49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based Kingate Management Ltd. has been given an extension until next Monday to respond to a lawsuit in which it is accused of withdrawing $255 million in "fake profit" from funds invested with fraudster Bernard Madoff.
The extension, requeste...
DATE: Jul 23, 2009
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - British Prime Minister Gordon Brown attacked a proposal by the opposition Conservatives yesterday to abolish the Financial Services Authority (FSA), calling their bank regulation plan "completely unacceptable".
The Conservatives, u...
DATE: Jul 23, 2009
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TORONTO (Bloomberg) - Canadian stocks fell for a second day, led by energy and commodity producers, as prices for raw materials dropped on concern that their rally has outpaced the prospects for a recovery in global demand.
Canadian Natural Resources...
DATE: Jul 23, 2009
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LONDON (AP) — Britain's financial regulator said yesterday it has fined three units of HSBC Group £3.185 million ($5.2 million) for failing to protect consumer data from loss or theft.
The Financial Services Authority said HSBC Life UK Ltd. was fined...
DATE: Jul 23, 2009
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Bermuda-based First Atlantic Commerce (FAC) and Scotiabank have joined forces to offer 3-D Secure services to online merchants in seven countries across the English-speaking countries in the Caribbean.
Through this partnership, Internet merchants in ...
DATE: Jul 23, 2009
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Conyers Dill & Pearman has been named Bermuda Firm of the Year 2009 for the fourth consecutive year at the Who's Who Legal Awards, which recognise leading firms in major jurisdictions around the world.
The awards follow thousands of nominations by cl...
DATE: Jul 22, 2009
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NEW YORK (Bloomberg) — Caterpillar Inc. posted second-quarter profit that exceeded analysts' highest estimate, aided by job cuts and a lower tax rate. The world's largest maker of construction equipment raised its full-year forecast, saying stimulus ...
DATE: Jul 22, 2009
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A pair of betting shop owners have set about changing the image of the industry from the traditional dark and dingy gambling den with the launch of their new and modern premises inHamilton.
Former national cricket team players Albert Steede and Cleon...
DATE: Jul 22, 2009
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LONDON (AP) — The British government borrowed a net total of £13 billion ($21.4 billion) in June, raising national debt to 56.6 percent of gross domestic product (GDP) as tax receipts slumped amid the recession, the Office for National Statistics sai...
DATE: Jul 22, 2009
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NEW YORK (AP) - The stock market rode higher on more good earnings news, extending a week-long rally.
Stocks ended with moderate gains yesterday, after a day of back-and-forth trading, as investors juggled better-than-expected results from Caterpilla...
DATE: Jul 22, 2009
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