April 20, 2012
Pakistan plane crash victims mourned
Pakistan has begun mourning the victims of a plane crash in a residential area near Islamabad international airport. All 127 people on board the Bhoja Air jet, flight BHO-213 from Karachi to Islamabad, are believed to have died. Rescue workers have…
April 20, 2012
Mexico Volcano Erupts, Spews Ash
Mexico's Popocatepetl volcano erupted Friday morning, sending a cloud of ash towering into the sky southeast of the nation's capital. Mexico's National Disaster Prevention Center posted images on its website of the plume rising from the 5,450-meter…
April 20, 2012
South Sudan Withdrawing From Heglig; Sudan Claims Victory
Tension between Sudan and South Sudan appeared to ease a bit Friday, with word that southern forces no longer occupy the Heglig oil fields, claimed by both sides. The countries gave different accounts of the withdrawal. South Sudan said it was…
April 20, 2012
100 Jamaicans to join Beaches Turks & Caicos
The Gordon 'Butch' Stewart-owned Beaches resorts in the Turks and Caicos Islands is ramping up its Jamaican staff in the British dependency by an immediate 100 persons, with plans for another 50 to be added in the near future. When the additional…
April 20, 2012
RADIO TURKS & CAICOS PARTNERS WITH TCI TOP MODEL CONTEST
The nation’ station, Radio Turks and Caicos (RTC) – once again partners with the TCI Top Model Contest and Fashion Extravaganza - providing an online voters poll. The poll, which starts today – is available on http://www.rtc107fm.com. The site…
April 20, 2012
CIBC FirstCaribbean appoints new Chief Risk Officer
The Board of Directors of CIBC FirstCaribbean has appointed Geoff Scott to the post of Chief Risk Officer, subject to regulatory approvals. He replaces Hugh Boyle, who recently left the bank. Geoff is a seasoned Banker, possessing some 20 years…
April 18, 2012
VAT mixed with low -skill jobs and low wages is a stalled economy
September 1st, 2012 and Saint Lucia is scheduled to be shackled to the core by the economic witches of two political parties. One on the right and the other on the left, both trapped with incomplete reasoning, non – existent visions and ill –…
April 18, 2012
Citigroup investors reject bigger executive pay deal
Citigroup shareholders have voted against giving top executives a bigger pay deal in a rare show of investor discontent. The package, which had increased chief executive Vikram Pandit's pay to $15m (£9m), was backed by just 45% of shareholders.…
April 18, 2012
Italy slashes its 2012 growth forecast
The Italian government has slashed its forecast for the economy in 2012. It was previously predicting a 0.4% contraction in the economy, but has cut that to a 1.2% contraction. The government has also admitted that it will not be able to meet its…
April 18, 2012
Tesco unveils profits rise and £1bn investment in UK
Tesco will invest £1bn in its UK business this year in an attempt to revive its flagging domestic operation. The company is accelerating the revamp of UK stores and promises to hire more staff. That follows falling sales and profits at the UK…