49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (AP) - Wall Street gave up a big early advance yesterday as the price of oil rose, with stocks closing moderately higher but demonstrating how anxious investors are about inflation and the overall health of the economy.
Word late in the sess...
DATE: Jun 13, 2008
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LONDON (Bloomberg) - Tanker drivers for Royal Dutch Shell plc., who deliver gasoline to 10 percent of the UK's filling stations, will start a four-day strike over pay today after talks with their employers broke down.
The Unite union, representing 64...
DATE: Jun 13, 2008
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LONDON (Bloomberg) — Opec wants a "solution" to record oil prices and an examination of the role of energy speculators when governments of oil-consuming and producing countries meet later this month in Saudi Arabia, Opec's secretary general said.
Hea...
DATE: Jun 12, 2008
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XL Re, the global reinsurance operations of XL Capital Ltd., is set to move into the Brazilian market after being given regulatory approval to serve the reinsurance industry there.
The newly admitted reinsurer, XL Re Latin America, will run offices ...
DATE: Jun 12, 2008
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LONDON (Bloomberg) — Russia, the world's second-largest oil supplier, may continue to experience declining production as the government seeks to lure investment, BP chief executive officer Tony Hayward said.
Russia's tax system takes 90 percent of a ...
DATE: Jun 12, 2008
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With truckers across Europe continuing their protests over rising fuel prices The Royal Gazette asked local truckers how it was impacting them.
Truckers across the board complained that with oil reaching more than $137 a barrel, as of yesterday, the ...
DATE: Jun 12, 2008
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LOS ANGELES/CHICAGO (Reuters) - Whether it is Salmonella in tomatoes or E. coli-tainted spinach, outbreaks of food-borne illness are scaring people away from some foods and shaking their confidence in US food safety procedures.
"Food in the US is all...
DATE: Jun 12, 2008
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NEW YORK (Bloomberg) — MBIA Inc. won't contribute $900 million to its bond-insurance unit, downgraded from AAA by Standard & Poor's last week, as the company re-evaluates its business strategy.
The holding company will keep the money, raised through ...
DATE: Jun 12, 2008
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A Bermuda registered company is looking to acquire a licence to distribute biofuels across the Caribbean.
Infinite Holdings Group, Inc. announced yesterday that it has entered into a letter of intent with Pioneer Petroleum to acquire an initial licen...
DATE: Jun 12, 2008
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KeyTech Ltd. saw its share price rise 45 cents (3.32 percent) to close up at $14 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The utilities company also traded 3,000 shares throughout the day.
The only other trader was Butterfie...
DATE: Jun 12, 2008
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