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T&T continues to attract international firms which create new employment opportunities for its citizens. More than 100 persons have been employed to provide support at international airline carrier American Airlines’ reservation centre in Port of Spain. The new offices, which were formally opened on Tuesday in Maraval, service the Caribbean, the...

Wednesday, March 30, 2011

HELSINKI—Nokia is suing Apple in the United States for allegedly infringing patents in its mobile phones, portable music players, tablets and computers, the Finnish company said yesterday. The complaint, filed with United States International Trade Commission, ITC, is the latest...

Wednesday, March 30, 2011

WASHINGTON—More than two-thirds of offshore leases in the Gulf of Mexico are sitting idle, neither producing oil and gas, nor being actively explored by the companies who hold the leases, according to a Department of Interior report released yesterday. Those inactive swaths of...

Wednesday, March 30, 2011

LISBON/ATHENS—Standard and Poor’s downgraded Greece and Portugal yesterday, citing risks that the countries’ debts to a new European bailout fund would be repaid before bond investors, sending their borrowing costs sharply higher. The downgrades left Portugal one notch above...

Wednesday, March 30, 2011

BOSTON—General Electric Co reached a US$3.2 billion agreement to acquire a French maker of automation systems used in the oil and gas sector, marking GE’s latest in a series of deals in the energy industry. The largest US conglomerate said its acquisition of Converteam, which...

Tuesday, March 29, 2011

Overall market activity resulted from trading in ten securities of which one advanced, one declined and eight traded firm. Trading activity on the first tier market registered a volume of 178,473 shares crossing the floor of the Exchange valued at $1,503,145.26.

Tuesday, March 29, 2011

Acting Minister of Finance Vasant Bharath yesterday signed a government guarantee in respect of a $1.3 billion dollar bond, issued by the Water and Sewerage Authority (WASA).

Wednesday, March 30, 2011

NEW YORK—Stocks closed with slight losses yesterday after falling in the last half-hour of trading. Major indexes had been up for most of the day after several economic reports suggested that the recovery is continuing.

Tuesday, March 29, 2011

TOKYO—The auto industry disruptions triggered by Japan’s earthquake and tsunami are about to get worse.

Tuesday, March 29, 2011

GraceKennedy Limited (GKC) – 21.03.11
GraceKennedy Limited has informed the Stock Exchange that a director purchased a total of 10,000 stock units in GraceKennedy Limited.

Tuesday, March 29, 2011

DUBLIN—Ireland's government wants to impose losses on some senior bondholders in Irish lenders to reduce the burden on taxpayers from a prolonged banking crisis, a senior minister said yesterday. Dublin wants to impose losses on banks' senior unsecured bonds not covered by a...

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