May 22, 2012
Rafael Nadal beats Novak Djokovic to win Italian Open
Rafael Nadal beat world number one Novak Djokovic in straight sets to win a record sixth Italian Open title. The Spaniard won 7-5 6-3 in the final, which had been delayed by a day because of rain in Rome on Sunday, to return to second in the world…
May 22, 2012
England v West Indies: Hosts cruise home in Lord’s Test
England wrapped up a five-wicket victory in the first Test as a stand of 132 between Alastair Cook and Ian Bell saw off an early West Indies charge. When Jonathan Trott and Kevin Pietersen both went cheaply inside the first hour on the fifth day,…
May 22, 2012
Sharks wins two out of five m
A top score of 84 runs by Errion Charles helped the Sharks to win the second game of the five match KARE BBQ Joint (Restaurant) Sponsored Grand Turk Cricket Association Cricket series, which was played at the Parade Ground in Grand Turk on Saturday…
May 22, 2012
Trinidad, OECS to talk CLICO
Prime Minister of St Kitts-Nevis Dr Denzil Douglas is hoping to meet with his Trinidad and Tobago counterpart next month to thrash out details of an agreement in relation to the CLICO debacle. Douglas said he and other leaders in the Organization…
May 22, 2012
Weak euro affects investments in China
While EU members are debating whether Greece will need to exit the eurozone or not, the impact of the weak euro has spread to Asian countries including China. People are starting to feel the volatility of forex markets both in investments as well…
May 22, 2012
Facebook shares close 11% below flotation price
Shares in Facebook closed well below the price at which they were floated amid doubts that the newly-listed company can live up to expectations. The shares debuted on the Nasdaq stock exchange at $38 each on Friday, but ended 11% down on Monday.…
May 22, 2012
JPMorgan suspends share buy-back
JPMorgan Chase has suspended its share buy-back programme, following a recent $2bn (£1.2bn) trading blunder. But the bank's chief executive, Jamie Dimon, said at a conference in New York that it would keep paying a dividend. JPMorgan was scheduled…
May 22, 2012
Google must answer EU antitrust concerns over search
Google has "a matter of weeks" to allay concerns it is abusing its dominant position in the search engine market, the European Commission has said. An investigation by Europe's antitrust head Joaquin Almunia looked at whether Google gave…
May 22, 2012
Russian PM outlines major tasks for new government
Russian Prime Minister Dmitry Medvedev has set up major tasks for the newly-unveiled government. During the first cabinet meeting, Medvedev outlined seven priorities for the new government. Among them are pushing forward basic socio-economic…
May 22, 2012
China fake parts ‘used in US military equipment’
Vast numbers of counterfeit Chinese electronic parts are being used in US military equipment, a key Senate committee has reported. A year-long probe found 1,800 cases of fake parts in US military aircraft, the Senate Armed Services Committee…