Month: April 2011

April 17, 2011

Bank of America profits fall due to mortgage losses

Bank of America Merrill Lynch has reported a 38% decline in profits for…

April 17, 2011

China’s economy expands 9.7% as inflation accelerates

China's economy continued its boom in March and inflation accelerated to the fastest rate since 2008. Growth was at a faster-than-expected 9.7% between January and March from the same period a year earlier, the National Bureau of Statistics said.…

April 17, 2011

Irish Republic’s economic progress gets EU approval

The Republic of Ireland's progress on deficit reduction has been approved by the European authorities - a condition of last year's bail-out. They have looked at the Republic's performance throughout the first three months of the year and have…

April 17, 2011

India’s inflation accelerates to 8.9% in March

India's inflation rate rose to 8.9% from 8.3% in February, driven higher by fuel and manufacturing costs, the government has announced. The January inflation rate was also revised upwards to 9.35% from 8.23%. Earlier this week the International…

April 17, 2011

Google sees a sharp rise in first-quarter earnings

Internet giant Google has reported a sharp rise in first-quarter earnings, the first figures with co-founder Larry Page back at the helm as boss. The world's leading search engine reported $6.54bn (£4bn) in net revenue in the first quarter, up…

April 17, 2011

TCI CARIFTA TEAM named for 2011

The  2011 Carifta Games will take place in Montego Bay, Jamaica…

April 17, 2011

Rafael Nadal beats Murray to reach Monte Carlo final

World number one Rafael Nadal remains on course for a seventh successive Monte Carlo Masters…

April 17, 2011

Man City 1 – 0 Man Utd

Manchester City reached the FA Cup Final for the first time in 30 years with victory over derby…

April 17, 2011

WICB registers loss

The coffers of the West Indies Cricket Board (WICB) took a major dip in revenues last year. Audited financial statements revealed that revenues declined by almost 50 per cent, dropping from US$48 million to US$24.2 million. It led to a loss of…

April 17, 2011

Lakers’ road to repeat may go through Chicago

Kobe Bryant has all that championship experience, and perhaps the NBA's best supporting cast. The Miami Heat have the promise of what LeBron James and Dwyane Wade can deliver in their first post-season together, and the Boston Celtics think their…