76251 results returned for search: "" category "Business"
Some banking sector analysts have suggested that a piece of Wall Street will move offshore if new restrictive legislation is passed and Bermuda is one of its possible new homes.
The US Congress is working through new financial regulation legislatio...
DATE: May 26, 2010
|
CATEGORY:
Other
|
Bermuda-based Kingate Management Ltd., which invested around $1.7 billion with jailed fraudster Bernard Madoff, is coming under scrutiny again from the liquidator of Madoff's company.
Irving Picard, the court-appointed trustee in the bankruptcy of Be...
DATE: May 26, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
NEW YORK (Reuters) - Some 20 European banks including HSBC Holdings Plc have agreed to reimburse non-US investors for $15.5 billion of losses from convicted swindler Bernard Madoff's Ponzi scheme, but some Swiss lenders remain holdouts, a lawyer repr...
DATE: May 26, 2010
|
CATEGORY:
Other
|
BERLIN/ROME (Reuters) – Germany may widen its ban on speculative financial trades to cover all shares, a leaked government document showed yesterday, as fears about the euro zone's debt crisis sent stocks and the euro plunging further.
The Finance Mi...
DATE: May 26, 2010
|
CATEGORY:
Other
|
NEW YORK (AP) — A rally pushed the Dow Jones industrials back over 10,000 after the stock market sank to its lowest level of the year yesterday. The late-day rebound did nothing to erase lingering worries about Europe's debt crisis.
The Dow plunged m...
DATE: May 26, 2010
|
CATEGORY:
Other
|
CLAYTON, Missouri (AP) — Panera Bread Co. is asking customers at a new restaurant to pay what they want.
The national bakery and restaurant chain launched a new non-profit store here this week that has the same menu as its other 1,400 locations. But ...
DATE: May 26, 2010
|
CATEGORY:
Other
|
NEW YORK (AP) — BP's massive oil spill in the Gulf of Mexico has focused attention on the petroleum industry's loose regulation and failure to plan for the worst.
That is going to change, experts say.
Regulators are likely to make permitting, inspect...
DATE: May 26, 2010
|
CATEGORY:
Other
|
Michael Collier is to take over as chairman and managing director of Bermuda Commercial Bank.
The announcement came yesterday, as the company revealed sweeping changes to the board of directors including the retirement of Clarence Terceira after 40 y...
DATE: May 26, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
DETROIT (AP) — Nissan Motor Co. CEO Carlos Ghosn says thousands of orders for the Leaf electric vehicle have convinced Nissan of consumers' demand for it.
Ghosn said yesterday after a speech to the Detroit Economic Club that Nissan feels very comfort...
DATE: May 26, 2010
|
CATEGORY:
Other
|
SAN FRANCISCO (AP) – Amazon.com Inc. is hoping to snag even more customers for the electronic books it sells by releasing a version of its Kindle e-reader software for phones that use Google Inc.'s increasingly popular Android operating system.
The f...
DATE: May 26, 2010
|
CATEGORY:
Other
|
