49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) — BP Plc, Europe's second-largest oil company, reported a "giant" discovery at the Tiber Prospect in the US Gulf of Mexico that may contain more than three billion barrels, after drilling the world's deepest exploration well.
The w...
DATE: Sep 03, 2009
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BOSTON/WASHINGTON (Reuters) - US securities regulators missed "numerous" red flags that may have led to Bernard Madoff's $65 billion Ponzi scheme and never did a "thorough and competent" probe despite complaints dating to 1992, a federal watchdog has...
DATE: Sep 03, 2009
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The earning power of Bermuda's workforce needs to be broken down into different categories and specific job types when comparing the salaries of black and white workers to give an fairer reflection of the situation, according to the Bermuda Employers...
DATE: Sep 03, 2009
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GENEVA (Reuters) - Insurance is an under-used way for the tourism industry to manage the risks of climate change, with existing offers ranging from a "perfect weather guarantee" by Barbados to ski resorts promising deep snow, experts say.
"Insurance ...
DATE: Sep 03, 2009
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LAS VEGAS (Bloomberg) — Bellagio LLC, which operates a hotel and casino on the Las Vegas strip, has sued accused Ponzi mastermind Allen Stanford for $258,480 in gambling debts.
Stanford, who is fighting criminal and civil allegations he swindled inve...
DATE: Sep 03, 2009
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Butterfield Bank chairman Robert Mulderig has been appointed to the board of Bermuda-based hedge-fund administrator Butterfield Fulcrum.
Mr. Mulderig, the former chief executive officer of Mutual Risk Management Ltd., is one of three appointments to ...
DATE: Sep 03, 2009
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AUTHOR:
Jonathan Kent
DALLAS (AP) — The lawyer trying to unravel what the government calls a multibillion-dollar Ponzi scheme run by Texas businessman Allen Stanford fired back at critics who said his request for $27 million in fees is excessive.
Court-appointed receiver ...
DATE: Sep 03, 2009
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NEW YORK (AP) - Soft drink giant Coca-Cola Co. has taken a minority stake in a coconut water company, continuing its move into juices and teas as consumers spurn soft drinks for health and cost reasons.
The Atlanta-based maker of Coke and Sprite and ...
DATE: Sep 03, 2009
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Bermuda was yesterday handed a position of influence in the future direction of international tax cooperation matters at a major Organisation for Economic Cooperation and Development (OECD) conference in Mexico City.
The Island was elected joint vice...
DATE: Sep 03, 2009
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AUTHOR:
Jonathan Kent
LOS ANGELES (Reuters) - Increasingly vocal calls for taxes on sugary drinks and junk food are fuelling a behind-the-scenes battle that public health officials say is reminiscent of America's war on cigarettes.
The US obesity epidemic has blossomed in...
DATE: Sep 03, 2009
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