49296 results returned for search: "" category ("Other" AND "Business")
Kentucky Fried Chicken (Bermuda) Ltd. boosted its profits by more than $30,000 for the first half of this year.
The fast food company announced net income of $139,728 for the first six months of 2008 compared with $107,164 for the same period in 2007...
DATE: Oct 06, 2008
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BERLIN (Reuters) - The German government said yesterday it would guarantee private bank deposits as part of its response to the banking crisis, embracing an Irish approach that has angered some European countries.
"The state guarantees private deposi...
DATE: Oct 06, 2008
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Butterfield Bank was heavily traded again yesterday on the Royal Gazette/Bermuda Stock Exchange, with 60,670 shares changing hands, but closed unchanged on the day after hitting a new 52-week low of $12 on Thursday.
The BSX closed at 3.852.51, fallin...
DATE: Oct 04, 2008
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The staggering amounts of money at risk in global markets cite the use of credit default swaps (CDSs) and other types of complex derivatives as contributing factors to the latest global market crisis. The puzzle problem is that hardly anyone really u...
DATE: Oct 04, 2008
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NEW YORK (Reuters) — American International Group Inc, crippled by losses on bad mortgage bets, said yesterday it will focus on its main insurance operations and put the rest of its businesses up for sale to repay up to $85 billion borrowed from the ...
DATE: Oct 04, 2008
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NEW YORK (AP) — Wall Street ended an intensely volatile week with another sell-off yesterday while credit markets remained strained after enthusiasm over the government's $700 billion financial rescue plan gave way to worries about obstacles still fa...
DATE: Oct 04, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index finished a turbulent week in negative territory yesterday as weak energy shares weighed on the market despite the passage of a multibillion-dollar Wall Street bailout package by US lawmakers...
DATE: Oct 04, 2008
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NEW YORK (Bloomberg) — The legislation passed yesterday by the US Congress to unfreeze credit markets (see full story on Page 6) would give the US Treasury almost complete discretion to purchase $700 billion of mortgage-backed securities and other tr...
DATE: Oct 04, 2008
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Until quite recently, Bermuda didn't have many tall buildings. All that has changed, which is handy for residents wanting to end it all, as a result of the financial crisis.
Following a dazzling display of downright stupidity in the US parliamentary ...
DATE: Oct 04, 2008
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LONDON (Reuters) - Marks & Spencer Plc is reining in investment, slashing costs and stepping up promotions amid signs of mounting pressure on UK consumers as banks tighten lending and house prices fall at the fastest rate for 17 years.
The clothing, ...
DATE: Oct 03, 2008
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