January 7, 2015
CIBC FirstCaribbean reports $95-million loss
LOAN loss impairments led CIBC FirstCaribbean Bank Jamaica Ltd to record a $95-million net loss for its year ending October 2014, according to just released data. However, it comes within the context of wider losses from the bank's regional……
January 7, 2015
The charger that boosts cellphone batteries in seconds
A Samsung smartphone has just been recharged from being nearly out-of-juice to full capacity in less time than it takes to boil a kettle. The Israeli start-up behind the demo, Storedot, has shown off a similar feat before. But a previous demo posted…
January 7, 2015
Brent Crude oil price dips below $50 a barrel
The price of Brent crude oil has fallen below $50 a barrel for the first time since May 2009. It fell more than a dollar to $49.92 a barrel in early trading on Wednesday before edging back above the $50 mark. Slowing global growth and increased…
January 7, 2015
Barcelona president says striker Lionel Messi is ‘happy’
Lionel Messi is happy at Barcelona and will stay with the club until at least the end of his contract in 2018, says president Josep Maria Bartomeu. Reports in Spain suggest that La Liga's all-time record goalscorer, 27, is unhappy under coach Luis…
January 7, 2015
Man Utd to sign former Barcelona goalkeeper
Former Barcelona goalkeeper Victor Valdes has accepted an offer to join Manchester United. The Spain international, who has been training with United in his bid to recover from a serious knee injury, has agreed an 18-month contract. Valdes, 32, won…
January 7, 2015
Boxing legend Muhammad Ali released from hospital
Boxing legend Muhammad Ali has been released from a hospital after being admitted last month with a severe urinary tract infection. The three-time world heavyweight champion, a cultural icon, is back home after being discharged on Tuesday night, a…
January 7, 2015
OPPOSITION SERIOUSLY CONCERNED OVER HIGH COST OF FUEL STILL
Leader of the Opposition the Honorable Sharlene Cartwright-Robinson voiced her concerns today over the high cost of fuel impacting Turks & Caicos Islanders. The Leader in her release states the following: With the steady plummeting of the price…
January 7, 2015
Two linked to the TCI sworn in as Counsel & Cabinet Minister in the Bahamas
Among the new Bahamas Cabinet Ministers and Queen’s Counsels sworn in were two with links to the Turks and Caicos Islands. The Hon. Arnold A. Forbes, Member of Parliament for Mount Moriah, was announced yesterday as the new Minister of State in the…
January 7, 2015
Dr Dre and Jimmy Iovine sued over Beats/Monster headphone partnership
Dr Dre and Jimmy Iovine are being sued by a former business partner who co-designed their Beats headphone range. Noel Lee, whose firm Monster helped launch Beats by Dre in 2008, says his company was betrayed and its technology "pirated". He alleges…
January 7, 2015
Cuba ‘frees US-listed prisoners’
The Cuban government has released some of the 53 political prisoners on a US list, the state department has said. Spokeswoman Jen Psaki said Washington hoped to see all those on the list released soon but did not specify who was now free. Signalling…