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Business

With the shut down of the Tourism Development Company (TDC) expected by month end, Joseph Remy, Secretary General of the Communication Workers’ Union (CWU), has renewed his call for the Tourism Ministry to make public the report which influenced that decision.

The report was done by Cecil Miller, former head of the Barbados Tourism Authority, who...

Sunday, February 13, 2011

Nineteen months after Angostura Holdings Ltd was suspended from trading on the Trinidad and Tobago Stock Exchange, the TTSE board announced that it had decided to allow trading in the rum and bitters produce to resume.

Sunday, February 13, 2011

Five directors of the National Flour Mills (NFM) have resigned, causing the majority state-owned company to be in breach of the Companies Act, according to a statement from the board of the T&T Stock  in which it “strongly reprimanded” NFM.

Saturday, February 12, 2011

The Francis Fashions Shoe Locker Group, in what is probably the largest charitable donation in T&T so far, has donated over 100,000 pieces of clothing and footwear to the needy children across the country. All the clothing is new, brand name pieces straight from their stores...

Saturday, February 12, 2011

NEW YORK—The S&P and Nasdaq eked out gains in the final minutes of trading yesterday as Egyptian President Hosni Mubarak said he would delegate powers to the vice president, though he stopped short of resigning.

Saturday, February 12, 2011

Overall market activity resulted from trading in nine securities of which none advanced, two declined and seven traded firm. Trading activity on the first tier market registered a volume of 564,195 shares crossing the floor of the Exchange valued at $11,545,075.72. 

Saturday, February 12, 2011

After intense investigation, the Environmental Management Authority (EMA) has issued a Notice of Refusal to the National Energy Corporation of Trinidad and Tobago (NEC) for the establishment of a port, causeway, turning basin and navigation channel at Claxton Bay.

Saturday, February 12, 2011

Trinidad and Tobago is set to benefit as the Government is about to give the greenlight to a US $2 billion ammonia downstream plant.

Friday, February 11, 2011

NEW YORK—A German takeover of the New York Stock Exchange, the citadel of American capitalism, would have shocked its floor traders in years gone by. But not now.

Saturday, February 12, 2011

CARACAS, Venezuela—Workers at a Coca-Cola bottling plant in Venezuela have ended a strike that lasted nearly a month and drastically cut back production of soft drinks in the country, the company said yesterday.

Friday, February 11, 2011

BERLIN— Stock market operator NYSE Euronext said yesterday that it is in “advanced discussions” about a possible merger with Germany’s Deutsche Boerse AG, which runs the Frankfurt stock exchange.

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