News

June 16, 2011

H.M New Governor to the TCI is Damian Todd

Mr D R (Ric) Todd has been appointed Her Majesty's Governor to Turks and Caicos Islands in succession to Mr Gordon…

June 16, 2011

Digicel clarifies revenue performance

Digicel Group Limited, a provider of mobile and data storage services, has clarified its…

June 16, 2011

Hewlett Packard settles Oracle case over Hurd job

Computer maker Hewlett-Packard (HP) has settled a lawsuit brought against former boss Mark Hurd as it tried to stop him joining rival Oracle. Under the deal, Mr Hurd will give up about $30m (£19.3m) in HP shares he was given in his severance…

June 16, 2011

Online radio firm Pandora floats for $2.6bn in New York

The US internet radio service Pandora Media rose sharply on its debut on the New York Stock Exchange, before falling back. The firm, which has yet to make a profit, had an offering price of $16 (£9.76) a share. It rose as high as $26 a share on…

June 16, 2011

China’s property rating downgraded on tightening credit

Rating agency Standard & Poor's has downgraded its outlook for China's property market from stable to negative due to the country's tightening credit policy. The agency said as credit becomes more restricted there was a possibility of a downturn…

June 16, 2011

Greek PM George Papandreou to unveil new cabinet

Greek Prime Minister George Papandreou is set to announce a new cabinet as a concessionary move as he seeks support for new austerity measures. Mr Papandreou, who will stay in his post, says he will put the new government to a vote of confidence…

June 16, 2011

Serena Out of Eastbourne Tournament

Serena Williams’ comeback run at Eastbourne ended today in the second round with a…

June 16, 2011

Venus Williams wins through at Aegon International

Five-time champion Venus Williams continued her Wimbledon preparations with a 6-3 6-2 defeat of Ana Ivanovic at the Eastbourne Aegon International. The American, 31 on Friday, has dropped to 33 in the world rankings but will be seeded 23rd at SW19…

June 16, 2011

Bahrain Grand Prix cut from 2011 F1 calendar

Formula 1's governing body the FIA has confirmed that the Bahrain Grand Prix will not be part of the 2011 programme. The race, originally scheduled for 13 March, was called off in February after more than 30 lives were lost during pro-democracy…

June 16, 2011

WI cricketer Marlon Samuels says he’s confident form will return

It was a confident Marlon Samuels who touched down at the Norman Manley International Airport yesterday, as he looks forward to the Jamaica leg of the Digicel Pearls one-day inter-national series. The West Indies and Jamaican middle order…