49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Reuters) - US stocks slid as a worldwide flight from riskier assets moved into a second week, fed in part by heightened concerns about the flagging health of the subprime mortgage market.
Lenders to home buyers with poor credit histories we...
DATE: Mar 06, 2007
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The 2006 individual income tax return filing season continues to be plagued with doubt and uncertainty. As noted in last months column, the Internal Revenue Service has not changed the 2006 tax forms to reflect the last minute December 2006 tax legis...
DATE: Mar 06, 2007
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LONDON (Reuters) — HSBC Holdings, the parent company of the Bank of Bermuda, reported a 5 percent rise in 2006 pretax profit to a record $22.1 billion yesterday.But it suffered a $10.6 billion hit for bad debts after problems in its US mortgage lendi...
DATE: Mar 06, 2007
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Former US Vice-President Al Gore will discuss climate change and global risk before an audience including dozens of representatives of the Bermuda insurance industry.
Mr. Gore (pictured), whose film “An Inconvenient Truth” won the 2007 Academy Award ...
DATE: Mar 06, 2007
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The US Treasury has announced another change in the amount of housing expenses that a US citizen or resident alien who lives in Bermuda and who qualifies for the foreign housing exclusion can claim on their 2006 US Federal individual income tax retur...
DATE: Mar 06, 2007
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Entering Lana Flood’s new shop in St. George’s is like walking into an Aladdin’s cave filled with a wonderfully diverse selection of odds and ends that range from bathroom products to general household nic-nacs, second-hand books, and her own home-ma...
DATE: Mar 06, 2007
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AUTHOR:
Scott Neil
TORONTO (Bloomberg) — Canadian stocks fell for a third straight day on concern that demand for the country’s resources may weaken after a report on US service industries suggested the economy is cooling.Materials and energy companies including Teck C...
DATE: Mar 06, 2007
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US taxpayers living in Bermuda will see a reduction in their tax bill after the foreign housing expenses exclusion amount was raised to $72,000.
Last month, the US Treasury had raised the amount of housing expenses a citizen resident on the Island co...
DATE: Mar 06, 2007
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A fifty cents improvement in the price of Butterfield Bank shares helped the Royal Gazette / Bermuda Stock Exchange edge up 26.65 points (0.53 percent) to move back above the 5,000 points mark.
It represented the first movement of the index since las...
DATE: Mar 06, 2007
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LONDON (Bloomberg) — The Bank of England may have to raise interest rates further this year to curb inflation pressures from higher wages, the International Monetary Fund said.Increases in borrowing costs since August are “appropriate to help ensure ...
DATE: Mar 06, 2007
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