October 13, 2013
Music tourism ‘boosts UK’s economy by £2.2bn a year’
Tourists going to concerts and festivals are boosting the UK economy by as much as £2.2 billion a year. Music tourism is also said to provide 24,000 jobs each year, a report by VisitBritain and UK Music shows. Spending by people from the UK and…
October 13, 2013
Republic of Ireland to exit bailout in December, says PM
The Republic of Ireland is on track to exit its international bailout programme by December, Prime Minister Enda Kenny says. He told the Fine Gael party conference in Limerick that although "fragile times" lay ahead "the economic emergency will be…
October 13, 2013
TCI welcomes big cut in roaming service rates
Digicel boss in the Turks and Caicos Islands, E Jay Saunders said customers in the island chain could save over 50 per cent on roaming services, following a big chop in rates announced last week by the telecommunications giant. "As a commercial…
October 13, 2013
JPMorgan Chase reports quarterly loss on legal costs
JPMorgan Chase has reported a loss in the third quarter after setting aside $9.2bn (£5.8bn) to cover legal bills. The bank lost $380m during the quarter, compared with a profit of $5.7bn in the same period last year. JPMorgan is currently in talks…
October 13, 2013
Royal Mail shares jump sharply on market debut
Royal Mail shares rose 38% to 455p in their first day of conditional dealings on the London Stock Exchange. The hugely oversubscribed sale was priced at 330p a share, valuing the 500-year-old firm at £3.3bn. At one point, the price hit 459.75p.…
October 13, 2013
Obama would sign short-term debt rise
US President Barack Obama is willing to sign a "clean" short-term increase to the US borrowing limit that is free from Republican budget and policy demands, his spokesman has said. Jay Carney's remarks came amid talks aimed at ending the twin…
October 13, 2013
CARICOM Member States urged to move to CCJ
Secretary-General of the Caribbean Community (CARICOM), Ambassador Irwin LaRocque, has called on CARICOM Member States that have not taken the necessary steps to make the Caribbean Court of Justice (CCJ) their final court of appeal, to do so.…
October 13, 2013
St Lucia on ‘high alert’ following suspected dengue death
St.Lucia’s Health Ministry has put the country on high alert for dengue fever and has already reported one suspected death from the disease. Chief Medical Officer Dr. Merlyn Fredericks said her Ministry is awaiting confirmation that a child may have…
October 13, 2013
Countries urged to invest in girl’s education
The United Nations Secretary General Ban Ki-moon has called on countries to work together to invest in education so that girls worldwide can advance in their personal development and contribute to our common future. In his message to commemorate…
October 13, 2013
Brazil landowner jailed for 115 years over landless deaths
A Brazilian landowner has been given a 115-year prison term for the killing of five landless farm workers in the south eastern state of Minas Gerais, in 2004. Adriano Chafik Luedy, and his employee Washington Agostinho da Silva, who was sentenced…