49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (AP) - Wall Street capped a volatile week with sharp gains yesterday as oil prices tumbled and after Federal Reserve Chairman Ben Bernanke said inflation pressures are likely to moderate. The Dow Jones industrial average rose nearly 200 poin...
DATE: Aug 23, 2008
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It proved to be a day of big losses on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
In the insurance sector BF&M Ltd. dropped $1.50 (7.5 percent) to close at $18.50, while utilities firm Belco Holdings Ltd. fell 40 cents (1.86 perc...
DATE: Aug 23, 2008
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TORONTO (Bloomberg) - Canadian stocks fell for the first time in three days, paring the main index's weekly gain, as lower commodity prices dragged down energy and raw-material producers.
EnCana Corp. declined as crude oil futures tumbled the most si...
DATE: Aug 23, 2008
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LONDON (Bloomberg) - Amlin plc., a Lloyd's of London insurer that does a quarter of its business in Bermuda, said first-half profit slumped on lower investments returns.
Net income fell to £108.1 million ($201.6 million), or 22.5 pence a share, for t...
DATE: Aug 22, 2008
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A story in yesterday's Business section, erroneously stated that in 2002, the Bank of Bermuda's board of directors had approved the outsourcing of IT applications. Although this was discussed, the move was never approved or implemented.
DATE: Aug 22, 2008
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There is more supply than demand in the Bermuda's residential property market, in both the sales and rental sectors.
That is according to Buddy Rego, president of Rego Sotheby's International Realty and chairman of the Real Estate Chamber of Commerce...
DATE: Aug 22, 2008
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Craig Simmons, a lecturer in economics at Bermuda College, addresses some of the big issues affecting Bermuda residents' livelihoods in the current environment.
Much of the rise in the cost of living we have seen in recent months has been put down to...
DATE: Aug 22, 2008
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The slowdown in the global and local economy is having a mixed impact on the Island's banking and mortgage sector.
According to banks across Bermuda, the US economic crisis has had a knock-on effect on their customers and where they are putting their...
DATE: Aug 22, 2008
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MINNEAPOLIS (AP) - The Federal Aviation Administration (FAA) is proposing an $18,000 civil penalty against United Airlines for two maintenance violations the FAA said occurred before a United jet skidded off a runway and ended up in three feet of sno...
DATE: Aug 22, 2008
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TORONTO (Reuters) - The main index of the Toronto Stock Exchange finished about 1.4 percent higher yesterday, as energy and materials producers rallied on the back of stronger commodities.
The price of US crude hit $121.18 a barrel, up $5.62, driven ...
DATE: Aug 22, 2008
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