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The Bermuda Stock Exchange (BSX) sunk lower - this time by 13.6 points (0.72 percent) to 1,881.34 yesterday.
The Index traded 75,508 shares worth BD$327,112.50 and 2,000 shares worth US$21,400.
Butterfield Bank also continued its slide, dropping 3.5 ...
DATE: Feb 24, 2010
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GENEVA (Reuters) - Mobile phone subscriptions will buck the economic crisis and top five billion this year, but the high speed Internet remains a "digital divide" between rich and developing countries, a United Nations (UN) agency said yesterday.
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DATE: Feb 24, 2010
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Bermuda-based insurer Lancashire Holdings Ltd. officially opened its swish new offices in the Power House this week.
With natural light pouring into every room, management is hoping the move along Par-la-Ville Road from its previous home in Mintflowe...
DATE: Feb 24, 2010
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ALBANY, New York (AP) — Wall Street bonuses were up 17 percent to over $20 billion in 2009, the year taxpayers bailed out the financial sector after its meltdown, New York state Comptroller Thomas DiNapoli said yesterday.
Total compensation at the la...
DATE: Feb 24, 2010
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CHICAGO (Reuters) — For US retailers that sell everything from toilet paper to refrigerators, 2010 may be more about winning sales from competitors than getting consumers to buy a lot more.
Discounters like Target Corp and Sears Holdings Corp's Kmart...
DATE: Feb 24, 2010
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WASHINGTON (Bloomberg) — Two senators proposed a bipartisan overhaul of the tax code that would reduce the top US corporate tax rate to 24 percent from 35 percent in exchange for eliminating special breaks.
Oregon Democrat Ron Wyden and New Hampshire...
DATE: Feb 24, 2010
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TORONTO (Reuters) - Toronto's main stock index fell for a second straight session yesterday, knocked down by weak US consumer confidence data that cast doubt on the strength of the economic recovery.
US consumer confidence fell to a 10-month low in ...
DATE: Feb 24, 2010
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WASHINGTON (AP) — The president of Toyota's US operations insisted yesterday that electronic problems did not contribute to sudden acceleration of its cars, drawing sharp criticism from lawmakers who said such a possibility should not be ruled out.
T...
DATE: Feb 24, 2010
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LONDON - Britain's top shares shed 0.7 percent, tracking early falls on Wall Street and pressured by weaker miners and energy issues as commodity prices fell with a firmer dollar after dull data. The FTSE 100 closed at 5,315.09 points, down 36.98 or ...
DATE: Feb 24, 2010
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UPDATE 2-HSBC's Bannister steps down as head of insurance
To step down on March 31
Will be replaced by HSBC veteran David Fried
Fried is currently head of insurance for Asia Pacific (Adds quotes, background)
LONDON, Feb 23 (Reuters) - HSBC's head of ...
DATE: Feb 24, 2010
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