February 16, 2015
US178.3M SURPLUS A REFLECTION OF TOURISM PARTNERS’ MARKETING EFFORTS
The Dr. Rufus Ewing led administration recently announced its achievement of US$178.3M for the first three quarters, and the Turks and Caicos Hotel and Tourism Association – TCHTA – is commending the administration for a job well done in achieving…
February 16, 2015
TCI GOVERNOR PRESENTS FINDINGS OF FSC REVIEW TO ITS BOARD
His Excellency the Governor Peter Beckingham presented a Review of the Financial Services Commission to its Chairman, Sir Eroll Allen, and Director Kevin Higgins on 10 February. The Review was commissioned by the Governor’s Office and conducted by…
February 16, 2015
Lance Armstrong given $10m bill after losing lawsuit
Lance Armstrong must pay $10m (£6.51m) in damages after losing a lawsuit with insurance firm SCA Promotions Inc. In 2006 Armstrong, 43, received $7.5m (£4.88m) in payments from SCA relating to his seven Tour de France victories. Armstrong admitted…
February 16, 2015
West beat East in highest-scoring NBA game
Russell Westbrook led Western Conference to a 163-158 victory over Eastern Conference in the highest scoring NBA All-Star Game in history. Oklamhoma City point guard Westbrook, 26, hit 41 points to claim Most Valuable Player honours, with LeBron…
February 16, 2015
Cyber-security experts judge ‘$1bn bank hack’ report
A leading security company says it has uncovered an "unprecedented" cyber-attack on up to 100 banks, which could result in $1bn (£648m) of losses. But security experts are split over the severity of the alleged breaches, and on how much cash was…
February 16, 2015
Global dividend income hits new record of $1.167 trillion
The total dividend income paid to shareholders around the world rose by 11% last year to $1.167 trillion, according to investment firm Henderson Global Investors. The biggest increase in cash payouts came from US firms at $52bn. Henderson said…
February 16, 2015
Ziggy Marley on a Musical High
Reggae act Ziggy Marley has responded to criticism that his family automatically wins a Grammy Award once nominated. The 46-year-old became the most Grammy-decorated reggae artiste winning for his album Fly Rasta, on Sunday. The win earned him a…
February 16, 2015
Bolt plans to quit after 2017
Jamaican sprint sensation Usain Bolt plans to bow out in glory after the 2017 World Championships in London, he said in a British newspaper interview published yesterday. The 28-year-old six-time Olympic champion had previously suggested he would…
February 16, 2015
CRICKET WORLD CUP: Ireland shock West Indies at World Cup
Ireland pulled off the biggest shock of the World Cup so far when they downed two-time champions West Indies by four wickets in Nelson on Monday. The victory, the first by a team batting second in five games so far, followed on from Ireland's famous…
February 16, 2015
Libyan, Egyptian Airstrikes Target IS in Libya
Egyptian and Libyan warplanes carried out airstrikes Monday against the Islamic State group in eastern Libya, the militaries said, in retaliation for militants beheading 21 Egyptian Coptic Christians who were kidnapped in Libya. The bombings…