49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — UBS AG was sued by New York state over allegations that Europe’s largest bank defrauded thousands of brokerage clients out of tens of millions of dollars by steering them into costly accounts they didn’t need.Attorney General E...
DATE: Dec 15, 2006
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NEW YORK (Reuters) - Fans of the popular US TV show "Desperate Housewives" may be dying to discuss last night's episode, but the odds are that their friends and co-workers watched something else.As technology makes production, storage and distributio...
DATE: Dec 15, 2006
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PARIS (Reuters) — Britain on Wednesday claimed a French U-turn on a plan to fight value added tax (VAT) fraud as authorities in Paris investigated suspected rackets reported to have cut revenues by up to 19 billion euros ($25.22 billion).The French g...
DATE: Dec 15, 2006
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A new personal lending centre was officially opened yesterday by the Bank of Bermuda.
The opening coincided with the launch of the first in a series of mortgage products being introduced by the Bank.
Bank of Bermuda chief executive officer Philip But...
DATE: Dec 15, 2006
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AUTHOR:
Sam Strangeways
Ace promotes Samers
Audrey M. Samers has been named global ethics & compliance officer for the Ace Group of Companies.
A statement said Ms Samers will be responsible for providing ethics and business practices guidance, educating the ACE organisation...
DATE: Dec 15, 2006
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RenaissanceRe Holdings Ltd. has launched a public offering to sell a new series of preference shares. The net proceeds from the offering will be used to redeem all of its outstanding 8.1 percent Series A Preference Shares as soon as practicable follo...
DATE: Dec 15, 2006
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VIENNA (Reuters) — Austria’s fourth-largest bank Bawag P.S.K. is being sold to a group of investors led by US buyout fund Cerberus Capital Management , the head of trade union OeGB, which owns Bawag, said yesterday.OeGB President Rudolf Hundstorfer d...
DATE: Dec 15, 2006
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The Royal Gazette/Bermuda Stock Exchange index retreated yesterday as drops in three companies offset a rise in Butterfield Bank's share price.
The Index closed down 17.29 points at 4,916.98 on continued light volume of 3,957 shares worth $82,573.50....
DATE: Dec 15, 2006
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BERLIN (Bloomberg) — Thomas Cook AG’s Condor airline said some flights leaving German airports yesterday morning were delayed because workers of its Berlin unit went on strike.Flights from Frankfurt and Munich to Palma de Majorca, Spain, were delayed...
DATE: Dec 15, 2006
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NEW YORK (Bloomberg) — When L. Dennis Kozlowski, the former chief executive officer of Tyco International Inc., sold his yacht, the Endeavour, to pay restitution, the new owner was somewhat of a mystery.The historic boat, a 1934 America’s Cup entry, ...
DATE: Dec 15, 2006
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