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Authorities suspect some of the money may have been used to finance Iran?s nuclear and missile programs.
P J Nayak will step down as Axis Bank's chairman & CEO from August after a nine-and-a-half year stint with the the bank. Nayak's term is due to end in July, 2009.
On Thursday, Idaho 4th District Judge Patrick Owen, who is overseeing the foreclosure case, set aside March 2010 for a trial on any unresolved issues. Lienholders are being asked to disclose information on their claims to the judge, in part to help establish a hierarchy of who is entitled to receive money first.
VietNamNet Bridge - Struggling small- and medium-sized enterprises will benefit from a government’s $1 billion economic stimulus package.
Many economists failed to predict the mortgage and banking crisis and the economic recession that followed. Paul Solman examines why financial experts failed to predict the crisis.
UK Even with the help of a radically devalued pound and three decades worth of hard-won structural reforms, the British economy is still well on course to be the worst performing of the EU and indeed of any major advanced economy this year.
Get ready to storm the barricades If you're not busy at noon on Tuesday, why not get yourself down to the High Court at The Strand in central London? The UK Shareholders Association is planning a noisy demo to mark the start of a legal challenge by investors to the nationalisation of Northern Rock. This could be your chance to rub shoulders with those poor old hedgies, who lost a packet ...
One of Tamarack Resort's owners conceded Friday that his talks with a potential buyer have collapsed, a blow to efforts to salvage the millions he's invested in the central Idaho ski, golf and lakefront resort.
The Creekside Co-op, a full-service, member-owned food store, will be coming soon to Elkins Park.
Hard to believe? Maybe. But just surf real estate websites listing Indy area homes and you will, in fact, find houses listed for just $2000! "W e certainly are finding deals that I cannot believe," sid Josh Wetzel who specializes in foreclosures in Central Indiana. " I don't know if property will ever be this good of value in my lifetime." Wetzel works for ...
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