Month: June 2011

June 27, 2011

BIS warns low rates may create ‘financial distortions’

The Bank for International Settlements (BIS) has warned that low interest rates across the…

June 27, 2011

China’s PM Wen Jiabao set to sign £1bn UK trade deal

British business hope to sign deals worth more than £1bn when the Chinese prime minister Wen Jiabao meets David Cameron at Downing Street later. Mr Wen, who is on a three-day visit to the UK, has already said he wants to welcome more UK products…

June 27, 2011

Canadian firm gets US$97 mill for stake of east coast block

A Canadian oil company has earned US$97 million from the sale of its 25 per cent stake in an exploration block off the east coast. Sonde Resources Corp, closed the sale of its 25 per cent stake in Block 5(C), to another Canadian company, Niko…

June 27, 2011

Central bankers advise investors to expect less

Investors should prepare themselves for smaller profit margins as banks stash away more capital to avoid another global financial crisis, the world’s major central bankers cautioned Sunday. They also advised central banks around the world that…

June 27, 2011

Sprinter Tyson Gay to miss Usain Bolt clash at Worlds

Tyson Gay will miss out on a clash with Usain Bolt at this year's World Championships after pulling out of the US National trials with a hip injury. Gay, 28, withdrew before his 100m semi-final and missed Saturday's 200m, meaning he would not be…

June 27, 2011

David Haye’s speed can hurt Wladimir Klitschko – Lewis

Lennox Lewis has said David Haye's speed and movement could be the deciding factors in his heavyweight clash with Wladimir Klitschko. Lewis told Sportsweek on BBC Radio 5 live that Klitschko will start the 2 July bout with several advantages. But…

June 27, 2011

WICB, JCA meet on Gayle, other issues

The West Indies Cricket Board (WICB) and the Jamaica Cricket Association met in Kingston Jamaica yesterday to discuss a number of issues. The meeting was the first of its kind between the WICB and JCA and was requested by the newly elected…

June 27, 2011

T&T women’s 4×100 qualify for World Championships

T&T women’s 4x100m relay team qualified for the  World Athletic Championships after the quartet of Semoy Hackett, Kai Selvon, Aleesha Barber and Kelly Ann Baptiste clocked 43.40 seconds to win the event at the Bahamas Junior and Senior Athletic…

June 27, 2011

Caricom St Kitts summit: Health and rights in focus

FACING up to challenging regional health problems and the need to make the Caricom Charter of…

June 27, 2011

France, Germany open Women’s World Cup with victories

On a great day for women's soccer, it was a good day for Europe's teams. The World Cup started Sunday with two stadiums overflowing with goodwill, color and the cheer of nearly 100,000 fans. There were also four goals, including one stunner.…