Bermuda Stock Exchange fell slightly yesterday to close at 3,667.20. The BSX dropped 18.30 points (0.50 percent) on a day which saw only three stocks active.
Butterfield Bank traded 11,377 shares and closed unchanged at $12.
Also ac...
DATE: Oct 30, 2008
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A large number of Bermuda insurance and reinsurance executives are this week attending two key industry gatherings that are a world apart.
In Germany at the Black Forest spa town of Baden Baden, and in Scottsdale, Arizona in the US, reinsurers and in...
DATE: Oct 30, 2008
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LONDON (Reuters) - British mortgage approvals rose last month for the first time in over a year, data showed yesterday, but analysts cautioned the marginal pick up from August's record low did not portend a housing market recovery.
Mortgage lending l...
DATE: Oct 30, 2008
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Current economic woes are translating directly into more stress in the workplace as employees worry about the fate of their jobs, their companies and their families in addition to the usual inter-office politics and frustrations.
But challenges can b...
DATE: Oct 30, 2008
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Bermuda and Germany have begun talks on a tax information exchange agreement.
A Government statement sent out last night said officials from the Finance Ministry and the Attorney General's Chambers had concluded the first round of negotiations on the...
DATE: Oct 30, 2008
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AUTHOR:
Jonathan Kent
