October 30, 2013
Nokia telecoms division profits down by a third
Operating profit at Nokia's telecoms solutions and networks - its main business once its phones division is sold - fell 33% in the third quarter to 218m euros ($300m; £186.6m). The Finnish firm forecasts the business's profit margin will rise…
October 30, 2013
US shares hit fresh all-time highs
US shares hit fresh all-time highs on Tuesday, ahead of the conclusion of a Federal Reserve meeting that is expected to see economic stimulus measures maintained. On Wall Street the Dow Jones closed up 111 points at 15,680 - beating the previous…
October 30, 2013
India raises interest rates for the second month running
India's new central bank governor has raised interest rates for the second consecutive month by a quarter of one percent to 7.75% to try to fight inflation. The move applies to the benchmark repo rate - the rate at which the central bank lends to…
October 30, 2013
BP sees lower quarterly profits but beats forecasts
Oil giant BP has reported sharply lower profits for the third quarter of 2013. Underlying replacement cost profit, which strips out the effect of oil price movements, was $3.69bn (£2.29bn) - down from $5.02bn for the same period a year ago. BP said…
October 30, 2013
FORMER PREMIER HON. MICHAEL MISICK TO BE EXTRADITED FROM BRAZIL
The Office of the Premier can confirm that today, at 6:00 pm we were informed by the Attorney General’s Chambers, via the Governor’s Office, that the Former Premier, Hon. Michael Misick has lost his proceedings in the Brazilian courts against the…
October 30, 2013
TCI Authorities seize two sloops, detain 237 Illegal Migrants
The Ministry of Border Control and Labour has sent their final reports to RTC News this evening, informing us that two illegal sloops were intercepted in the TCI waters, between the hours of 12:30 and 10:30 am today, October 29, 2013. A total of…
October 30, 2013
DEMA Sets the Record Straight on Pelagic Fishing Study
The Ministry of Environment, Home Affairs and Agriculture and the Department of Environment and Maritime Affairs (DEMA) are clarifying misleading information regarding a UK-funded pelagic fishing now being carried out in TCI Waters. The study which…
October 30, 2013
TCICC Foundation will be hosting their first major fundraiser
The TCICC Foundation will be hosting their first major fundraiser under the patronage of the Hon. Minister of Education, Ms. Akierra Missick, at the Regent Palms Ballroom on November 8, 2013 The proceeds from this venture will be to (1)…
October 30, 2013
TCHTA and TCI Chamber of Commerce, are shocked by Government’s decision to increase Customs Processing Fee
The TCHTA and TCI Chamber of Commerce, are shocked by Government's alleged decision to increase the country's Customs Processing Fee (CPF), a move that will undermine the tourism and hospitality industry and ultimately threaten the destination's…
October 30, 2013
Makayla Tucker, Miss Unique Creations, crowned queen
After 8 weeks of immense training the grand finale for the HJ Robinson's Evening of Excellence Pageant under the theme "Beauty anchored upon Intelligence took place on Saturday night at the school's auditorium. 11 young ladies ranging between 3rd…