G7 crisis talks as Spain says borrowing lines closing off

Finance chiefs of the G7 group of industrial nations have held emergency talks about the eurozone debt crisis. They come amid fresh worries about the eurozone's economy, underlined in data showing that private sector activity, including in…

Clico policyholders may sue PM—Ramesh

Senior Counsel Ramesh Lawrence Maharaj says the United Policyholders Group will consider suing Prime Minister Kamla Persad-Bissessar and members of Cabinet if they fail to withdraw the June 30 deadline for acceptance of Government’s Clico…

DIGICEL GROUP LIMITED announces strong financial results US$1.1 billion EBITDA for the year ended 31 march 2012

Digicel Group Ltd, the best value mobile operator, today announced a strong set of financial results for the year ended 31 March 2012. With subscribers up 27% to 12.8 million and revenues for Digicel Group Limited (which comprises 30 markets in…

Wisconsin Governor Survives Recall Vote

Republican Governor Scott Walker of Wisconsin has defeated his Democratic opponent in a recall election that observers say has implications for the November presidential election. With nearly all the votes counted, Walker was easily beating…

Morocco: Solar-Powered Plane’s Arrival Boosts Solar Energy Industry

Morocco has praised the arrival of a solar-powered plane that flew from Madrid, Spain, to Rabat, marking the world's first intercontinental flight by a manned aircraft operating without liquid fuel. The Solar Impulse plane completed the 830…

Al-Qaeda commander Abu Yahya al-Libi killed

Senior al-Qaeda leader Abu Yahya al-Libi was killed in a drone strike in Pakistan on Monday, US officials say. US officials said Libi was the target of an attack which hit a volatile tribal area of Pakistan's north-west, killing 15 suspected…

China and Russia lead group talks focused on security

China and Russia are leading a group summit, with talks focusing on security and development in central Asia. The stability of Afghanistan is a ''common concern'', said Russian President Vladimir Putin. Leaders of four other countries, Iran,…

Diamond Jubilee: Queen ‘humbled’ by celebrations

The Queen has called her Diamond Jubilee "a humbling experience", saying she had been "touched deeply" by seeing so many people celebrating together. In a message to the nation, she thanked all those who organised the events. Festivities…

153 Dead in Nigerian Plane Crash

Nigerian officials say all 153 people on board a Nigerian passenger aircraft flight were killed when the plane crashed into a building in Lagos. President Goodluck Jonathan has declared three days of official mourning for the victims and ordered…

15 Killed in Reported US Drone Strike in Pakistan

Pakistani officials say a U.S. drone strike in northwestern Pakistan early Monday has killed 15 people. Security officials say missiles were fired into a village in North Waziristan, along the Afghan border. The tribal region has become a hub of…