June 30, 2013
Region urged to reduce deficits
Caribbean Community (CARICOM) governments have been told there must be sustained economic diversification if they are to successfully reduce their fiscal deficits. Barbados Prime Minister Freundel Stuart gave the advice as he addressed the opening…
June 30, 2013
Blackberry shares plunge after $84m first-quarter loss
Shares in smartphone maker Blackberry have dived after it reported an $84m (£55m) loss for the three months to 1 June. The figure was better than the $518m loss for the same period last year, but much worse than analysts' forecasts. The company,…
June 30, 2013
Facebook removes ads from controversial pages to avoid boycot
Facebook has announced a major revamp of its advertising systems in an attempt to deal with concerns about offensive content. There will now be new restrictions on where adverts appear on the site. Marks and Spencer and BSkyB were among companies to…
June 30, 2013
Terry Leahy legacy criticised by former chairman
Tesco's former chairman Lord MacLaurin has criticised the legacy left by ex-chief executive Sir Terry Leahy. He told the annual meeting that current chief Philip Clarke needed three years to revive the UK's biggest retailer. Sir Terry is credited…
June 29, 2013
Gold price falls below $1,200 an ounce
At the same time, the slowdown in the global economy, prompted central banks across the world to lower interest rates - to historic lows in many cases - in an attempt to try to boost growth. Analysts said that with interest rates so low, investors…
June 29, 2013
Buju Banton Freed Of Gun Charge, Juror Held In Contempt
The journey continues but it was a great day for Buju Banton in his ongoing case before a Florida Federal Court. Federal Judge James Moody handed down a ruling on Wednesday (June 26) dismissing the gun charge that was injected back into the case by…
June 29, 2013
Anti-Drug Group Urges British Fashion Chain to Drop Rihanna
Anti-drug campaigners urge fashion chain River Island to stop using Rihanna in its product campaign after the singer posted pictures of her smoking giant rolled-up cigarettes, which appeared to be marijuana on her Instagram and Twitter accounts last…
June 29, 2013
‘Terminator’ New Trilogy to Begin in 2015
Paramount Pictures, Annapurna Pictures and Skydance Productions have officially unveiled release date for "Terminator 5". From the press release, the film, described as a "rebooted Terminator movie," is set to open in theaters on June 26, 2015, and…
June 29, 2013
Jay-Z Gets Approval For Surprise Concert
Jay-Z is set to perform atop the marquee of the Ed Sullivan Theater. The New York Post reports that New York City Mayor Bloomberg has approved Jay-Z's application to perform at the same building where the "Late Show With David Letterman" is taped.…
June 29, 2013
Bert Stern, Monroe photographer, dies in New York
Famed US photographer, Bert Stern, best known for his images of Marilyn Monroe in what became known as The Last Sitting, has died at the age of 83. Film-maker Shannah Laumeister, 43, who said the two were secretly married in 2009, confirmed he died…