49296 results returned for search: "" category ("Other" AND "Business")
While food prices are soaring across the world it appears that Bermuda stores are helping customers by keeping prices low, and in some instances dropping them!
In fact at Supermart and MarketPlace the same basket of goods cost less than it did in Jun...
DATE: Jul 11, 2008
|
CATEGORY:
Other
|
The face of insurance company regulation in Bermuda is set to change after Government passed the Insurance Amendment Bill 2008 in the House of Assembly earlier this week.
The new bill, which was proposed by Finance Minister Paula Cox, made a number o...
DATE: Jul 11, 2008
|
CATEGORY:
Other
|
LONDON (Reuters) - Marks and Spencer boss Stuart Rose survived one of the biggest shareholder rebellions of recent years yesterday, as 22 percent of investors abstained or voted against his election as executive chairman.
Rose, under fire for combini...
DATE: Jul 10, 2008
|
CATEGORY:
Other
|
WASHINGTON (AP) - Shares of Fannie Mae and Freddie Mac fell yesterday amid continuing fears the mortgage finance companies will be forced to sell more new shares than anticipated to compensate for losses from the housing slump.
The two government-cha...
DATE: Jul 10, 2008
|
CATEGORY:
Other
|
WASHINGTON (AP) - The Pentagon will re-compete a $35 billion contract to build the Air Force's fleet of new refueling tankers and pick a new winner by the end of the year, US lawmakers said yesterday.
Reps. Todd Tiahrt, a Kansas Republican, and Norm ...
DATE: Jul 10, 2008
|
CATEGORY:
Other
|
Banking and insurance were the two big success stories on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
Butterfield Bank boosted its share price by 50 cents (3.22 percent) to finish on $16, as 6,575 shares changed hands.
A total of ...
DATE: Jul 10, 2008
|
CATEGORY:
Other
|
LONDON (AP) — UK homebuilders Bovis Homes Group PLC and Redrow PLC each said yesterday they were slashing staff by 40 percent — more signs of the distress in Britain's dismal and deteriorating housing market.
Bovis reported that sales in the first ha...
DATE: Jul 10, 2008
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) - New York's Chrysler Building, the Art Deco icon that helps define the New York skyline, was bought by an Abu Dhabi sovereign wealth fund.
The sale marked the second purchase of a Manhattan landmark by Middle East investors in a...
DATE: Jul 10, 2008
|
CATEGORY:
Other
|
An innovative new product which insures homeowners against the risk of interest payments on their mortgages going up has proved popular since it was launched by Bermuda-based derivative instrument company Armadillo's MarketGuard Insurance this month....
DATE: Jul 10, 2008
|
CATEGORY:
Other
|
MPs yesterday passed legislation aimed at strengthening regulation of Bermuda's insurance industry.
The Insurance Amendment Act will bring in new standards for capital requirement.
It also expands the classification system for Class 3 insurance compa...
DATE: Jul 10, 2008
|
CATEGORY:
Other
|
