Business and Finance
Twenty-Three Days to Close a EUR2bn Case Built on Hundreds of Pages: The Novo Banco Judgment That Should Shock Europe’s Bond Market
A €2bn bondholder dispute. Hundreds of pages of pleadings and judgments. A final-instance ruling in just 23 days. After Antigua.news reported the Supreme Administrative Court’s decision confirming the Novo Banco/BES bond retransfer, we examined what lies beneath the judgment — and why its speed, structure and reasoning may unsettle investors more than the result itself.
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PM Browne Denies Superyacht Kickback Allegations, Threatens Legal Action Against Offshore Alert Publisher David Marchant
PM Gaston Browne rejects Alfa Nero kickback allegations linked to David Marchant’s OffshoreAlert report and signals possible legal action.
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CEO of Tourism Authority Says New Guadeloupe Route Expected to Boost Visitor Arrivals
Chief Executive Officer of the Antigua and Barbuda Tourism Authority, Colin James, says historical...
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Novo Banco Bondholders Lose Pilot Case as Portugal Keeps EU Court Door Shut
Portugal’s Supreme Administrative Court has rejected a key pilot appeal by Novo Banco/BES bondholders and refused to refer the dispute to the Court of Justice of the European Union. The ruling is not formally binding on other cases, but it could heavily influence pending claims and deepen concerns over investor protection in European bank resolutions.
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Oil shock threatens to turn Caribbean tourism boom into an airfare test
A Middle East oil shock could push up jet-fuel costs, lift airfares and test the resilience of Caribbean tourism-dependent economies, including Antigua and Barbuda, as airlines and travellers face renewed pressure from volatile energy markets.
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Credit Suisse AT1 fraud claims survive in New York, extending UBS legacy exposure
A U.S. judge has allowed investors suing over Credit Suisse’s 2023 AT1 wipeout to pursue securities-fraud claims in New York, keeping alive a case centred on what the bank told the market before its rescue by UBS.
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BarNone Takes Top Honour with People’s Choice Award at Restaurant Week 2025
BarNone Restaurant has been crowned the People’s Choice Award winner for Restaurant Week 2025,...
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Credit Suisse AT1 Investors with $17bn in Potential Claims Face 19 March Limitation Deadline
PRESS RELEASE International investors who held bonds issued by Credit Suisse are preparing to take...
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OPINION: The Business of Carnival and the Cost of Missed Opportunities
By Hon. Kelvin Simon With global uncertainty, fiscal pressures, and rising public scrutiny,...
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Antigua and Barbuda Moves Toward Cashless Future with Launch of ClicCash
Antigua and Barbuda has taken another step toward becoming a fintech-ready nation with the...
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Novo Banco Bondholders: Lisbon Court Upholds 2015 Retransfer
Lisbon court upheld the Bank of Portugal’s 2015 Novo Banco bond retransfer—retail investors...
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NAGICO Insurances upgraded to A- by A.M. Best
NAGICO Insurances has received a major boost to its financial standing after global credit rating...
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