January 6, 2012
Samsung expects bumper profits on smartphone sales gain
Samsung Electronics has said it expects to report a big jump in profits for the final three months of last year, thanks largely to record smartphone sales. The South Korean firm said it expects operating profits for the period to be 5.2tn won…
January 6, 2012
Stocks flat after day of big gains
Stock indices were flat Wednesday after a big gain to open the trading year. Specialty stores such as Bed Bath & Beyond rose after a report that mall shopping was strong in the days after Christmas. Bank stocks, health-care companies and…
January 6, 2012
Swiss National Bank head says he has not broken law
The chairman of the Swiss National Bank (SNB), Philip Hildebrand, has denied any "legal breaches" resulting from his wife's currency trades. He said he would not resign as a result of the claims. Kashya Hildebrand bought $504,000 (£323,024) in…
January 6, 2012
Former Olympus boss ends takeover bid for camera firm
The ousted boss of Olympus has given up on his attempts to regain control of the Japanese camera and medical equipment maker. Michael Woodford was fired after highlighting accounting irregularities that sparked a police probe and stock-price slump.…
January 6, 2012
Prime Minister Portia Simpson Miller’s inaugural address
My fellow Jamaicans, I am thankful to God for guidance and strength;and to you the people of Jamaica for the faith and trust that you have placed in me and my team. I am deeply humbled that, once again, you have chosen me to lead our nation as…
January 6, 2012
Caribbean countries record mixed fortunes in trade with US
Trinidad and Tobago has become the leading source of United States imports entering under the Caribbean Basin Initiative (CBI) tariff preferences, displacing the Dominican Republic, according to the latest report issued by the Office of the…
January 6, 2012
St Kitts-Nevis issues biometric passports
St Kitts and Nevis begins issuing new E- (biometric) passports from January 5, the Ministry of Foreign Affairs, Homeland Security, Labour and Social Security has announced. The ministry said in a news release that the new passports, with several…
January 6, 2012
American arrested in land fraud
Detectives have arrested and charged an American man implicated in land fraud. He is 69-year-old Samuel Speranza of a California address. Speranza is facing the charges of forgery, uttering forged documents, conspiracy to defraud and causing…
January 6, 2012
Sacramento Kings fire Paul Westphal after 2-5 start
If the Sacramento Kings stood any chance at success this season, Paul Westphal had to find a way to control talented but volatile center DeMarcus Cousins. He couldn't - and lost his job because of it. The Kings fired Westphal Thursday after…
January 6, 2012
Roger Federer and Rafael Nadal through at Qatar Open
Defending champion Roger Federer beat Italian Andreas Seppi 6-3, 5-7, 6-4 to reach the Qatar Open semi-finals. World number two Rafael Nadal is also through after a 6-4, 6-4 victory over Russian Mikhail Youzhny. Federer now faces Frenchman…