76339 results returned for search: "" category "Business"
HOUSTON (AP) — A federal judge yesterday revoked the bond of Texas financier Allen Stanford, ordering he be kept in jail while he awaits trial on charges alleging he swindled investors out of $7 billion.
US District Judge David Hittner issued an orde...
DATE: Jul 01, 2009
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Bermuda Press Holdings Ltd.'s half-yearly profits fell by a third as the withdrawal of Government advertising from The Royal Gazette and the slowdown of the local economy impacted the company.
In the six months up to March 31, 2009, Bermuda Press (BP...
DATE: Jul 01, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (AP) — Investors carried Wall Street to a remarkable second-quarter performance even though stocks' big spring rally stalled weeks ago.
The major indexes all managed to end the quarter with double-digit percentage gains. Now, whether the mar...
DATE: Jul 01, 2009
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NEW YORK (Reuters) - American International Group Inc got a new slate of government-backed directors at a subdued annual meeting yesterday, effectively revamping its board after the insurer's $180 billion taxpayer bailout.
The meeting attracted far f...
DATE: Jul 01, 2009
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Digicel Limited today announced its intention to launch a private placement of US$160 million of senior notes due 2014. Digicel Limited is a Bermuda incorporated company owned by Mr. Denis O'Brien. The use of proceeds of this offering will be for gen...
DATE: Jul 01, 2009
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London-based insurance and reinsurance broker RFIB Holdings Ltd. has opened a new operating unit in Bermuda.
Headed by chief executive officer Nigel Clark, a veteran of the Island's insurance industry, RFIB Bermuda Ltd. is keen to make its mark in on...
DATE: Jul 01, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Reuters) - US investigators believe 10 or more people associated with imprisoned swindler Bernard Madoff could be criminally charged in the coming months or beyond, a law enforcement source said yesterday.
The source, who asked not be ident...
DATE: Jul 01, 2009
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LONDON (Reuters) - Britain froze $100 million linked to alleged swindler Allen Stanford within five hours of a request from the United States Department of Justice, anti-graft officials said yesterday.
The once high-flying billionaire and sports prom...
DATE: Jul 01, 2009
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LONDON - Britain's top share index shed one percent in the wake of weaker than expected consumer confidence figures in the US, with banks, miners and food retailers leading the fallers. The FTSE 100 closed at 4,249.21 points, down 44.82 or 1.04 perce...
DATE: Jul 01, 2009
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TORONTO (Reuters) - Toronto's main stock index capped off a sharp quarterly gain with a lower close yesterday as weighty financial shares tumbled on concerns about the prospects for a global economic recovery.
The TSX index's financial group, which a...
DATE: Jul 01, 2009
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