May 22, 2012
Sharks wins two out of five m
A top score of 84 runs by Errion Charles helped the Sharks to win the second game of the five match KARE BBQ Joint (Restaurant) Sponsored Grand Turk Cricket Association Cricket series, which was played at the Parade Ground in Grand Turk on Saturday…
May 22, 2012
Trinidad, OECS to talk CLICO
Prime Minister of St Kitts-Nevis Dr Denzil Douglas is hoping to meet with his Trinidad and Tobago counterpart next month to thrash out details of an agreement in relation to the CLICO debacle. Douglas said he and other leaders in the Organization…
May 22, 2012
Weak euro affects investments in China
While EU members are debating whether Greece will need to exit the eurozone or not, the impact of the weak euro has spread to Asian countries including China. People are starting to feel the volatility of forex markets both in investments as well…
May 22, 2012
Facebook shares close 11% below flotation price
Shares in Facebook closed well below the price at which they were floated amid doubts that the newly-listed company can live up to expectations. The shares debuted on the Nasdaq stock exchange at $38 each on Friday, but ended 11% down on Monday.…
May 22, 2012
JPMorgan suspends share buy-back
JPMorgan Chase has suspended its share buy-back programme, following a recent $2bn (£1.2bn) trading blunder. But the bank's chief executive, Jamie Dimon, said at a conference in New York that it would keep paying a dividend. JPMorgan was scheduled…
May 22, 2012
Google must answer EU antitrust concerns over search
Google has "a matter of weeks" to allay concerns it is abusing its dominant position in the search engine market, the European Commission has said. An investigation by Europe's antitrust head Joaquin Almunia looked at whether Google gave…
May 22, 2012
Russian PM outlines major tasks for new government
Russian Prime Minister Dmitry Medvedev has set up major tasks for the newly-unveiled government. During the first cabinet meeting, Medvedev outlined seven priorities for the new government. Among them are pushing forward basic socio-economic…
May 22, 2012
China fake parts ‘used in US military equipment’
Vast numbers of counterfeit Chinese electronic parts are being used in US military equipment, a key Senate committee has reported. A year-long probe found 1,800 cases of fake parts in US military aircraft, the Senate Armed Services Committee…
May 22, 2012
Mali Interim President Attacked, Taken to Hospital
Protesters who broke into Mali's presidential palace attacked the country's interim leader, who was rushed to a hospital in the capital, Bamako. Hospital workers said Mali's interim president, Dioncounda Traore, was released after emergency…
May 22, 2012
Syrian Unrest Spills Into Lebanon; Battles in Beirut
Hundreds of Lebanese mourners fired into the air Monday at a raucous funeral for an anti-Syrian cleric whose killing has set off deadly street battles in Beirut. News that Sheikh Ahmed Abdul-Wahid had been gunned down in Lebanon set off battles…