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Business 05 May 2009 | 12:00 AM

US: Investors see bright future in wind energy

DES MOINES, Iowa: When President Barack Obama stood in front of wind turbine towers in a Newton, Iowa, factory last week he was not only pushing his green energy policies but promoting an industry that has been growing rapidly and gaining favor with investors.

Business 13 Mar 2009 | 12:00 AM

Philanthropist Leonore Annenberg dies at 91

PHILADELPHIA (AP) - Leonore Annenberg, who as the widow of billionaire publisher Walter Annenberg continued his tradition of philanthropy and patronage of the arts, died Thursday. She was 91.

Business 27 Feb 2009 | 12:00 AM

Antigua's lower house backs Stanford land seizure

ST. JOHN'S, Antigua (AP) - Legislators in Antigua and Barbuda gave initial approval Thursday to a measure that would let the government seize property and assets owned by embattled Texas billionaire R. Allen Stanford.

Business 21 Feb 2009 | 12:00 AM

Regulators take over bank owned by Stanford

ST. JOHN'S, Antigua (AP) - Regulators in the Caribbean took over Antiguan banks owned by Texas financier R. Allen Stanford on Friday, hoping to contain damage to the local economy as U.S. investigators explore an alleged fraud scheme involving billions of dollars.

Business 20 Feb 2009 | 12:00 AM

FBI serves billionaire with legal papers in a multibillion-dollar fraud case

Texas billionaire R. Allen Stanford has been found in Virginia and served with civil legal papers from the Securities and Exchange Commission.

Business 19 Feb 2009 | 12:00 AM

Billionaire Stanford charged with fraud

Texas billionaire Allen Stanford and three of his companies were charged with 'massive' fraud on Tuesday as federal agents swooped on his US headquarters.

Business 31 Jan 2009 | 12:00 AM

Getting to the root of downturn to ensure long-term sustainability

What started as a US financial crisis has turned into a global economic crisis. And the mess just grows bigger by the day, affecting real businesses and bringing down large economies to their knees.

Business 21 Jan 2009 | 12:00 AM

Contracts are not meant to be broken

OF late, events in the global construction scene have left many wondering about the meaning of global citizenship.

Business 10 Nov 2008 | 12:00 AM

True ‘open door’ policy needed

Some of the expenditure proposed by the Government may not see desired results

Business 01 Oct 2007 | 12:00 AM

Flextronics CSR starts at home

IT is not often that we hear of employers providing accommodation for its workers.