July 2, 2012
Anbell’s barter system goes international
COMPANIES short of cash or seeking new business can barter their goods and services on the Anbell Trade Exchange (ATX), a new cashless trading platform. What's more, members may access over a 100 companies on the exchange locally, and will be…
July 2, 2012
LIAT statement on delayed salary payments
The management of LIAT (1974) Ltd has taken note of reports in the regional media regarding the delayed payment of salaries for the month of June 2012. Corporate Communications Manager Desmond Brown on Thursday confirmed that the Company has…
July 2, 2012
Barclays bank chairman Marcus Agius to resign
Marcus Agius is to resign as the chairman of Barclays in the wake of the Libor lending rate scandal. BBC business editor Robert Peston says Mr Agius will admit to an "unacceptable standard of behaviour" at Barclays when he makes the announcement…
June 28, 2012
Merkel heads to Brussels for crucial euro summit
European Union leaders are preparing to meet for a closely-watched Brussels summit on the fate of the euro. On the summit's eve, German Chancellor Angela Merkel held two hours of talks with the French President Francois Hollande in Paris. The two…
June 28, 2012
Barclays fined for attempts to manipulate Libor rates
Barclays has been fined £290m ($450m) for trying to manipulate a key bank interest rate which influences the cost of loans and mortgages. Its traders lied to make the bank look more secure during the financial crisis and, sometimes - working with…
June 28, 2012
Stockton, California to Declare Bankruptcy
Stockton, California will be the latest and largest U.S. city to seek federal bankruptcy protection. The city council voted 6 to 1 to file for bankruptcy under Chapter 9 of the federal bankruptcy code, under which a judge would decide how the city…
June 24, 2012
Bravo found guilty of breaching ICC Code of Conduct
West Indies player Dwayne Bravo has been fined 20 per cent of his match fee after being found guilty of breaching the ICC Code of Conduct after the One-Day International between England and the West Indies at The Oval on Tuesday. Bravo was…
June 24, 2012
Greek PM Samaras to miss EU summit following surgery
Greece's new Prime Minister Antonis Samaras will miss this week's EU summit while he recovers from eye surgery, according to a government spokesman. He underwent routine surgery on Saturday for a damaged retina, with the operation said to have…
June 24, 2012
GM recalls Chevrolet Cruze over fire risk
US car manufacturer General Motors has recalled almost half a million cars to reduce the risk of fire. It plans to modify Chevrolet Cruze sedans, a popular model, so that flammable liquids are not caught in the engine, GM said. The recall affects…
June 24, 2012
Nintendo to revamp 3DS handheld with bigger screens
Nintendo will start selling a version of its 3DS handheld gaming console with bigger screens from July. The 3DS LL, which will be known as the XL outside Japan, will have displays that are almost twice as big as those on the current version. It…