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NEW YORK (Bloomberg) US Uncut, a group protesting corporate tax issues and government service cutbacks, claimed responsibility for a fake press release that said General Electric Co would return a “$3.2 billion tax refund”. The release, which was pic...

GENEVA (AP) Privately held commodities trader Glencore International plans to float part of its stock for up to $11 billion next month, making it one of the largest public share offerings in recent years. Dubbed “the biggest company you’ve never hear...

The rate of home-loans in foreclosure is set to soar this year as the Island’s residents continue to struggle to pay their mortgages. This according to Capital G boss Ian Truran who sees cash-strapped homeowners facing increased financial challenges ...

Consumers could soon have more protection when it comes to receiving the service they asked for, under the Consumer Protection Amendment Act 2011. The amendment act protects people who put their vehicles in for a service expecting to pay one price, ...

The inflation rate rose to 3.2 percent in February - its highest level since September - according to Government figures released on Friday. As measured by the increase in prices in the basket of goods and services used for the Consumer Price Index (...

March 7, 2011 Dear Sir, There has been much discussion recently about competitiveness and the high cost of food on the Island. And as families buy food, especially our seniors who are on fixed incomes and ant their pension funds to stretch to the ful...

Inflation in January was 2.2 percent, figures released this afternoon showed. The rate was a drop on the 2.7 percent recorded in December, according to the consumer price index figures. The health and personal care sector remained the largest contrib...

LOM (Holdings) Ltd. rose 10.9 percent (35 cents) to $3.55 on the Bermuda Stock Exchange (BSX) last week. The company traded 600 shares during the week. Also in the banking sector, Butterfield Bank climbed four percent (five cents) to $1.30 with 414,8...