first_imgTwo teenagers from Riverstown Village on the Essequibo Coast were slapped with a robbery with violence charge to which they pleaded not guilty when they appeared before Magistrate Sunil Scarce at the Suddie Magistrate’s Court.The duo, Seewnarine (only name) and Joseph Wilson were granted $40,000 bail each.It is alleged that on June 14, 2016, they robbed Kowsal Mohanlall of $15,000 and immediately thereafter used personal violence against him.Mohanlall, a security guard, was working the night shift when he was attacked by the teens and robbed.The teenagers’ mothers were present in court.As a condition of bail, the teens are expected to report to the Suddie Police Station every Saturday. The case will continue on July 1.last_img read more

first_img Facebook 4 Comments Reddit January 25, 20192:51 PM EST Filed under News Retail & Marketing Twitter Comment Email Bloomberg News Canada Goose Holdings Inc’s stock slumped in December on rising trade tensions between Canada and China.Christinne Muschi/Bloomberg center_img Join the conversation → More Credit Suisse loses $60 million on Canada Goose Stock tumbled on rising tensions between Canada and China Recommended For YouBluedrop Receives Boeing Contract to Provide Courseware In-Service Support for the Canadian Medium-to-Heavy Lift HelicopterWatch: How the first genderless voice assistant is challenging stereotypesThe ins and outs of mortgage pre-approvals and how to polish up your credit scoreThe ins and outs of mortgage pre-approvals and how to polish up your credit scoreEU Parliament spokesman: Turnout for 27 nations excluding UK nears 51%, early figures show; highest in at least 20 years Credit Suisse Group AG lost about US$60 million late last year after it was left holding shares in a North American clothing company that slumped during rising trade tensions between Canada and China, according to people with knowledge of the matter.Credit Suisse, which acted as underwriter on the sale of 10 million shares by Canada Goose Holdings Inc. stockholders in late November, saw the value of the stock tumble after the arrest of Huawei Technologies Co’s finance chief in Canada prompted a diplomatic dispute between the two countries, the people said, asking to not to be identified as the loss isn’t public.The offering was priced at US$65.15 a share, a 1.85 per cent discount to the previous close, a person familiar with the matter said at the time of the deal in late November. The arrest of Huawei Technologies Co.’s finance chief in Vancouver on Dec. 1 prompted Chinese websites to call for a boycott of Canadian brands and a 20 per cent four-day losing streak for the stock later that month. Canada Goose tumbles the most in 11 months after downgrade on value Canada Goose is getting hammered by China’s anger over the Huawei arrest Canada Goose’s first Beijing store draws crowds willing to wait an hour in the freezing cold to pay 9,000 yuan (US$1,300) for a parka The bank eventually sold the Canada Goose shares it held at a loss, the people said. Credit Suisse declined to comment on the details of the trade but said that its full-year guidance for reported pretax profit of 3.2 billion francs to 3.4 billion francs for 2018 remains unchanged.Credit Suisse has scaled down its trading business to focus on wealth management. The lender, led by Tidjane Thiam, just completed a sweeping three-year restructuring program and is now trying to convince investors to stick with the bank by pledging capital returns and growth in profits.With block trades, a seller typically gathers bids from banks for shares it wants to unload, often at a discount to the most recent price. The bank or group of banks that wins the mandate to arrange the trade seeks to resell the shares at a higher price, ideally within hours. Mandates for block trades are hotly pursued by investment banks because the transactions offer opportunities for a quick profit, and for a boost in the rankings of underwriters.With assistance from Sandrine Rastello and Ross Jan-Henrik Förster Share this storyCredit Suisse loses $60 million on Canada Goose Tumblr Pinterest Google+ LinkedIn last_img read more