February 14, 2014
India telecoms auction raises $10bn from mobile firms
India's mobile phone firms have bid almost $10bn (£6bn) in a key auction for the country's second-generation (2G) telecoms licences. The amount far exceeded the government's target of $1.8bn, and will be used to shrink its budget deficit. The…
February 14, 2014
China’s consumer inflation holds steady at 2.5%
China's inflation rate remained subdued in January, despite rising food prices during the New Year celebrations. Consumer prices held steady at 2.5% from a year earlier, which was slightly higher than many economists expected. The National Bureau…
February 14, 2014
Jamaica Meets Latest IMF Targets
Jamaica met all of its quantitative performance targets and indicative targets for the end of December, according to the International Monetary Fund. The IMF, which recently concluded a nine-day mission to Jamaica, said it had reached “preliminary…
February 14, 2014
Tyre maker Bridgestone pleads guilty to price-fixing
Tyre maker Bridgestone has pleaded guilty to price-fixing and agreed to pay a $425m (£255m) fine to the US Department of Justice (DOJ). According to the charges, Bridgestone participated in raising the prices of anti-vibration rubber parts sold to…
February 14, 2014
Comcast buys rival Time Warner Cable for $45bn
Comcast has confirmed a deal to acquire Time Warner Cable for about $45bn (£27bn), creating a company that could control three-quarters of the US cable industry. Comcast will pay about $159 per share for its rival in an all-stock deal. The deal…
February 14, 2014
U.S., Mexico to play friendly April 2
The U.S. soccer team will host Mexico in an exhibition game April 2 at Glendale, Ariz., as both nations prepare for the World Cup. The game, announced Thursday, is not on a FIFA fixture date. That means Europe-based players are not likely to be…
February 14, 2014
Panama to Host Games Between Yankees, Marlins in March
The New York Yankees and the Miami Marlins will play a two-game series of exhibition games in Panama City next month, the clubs announced Thursday. The two-game series will be the first Major League Baseball games played in Panama since 1947. The…
February 14, 2014
CFU adopts integrity measures
Integrity in football is a concept spreading across the Caribbean. At least as far as the region’s governing football body is concerned. The Caribbean Football Union (CFU) recently adopted integrity measures for all competitions, following in the…
February 14, 2014
Four Windies players retained, five sold in IPL auction
Four West Indies cricketers have been retained to play for their respective franchises while another five have been purchased on the first day Wednesday of the 2014 Indian Premier League (IPL) player auctions. Dwayne Bravo has been retained by the…
February 14, 2014
Guyana dismissed for 181 in Super50 semi
Guyana, winning the toss and batting against Barbados in the second semi-final of the NAGICO Super50 regional competition were dismissed for 181 in 48.4 overs at the Queen's Park Oval on Thursday. Scores: Guyana 181 all out (48.4 overs) Narsingh…