49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) - US regulators said they halted a $68 million Ponzi scheme at Caribbean-based Millennium Bank, the second case this year accusing a bank in the islands of fraudulently selling certificates of deposit.
Millennium, describing itse...
DATE: Mar 27, 2009
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LONDON (Bloomberg) – Aquarius Platinum Ltd., the fourth- biggest platinum producer in the world last year, rose the most in four months in London trading on plans to raise as much as $249 million from bond and share sales to buy Ridge Mining Plc.
The...
DATE: Mar 27, 2009
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WASHINGTON (Bloomberg) - US Treasury Secretary Timothy Geithner said regulation of the US financial system needs a broad overhaul to heal a crippling lack of confidence caused by the credit crisis.
"To address this will require comprehensive reform,"...
DATE: Mar 27, 2009
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SOUTHFIELD, Michigan (Bloomberg) - Ford Motor Co. may get $1 billion to $2 billion for its Volvo Cars unit, less than a third of what it paid 10 years ago, as it conducts sale talks with more than three bidders, a person familiar with the discussions...
DATE: Mar 27, 2009
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NEW YORK (Reuters) - A New York student won a court order on Wednesday to temporarily freeze the assets of Peter Madoff, brother of jailed swindler Bernard Madoff, in a lawsuit over lost inheritance money.
Andrew Ross Samuels, 22, of Brooklyn Law Sch...
DATE: Mar 27, 2009
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LONDON (Reuters) - The European Union (EU) is nearing a final deal to make the bloc's multi-trillion euro insurance sector safer for policyholders, diplomats and lawmakers said on Wednesday.
The Solvency II reform has been bogged down in arguments fo...
DATE: Mar 27, 2009
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Flagstone Reinsurance Holdings Ltd. has announced that Dominic Kirby will replace Tom Bolt as managing director of Marlborough Underwriting Agency Ltd. in the autumn.
Mr. Kirby has worked for Flagstone since July 2007, most recently overseeing the ma...
DATE: Mar 27, 2009
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NEW YORK (Reuters) - US stocks rallied for a second straight day yesterday, taking the Nasdaq back into positive territory for the year-to-date, on increasing optimism that the economy's worst days are behind after the government reported data that w...
DATE: Mar 27, 2009
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BRISBANE, Australia (Bloomberg) — Golar LNG Ltd., the Norwegian liquefied natural gas tanker owner, said it may develop a floating LNG project with Thailand's PTT Exploration & Production Pcl off northern Australia.
The partners are studying the pote...
DATE: Mar 27, 2009
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Butterfield Bank continued its recent resurgence, climbing 15 cents (2.8 percent) to $5.60 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank increased by 30 cents on Wednesday and yesterday traded 6,007 shares.
The only othe...
DATE: Mar 27, 2009
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