A group of Saudi Arabian lenders has rejected an invitation from Ahmad Hamad Algosaibi & Brothers Co. to attend a meeting next month to discuss their claims on $5.9 billion of debt.
U.S. states are trying to capture corporate income taxes lost to offshore havens, wary of companies exploiting rules that let them channel cash abroad and weary of congressional inaction.
Baidu Inc.’s Qunar travel website is in discussions to merge with Ctrip.com International Ltd., according to two people with direct knowledge of the talks. Shares of all three companies surged.
A $550 million U.S. government insider-trading lawsuit against Texas entrepreneurs Samuel and Charles Wyly has gone on so long that one of the accused has since died and his estate is now a defendant.
A Hong Kong real-estate tycoon has spent the past year accumulating stakes in failing solar companies, piecing together what may become the biggest collection of photovoltaic factories in the world.
Following is a summary table for the Cayman Islands February cruise passenger traffic statistics from the Port Authority of the Cayman Islands:
Following is a summary table for the Cayman Islands February tourist visitors statistics from the Cayman Islands Department of Tourism:
Ahmad Hamad Algosaibi & Brothers Co. invited creditors including BNP Paribas SA and Standard Chartered Plc to discuss claims on $5.9 billion of debt as it seeks to recover from the Middle East’s biggest default.
LDK Solar Co., the Chinese manufacturer that failed to pay a maturing bond at the end of February, said today that holders of 60 percent of the notes’ principal have agreed to a restructuring deal.
Three Caribbean-based men who helped Americans hide assets from U.S. tax authorities were charged in a sting operation with laundering what they were told was dirty money.