Twitter wants to raise $1bn in its stock market debut

Social networking company Twitter has said it plans to raise $1bn (£619m) in its stock market debut in documents filed with US regulators.   In the filing, revealed on Thursday, the seven-year-old company said that it now has 218 million monthly…

CAL, Fly Jamaica denied US rejects Fly Jamaica, CAL bids for direct Guyana-New York flights

The US Government has denied applications by Fly Jamaica and Caribbean Airlines Limited (CAL) to offer direct flights between Georgetown, Guyana and New York. "By this order we deny the requests of Fly Jamaica Airways Limited, a foreign air carrier…

Swiss regulator investigates banks over foreign exchange deals

Switzerland's financial regulator is investigating possible manipulation of foreign exchange rates at several Swiss financial institutions.   The regulator, FINMA, said several banks, including some from outside Switzerland, could be implicated.…

2,000 local and foreign reps for 2014 competitiveness forum in T&T

Trinidad and Tobago will host about 2,000 foreign and local public and private sector representatives in Port of Spain when the country holds the Americas Competitiveness Forum (ACF) next year. Prime Minister Kamla Persad-Bissessar made the…

London seeks talks with Howai over THA budget allocation

Tobago House of Assembly (THA) Chief Secretary Orville London is seeking an urgent meeting with Finance Minister Larry Howai to “discuss financing options that must now be explored” in light of the $2.4 billion allocation provided to the THA in the…

Derrick Rose aggressive in return

Chicago Bulls star point guard Derrick Rose returned to the court Saturday night after missing the past 17 months while recovering from knee surgery, scoring 13 points in 20 minutes in an 82-76 victory against the Indiana Pacers in both teams'…

Rafael Nadal reclaims No. 1 ranking

Rafael Nadal has been No. 1 in the world rankings before. In two stints, in fact. But it's safe to say getting to top spot for a third time is a little extra special for the Spaniard. When Nadal reached the final of the China Open in Beijing, he was…

FIFA World Cup Trophy travels to the Caribbean

This is it! The coveted FIFA World Cup Trophy is in Jamaica this weekend. The official unveiling will take place later Sunday evening.   The Trophy arrived in Jamaica Saturday on the FIFA World Cup Trophy Tour, sponsored by Coca-Cola.   The trophy…

US take command over Internationals President Cup

The United States have built up a five-point lead over the International team at a storm-affected Presidents Cup at Muirfield Village, Ohio.  The hosts won four of Saturday's five fourball matches and the only foursomes match to be completed to open…

Dwight Howard: I’m not stupid

Dwight Howard says he's not a stupid player, despite Kareem Abdul-Jabbar's criticism, and he doesn't know why the legend cares anyway.   "Dwight is an extraordinary athlete and has incredible athletic ability, but basketball is a game where the most…