November 4, 2011
AIG posts $4.1 billion loss
American International Group is back in the red. Way in the red. The bailed out insurer posted a net loss of $4.1 billion on Thursday, a loss per share of $2.16 for the third quarter. While analysts hadn't expected the company to post a profit,…
November 4, 2011
Republic Bank earns $1.1B in profit
Republic Bank has recorded an annual profit of $1.1 billion for the financial year ended September 30, 2011. That’s a 12.8 percent increase over last year of profit attributable to shareholders from the bank’s holdings here in Trinidad and…
November 4, 2011
Stocks in Europe spike as Greek referendum scrapped
Stocks rose sharply yesterday as the Greek prime minister bowed to massive political pressure to scrap a referendum on a European bailout plan. A surprise rate cut from the European Central Bank also helped boost sentiment following days of…
November 4, 2011
Secretary of State Hillary Rodham Clinton & other Ministers on Dominica’s Anniversary of Independence
On behalf of President Obama and the people of the United States, I am delighted to send…
November 4, 2011
200 charges for fraud in Trinidad
WARRANTS have been issued for the arrest of three senior public servants on charges that they defrauded the Board of Inland Revenue (BIR) of more than $.6 million. One of the officials is currently on suspension and has similar matters before the…
November 4, 2011
Cruise ships set record for Port of Nassau, Bahamas
Almost 25,000 visitors brought ashore. Downtown Nassau bustled with commerce October 27, when the port made history by hosting seven cruise ships at once for the first time. The seven ships is a record for the recently-revamped port. The ships…
November 4, 2011
ICC: Corruption not rampant
Cricket's anti-corruption chief insists illegal betting is not endemic in the game,…
November 4, 2011
NBA lockout tough for Samuels
National basketball standout Samardo Samuels says the constant delay to the start of the National Basketball Association (NBA) season has been affecting him physically and mentally. The impasse between the NBA players and owners over revenue…
November 4, 2011
Carifta Games on track
Officials have indicated that the lengthy to-do list is gradually shrinking, five months ahead of the Carifta Games to be staged next April at the National Sports Centre. Bermuda Track & Field Association president Donna Watson said things were…
November 4, 2011
Lloyd: Windies future bright
Former legendary captain of the all-conquering West Indies team Clive Lloyd says that he is convinced that West Indies cricket is on the upward curve. "I have seen the signs, I am seeing the 'green shoots' in players like Kirk Edwards and André…