October 30, 2012
Hotels brace for Sandy fall-off
President of the JHTA Evelyn Smith told the Jamaica Observer yesterday that local hoteliers were closely monitoring the effects of the storm on the US cities as major damage to these markets could have serious implications, even for the upcoming…
October 30, 2012
T&T missions on alert in Canada, NY, Washington
Prime Minister Kamla Persad-Bissessar says T&T’s missions in Washington, New York, Miami and Canada have been asked to keep lines open so as to respond to the needs of Trinidadians in the US and Canada in the aftermath of Hurricane Sandy. In a…
October 30, 2012
Caribbean Airlines new plane makes emergency landing
An investigation has been launched into an incident involving one of the new planes recently acquired by Caribbean Airlines.An ATR 72-600 with 44 passengers and four crew had to return to Piarco International Airport in Trinidad on Friday after a…
October 30, 2012
Venezuela: Minister Henry Rangel eyes state governorship
Venezuelan President Hugo Chavez has announced that his current defence minister, Gen Henry Rangel, is to seek election as a state governor. Mr Chavez said the navy commander, Adm Diego Molera, would be his replacement. Gen Rangel, a close associate…
October 30, 2012
Colombia rebel ambush kills six officers, police say
Six Colombian police officers have been killed while on patrol in the south-west of the country in an ambush blamed on left-wing rebels, officials say. The officers were shot dead in Cauca province by suspected Farc guerrillas, local police said.…
October 30, 2012
US markets to remain closed on today amid Hurricane Sandy
Hurricane Sandy has continued to disrupt business in the US East Coast, including forcing US stock markets to close again on Tuesday. Sandy has flooded subway and road tunnels in much of Lower Manhattan. Beyond New York City, public transport has…
October 30, 2012
Japan boosts stimulus measures to spur growth
The Bank of Japan has boosted its key stimulus measure amid concerns that Japan's economic recovery may be running out of steam. It has extended its asset purchase programme, under which it buys bonds to keep long-term borrowing costs down, by 11…
October 30, 2012
Apple’s Scott Forstall and John Browett to leave firm
Apple has announced a major shake-up of its management, with two senior executives to leave the company. The announcement follows embarrassing problems with its new mapping software and disappointing quarterly results. Scott Forstall, head of its…
October 30, 2012
BP profits fall but dividend is raised 12.5%
Oil giant BP has reported a fall in profits for the past three months. Replacement cost profit, which strips out the effect of oil price movements, was $4.69bn (£3bn), down from $5.27bn for the quarter last year. However, chief executive Bob Dudley…
October 30, 2012
Storm Sandy causes severe flooding in eastern US
"Super-storm" Sandy has swept into the US East Coast with hurricane-force winds, bringing flooding, cutting power and claiming at least 13 lives. Sandy caused a record surge of seawater in New York City, flooding subway and road tunnels and plunging…