Ireland embarrass poor Windies in T20 opener

IRELAND inflicted a surprising and historic six-wicket win over world champions West Indies in yesterday's opening encounter of the two-match Twenty20 (T20) International series between the teams at Sabina Park in Kingston. As both teams cast their…

Canada Wins Fourth Straight Olympic Gold in Women’s Hockey

Canada's women's ice hockey team has won its fourth straight Olympic gold medal, beating the United States, 3-2, in an overtime thriller in Sochi. Marie-Philip Poulin scored the winning goal eight minutes into overtime Thursday at the Bolshoi Ice…

Russia’s Soknikova Wins Gold in Figure Skating

Adelina Soknikova won Russia's first-ever Olympic figure staking gold medal in stunning fashion Thursday, upsetting defending champion Kim Yuna Thursday at the Sochi Games.  The 17-year-old Soknikova posted a score of 224.59, 5.48 points ahead of…

OECS public servants assured no salary cuts

Public servants across the Organisation of Eastern Caribbean States (OECS) have been given the assurance that there will be no cuts in their salaries while the governments battle the effects of a current global economic downturn. The decision came…

Government reiterates that Bank of Bahamas is safe

The Bahamas government has again sought to reassure nationals that it was not interfering in the operations of the Bank of Bahamas (BOB) in which it has 65 per cent majority share holding.  “The Government does not control or interfere in the…

Shell in $2.6bn Australia asset sale

Oil giant Royal Dutch Shell has agreed to sell its Australian downstream business to oil trading firm Vitol for $2.6bn (£1.6bn).  The sale includes Shell's refinery in Geelong, 870 service stations, its bulk fuels and chemicals unit and part of its…

Wal-Mart reports fall in quarterly profits

The world's largest retailer, Wal-Mart, has reported a 22% drop in quarterly profit and given a weaker-than-expected earnings forecast for the coming year. Net income for the three months to 31 January fell to $4.4bn (£2.6bn) from $5.6bn a year…

BAE Systems shares down 10% on lower earnings forecast

Shares in BAE Systems have dropped 10% after the defence group announced a big fall in profits in 2013 and said earnings would decline this year.  Pre-tax profits for the year fell by two-thirds to £442m, down from £1.2bn in the previous year,…

Clashes Break Out in Kyiv Despite Truce

Witnesses in the Ukrainian capital say at least 33 people were killed in clashes that erupted between anti-government protesters and police Thursday, hours after President Viktor Yanukovych announced a truce with opposition leaders. The European…

Obama to Host Dalai Lama at White House

U.S. President Barack Obama will meet the Dalai Lama Friday at the White House, prompting a statement of "serious concern" from China. The White House said late Thursday that Mr. Obama is meeting the Dalai Lama "in his capacity as a respected…