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Finance Minister Colm Imbert has described the National Investment Fund (NIF) bond issue as a “tremendous success” stating that the final tally for bond applications was $7.3 billion.

Imbert said this figure represented an 82 per cent over-subscription of the NIF bond and shows that the population has overwhelming confidence in the People’s...

Thursday, March 17, 2011

Protest action by the Oilfields Workers’ Trade Union (OWTU) led to a complete shut down of operations at the company’s production fields in Trinmar, Forest Reserve, Santa Flora, Penal, Barrackpore and at the Pointe-a-Pierre refinery. Led by OWTU President General Ancil Roget, the workers, who...

Wednesday, March 16, 2011

NEW YORK—Crude oil prices slipped on Monday in volatile trading, pressured by expectations of slower Japanese demand after a devastating earthquake, while continuing unrest in the Middle East and Saudi military intervention in Bahrain helped limit oil losses.

Wednesday, March 16, 2011

Overall Market activity resulted from trading in eight securities of which none advanced, 1 declined and seven traded firm. Trading activity on the First Tier Market registered a volume of 233,378 shares crossing the floor of the Exchange valued at $2,551,619.25.

Wednesday, March 16, 2011

Billionaire Warren Buffett’s Berkshire Hathaway Inc struck a deal to buy lubricant maker Lubrizol Corp for $9 billion (£5.6 billion) in a bet on industrial growth in emerging economies.

Wednesday, March 16, 2011

Cleveland Thomas has resigned as the Chief Executive officer (CEO) of the National Information and Communication Technology Company Limited (iGovTT). The announcement was made by the board of directors of iGovTT in a release yesterday.

Wednesday, March 16, 2011

Consumers are being warned to brace for increase in the prices of goods as businessmen continue to face substantial delays in clearing containers at the Port of Point Lisas.

Wednesday, March 16, 2011

Royal Caribbean cruise line is slashing a major part of the region’s summer cruise business come summer 2012.

Wednesday, March 16, 2011

Digicel is buying out the operations of one of its rivals in Jamaica, while selling two of its businesses to that same competitor.

Tuesday, March 15, 2011

 NEW YORK—The unexpected nature of this week’s earthquake in Japan, plus the damage from the subsequent tsunami and fires, makes estimating insured losses from the disaster especially difficult, senior executives at two top catastrophe risk modelling firms said. But most experts...

Tuesday, March 15, 2011

 TOKYO—Japanese automakers, electronics firms and oil refiners shut key factories after a massive earthquake and tsunami struck the northeast coast, underscoring the challenge facing the government as it rushes to limit the economic blow. Electronics giant Sony Corp has...

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