Month: January 2011

January 31, 2011

Ford’s stock plunges despite biggest profit since ’99

Ford Motor posted its highest annual income in more than a decade Friday, although fourth-quarter earnings disappointed investors. The problem for Ford was more one of expectations than execution, as Ford's results included a lot of good news, but…

January 31, 2011

EU considering overhaul of 440 billion euro rescue fund

Senior European leaders are negotiating an overhaul of the euro zone's 440 billion-euro ($599.1 billion) rescue fund in exchange for new austerity measures and closer surveillance on struggling states, a newspaper report said on Monday. The…

January 31, 2011

Gold rally biggest in 8 weeks as Egypt army rolls

Gold posted its biggest gains in eight weeks on Friday, gaining nearly 2 percent as the prospect…

January 31, 2011

United squeeze past Saints, Chelsea draw

Manchester United required a second-half rally to edge past third-tier side Southampton 2-1 in the fourth round of the FA Cup yesterday, and Salomon Kalou's late equaliser rescued defending champions Chelsea in a 1-1 draw at Everton. United were 1-0…

January 31, 2011

Bolt to run 100m in Rome

Golden Gala organisers announced yesterday that world record-holder Usain Bolt will run the 100 metres at the meet in Rome on May 26. It will mark Bolt's first Diamond League meet of the season, with the Jamaican also committed to run the 200 in…

January 31, 2011

Jamaica’s Gibson Relays now March 12

A date swap between the Gibson Relays and the GC Foster Classic will see the prestigious Gibson Relays being shifted to the March 12 time slot, two weeks later than it was originally scheduled. Ventley Brown, Athletics Director at the Angels, St…

January 30, 2011

CARICOM chairman rejects Jamaica’s position on CCJ

Grenada Prime Minister Tillman Thomas has rejected a suggestion by the government of…

January 30, 2011

Confidential memoranda to be produced at ‘Dudus’ enquiry in Jamaica

The Commission of Enquiry looking into the handling of the extradition request of former Jamaican strongman Christopher "Dudus" Coke was adjourned from Thursday to Monday to give the Attorney General's Department time to produce four "highly…

January 30, 2011

Bahamas signs double taxation agreement with Japan

Although the Tax Information Exchange Agreement (TIEA) signed with Japan on Thursday is the twenty-third for The Bahamas, it is the first of its kind as it includes double taxation relief. The signing ceremony took place at the Ministry of…

January 30, 2011

St Lucia seeking assistance from Israel and US to combat crime

The St Lucia government is seeking assistance from Israel and the United States to combat a rising crime situation in the country. Foreign Minister Rufus Bousquet said the local authorities were having a difficult time dealing with the spate of…