3305 results returned for search: "" category "International Business"
The role of international financial centres (IFCs) in promoting global economic growth and stability will be one of the key themes for the upcoming Society of Trust and Estate Practitioners Caribbean Conference set to be held in Bermuda this summer.
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DATE: Mar 24, 2011
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CATEGORY:
International Business
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NEW YORK (Reuters) - A former Intel Corp executive testified that he shared company secrets with his friend, hedge fund founder Raj Rajaratnam, the central figure in the biggest Wall Street insider trading trial in decades.
Rajiv Goel, the second fri...
DATE: Mar 23, 2011
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CATEGORY:
International Business
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Bermuda-based Nordic American Tankers will be a good position to reap the benefits from the markets as it develops through expanding its fleet of vessels and boosting its earnings potential.
That is according to the company’s chairman and CEO Herbjor...
DATE: Mar 23, 2011
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CATEGORY:
International Business
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SAN FRANCISCO (Bloomberg) Google’s use of Bermuda to help slash its US tax bill by around $3 billion features in questions addressed to the technology giant by the US Securities and Exchange Commission in December.
SEC officials asked Google for “di...
DATE: Mar 23, 2011
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CATEGORY:
International Business
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VIENNA (Bloomberg) - HSBC Holdings plc, Europe’s biggest lender, was warned twice by auditors that entrusting as much as $8 billion in client funds to Bernard Madoff opened it up to “fraud and operational risks”.
KPMG LLP told the London-based bank a...
DATE: Mar 21, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) Ruth Madoff’s account at Bank of New York Mellon Corp. received “fraudulent” transfers of at least $14 million, said the trustee liquidating her husband Bernard Madoff’s firm, who wants to “recapture” $44.8 million.
Irving Picard...
DATE: Mar 17, 2011
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CATEGORY:
International Business
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NEW YORK (Reuters) - Billionaire Warren Buffett’s Berkshire Hathaway Inc struck a deal to buy lubricant maker Lubrizol Corp for $9 billion in a bet on industrial growth in emerging economies.
The deal is Berkshire’s biggest since it bought Burlington...
DATE: Mar 15, 2011
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CATEGORY:
International Business
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NEW YORK (Reuters) - A disgraced former McKinsey & Co partner testified that hedge fund manager Raj Rajaratnam paid him a $1 million “bonus” for tipping him about an acquisition by chip-maker Advanced Micro Devices Inc, a client of the consulting fir...
DATE: Mar 15, 2011
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CATEGORY:
International Business
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The Bermuda Stock Exchange (BSX) announced the voluntary de-listing of the Karlholt Pty Ltd., in accordance with a shareholder vote filed in December last year.
The de-listing was granted under the BSX listing regulations and was effective from Frida...
DATE: Mar 14, 2011
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CATEGORY:
International Business
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NEW YORK (Reuters) - A man who admitted taking money from Galleon hedge fund founder Raj Rajaratnam in exchange for inside information said the funds were funnelled back to a Galleon account in Bermuda.
Former McKinsey & Co partner Anil Kumar admitte...
DATE: Mar 14, 2011
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CATEGORY:
International Business
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