537 results returned for search: "" category ("Economy" AND "Business")
The Bermuda Monetary Authority has announced the publication of guidelines to help individuals and companies set up Islamic investment funds in Bermuda.
The guidance notes will assist prospective applicants looking to establish such funds to comply w...
DATE: Apr 29, 2011
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CATEGORY:
Economy
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A piece of history will be lost forever when Gosling’s Ltd closes its Somerset store for the last time on Saturday.
The store, which has been in the town for almost 100 years, has had to shut for economic reasons.
It follows the closure of the famous...
DATE: Apr 28, 2011
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CATEGORY:
Economy
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LISBON, Portugal (AP) Portugal has for a second time revised upward the debt-stressed country’s budget deficit last year, releasing official figures that said it was 9.1 percent of gross domestic product instead of the previously announced 8.6 percen...
DATE: Apr 26, 2011
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CATEGORY:
Economy
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Bermuda is entering unprecedented times and needs to adapt to the ever-changing business environment in order to stay ahead of the game.
That is according to former Premier Sir John Swan, whose company Challenger Banks Ltd is preparing to move into h...
DATE: Apr 25, 2011
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CATEGORY:
Economy
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LISBON (Reuters) - A crucial new phase of Portugal’s bailout negotiations began under a cloud yesterday after an anti-euro party in Finland that has vowed to derail the pending rescue scored strong gains in an election.
Portuguese debt premiums rose ...
DATE: Apr 19, 2011
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CATEGORY:
Economy
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WASHINGTON (AP) The world’s major economies have reached an agreement on how to measure the types of dangerous imbalances that contributed to the worst global financial downturn in seven decades.
Yesterday’s deal was announced in a joint statement is...
DATE: Apr 16, 2011
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CATEGORY:
Economy
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LONDON (Reuters) The Bank of England held interest rates at a record-low 0.5 percent yesterday, opting to wait for clearer signs of recovery before following the European Central Bank in tightening policy.
Although inflation in Britain is almost twic...
DATE: Apr 08, 2011
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CATEGORY:
Economy
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MADRID (Reuters) Spain vowed yesterday it would not follow ailing neighbour Portugal in seeking a European bailout, and a successful Spanish bond auction suggested markets do not immediately fear contagion.
The fall of another euro zone domino follow...
DATE: Apr 08, 2011
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CATEGORY:
Economy
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DUBLIN (Bloomberg) Bank of Ireland Plc and its ICB Building Society unit will increase rates on fixed-rate mortgages of between 0.7 percent and 1.3 percent, according to a company spokeswoman.
The move follows the European Central Bank’s decision tod...
DATE: Apr 08, 2011
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CATEGORY:
Economy
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The Bermuda Telephone Company (BTC) has released seven more employees as part of its continued shift in strategy, coming on top of the 25 staff the company made redundant last year, The Royal Gazette can reveal.
A BTC spokeswoman said yesterday that ...
DATE: Apr 05, 2011
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CATEGORY:
Economy
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