July 11, 2012
Bolt’s agent says Olympic champ ‘feeling good’
Usain Bolt's agent says the three-time Olympic champion is back in full training and "feeling good". Ricky Simms tells The Associated Press that the Jamaican sprinter is fit ahead of the defence of his titles in the 100, 200 and 4x100 at the London…
July 11, 2012
WI hunt clincher in ODI series
West Indies enter today's third One-Day International (ODI) against beleaguered New Zealand knowing a win will hand them their first series triumph over a top-eight side in four years. The Caribbean side, propelled by exhilarating form by opener…
July 11, 2012
ILO warns eurozone risks losing 4.5 million more jobs
The eurozone could lose 4.5 million more jobs in the next four years unless the region shifts away from austerity, the International Labour Organization (ILO) has warned. That rise would take unemployment in the 17-nation bloc to 22 million. The ILO…
July 11, 2012
Anniversary of the Peg of the EC Dollar
July 7th marked 36 years since the EC dollar has been pegged to the US dollar at a fixed rate of EC$2.70 to US$1.00.Deputy Governor of the Eastern Caribbean Central Bank, Mr Trevor Brathwaite says the stability of the EC dollar provides the citizens…
July 11, 2012
China cuts retail fuel price by 5% as oil demand falls
China, the world's second biggest consumer of fuel, has cut retail oil prices by about 5% with immediate effect. This is the third cut in two months, and some analysts say could be an attempt to increase fuel consumption. Demand for oil fell for the…
July 11, 2012
Apple brings new iPad to China after trademark dispute
Apple has said it will start selling the new iPad in China on 20 July, after it settled a dispute involving rights to the "iPad" name in the country. Apple agreed to pay $60m (£38m) earlier this month to Chinese firm Proview, which claimed it had…
July 11, 2012
US brokerage PFG files for bankruptcy
US futures broker Peregrine Financial Group, which has been accused of fraud, has filed for Chapter 7 bankruptcy, meaning it will be liquidated. Its accounts were frozen on Monday following the attempted suicide of its founder, Russell Wasendorf……
July 9, 2012
Andy Murray beaten by Roger Federer & Serena beat Radwanska in final of Wimbledon 2012
Andy Murray's bid to win Wimbledon was ended by Roger Federer as the Swiss claimed a record-equalling seventh SW19 triumph and 17th Grand Slam title. Murray, 25, was aiming to become the first British man since Fred Perry in 1936 to lift a major…
July 9, 2012
Boston’s Ray Allen Signs with Miami Heat (Blame Rondo)
Ray Allen has signed with the Miami Heat! That’s right, the Miami Heat … the same team that knocked his now-former employer the Boston Celtics out of this past season’s playoffs. Allen took less money to sign with the reigning world champions was…
July 5, 2012
Barclays credit rating outlook cut by Moody’s and S&P
Rating agencies Moody's and Standard and Poor's have lowered their outlook on Barclays from stable to negative amid the bank rate-rigging scandal. Moody's said shareholder and political pressure was creating uncertainty about the bank's future. S&P…