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Depositors and creditors of investment scheme Cash Plus Ltd are expected to get back some of their money soon, as properties owned by Cash Plus were advertised for sale yesterday.In an advertisement published in The Sunday Gleaner, seven properties…
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British Airways (BA) on Friday reported its biggest full-year loss since the former national airline was privatised in 1987, mainly due to soaring fuel costs and weaker demand in recent months.
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British Airways suffers record [...]
The federal seizure of struggling Florida thrift BankUnited FSB is expected to cost the Federal Deposit Insurance Corp (FDIC) US$4.9 billion, representing the second-largest hit to the FDIC’s insurance fund since the financial crisis began [...]
After creating a plan to radically alter American International Group (AIG) Inc’s operations to help repay billions in government loans, chairman and chief executive Edward Liddy is leaving his vision for…
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“I am the co-owner of a new fabric shop along with a relative. So far, we made two purchases. The first turned out to be inferior material and we lost $800,000.
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A question of collateral
