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Business

The Opposition is calliing on Prime Minister Keith Rowley to disclose the details of a recent meeting he allegedly held with officials of the Sandals group.

Opposition Senator Wade Mark, who claimed such a meeting was held, posed the query to Government in the Senate on Tuesday.

Government appointed a team, headed by former Tobago House of...

Monday, January 10, 2011

NEW YORK – Duke Energy Corp, the third-largest US power company, is near a deal to buy rival Progress Energy Inc for more than $13 billion, according to sources familiar with the matter.

Monday, January 10, 2011

Dutch entrepreneur, Deo Van Wijk, leading a Swiss firm called Janus Methanol, has purchased a mothballed Texas methanol plant and plans to restart production by mid-year.

Monday, January 10, 2011

 PARIS—An international network may have obtained data about Renault’s electric car programme, but its vital technology secrets are safe and production of the vehicles will not be held up, the French carmaker said on Saturday. 

Monday, January 10, 2011

 DENVER—A top IMF official warned on Saturday that the United States must start down a budget deficit-cutting path relatively soon or face crushing debt service costs as interest rates rise. “Time’s a-wasting,” John Lipsky, first deputy managing director of the International...

Sunday, January 9, 2011

What does 2011 represent for T&T’s economy? Increased food prices and the closure of local businesses, is the gloomy prediction from Greig Laughlin, president of the T&T Manufactures’ Association (TTMA), who is warning of further hardships for many as the country continues to grapple...

Sunday, January 9, 2011

Overall Market activity resulted from trading in 11 securities of which four advanced, none declined and seven traded firm.

Sunday, January 9, 2011

T&T-based rum and bitters producer, Angostura Holdings Ltd, is divesting its Canadian assets—Angostura Canada. The million-dollar deal would see two different companies getting a bite of the pie, according to the Angostura CEO Wayne Yip Choy in a telephone interview yesterday.

Friday, January 7, 2011

Overall market activity resulted from trading in nine securities of which four advanced, one declined and four traded firm. Trading activity on the First Tier Market registered a volume of 1,346,605 shares crossing the floor of the Exchange valued at $4,631,637.15.

Friday, January 7, 2011

NEW YORK—Stocks slipped  after the US government reported an increase in applications for unemployment benefits last week. The Labour Department said yesterday that 409,000 people made first-time claims for benefits.

Friday, January 7, 2011

NEW YORK/SAN FRANCISCO— Facebook earned US$355 million in net income in the first nine months of 2010, according to documents distributed by Goldman Sachs, a fraction of the online social network’s US$50 billion valuation.

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