Business

“Agonised” over the state of affairs at CL Financial, Dr Bhoe Tewarie—who served as a director for 14 years at the Lawrence Duprey-helmed conglomerate—sought the confidence of Central Bank Governor Ewart Williams.

Stock markets in Europe fell yesterday as attention switched back to Europe’s often-stumbling efforts to get a handle on its debt crisis.

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

Iranian President Mahmoud Ahmadinejad, facing tighter US sanctions and rising tensions in the Persian Gulf, will turn to his diminished group of allies in Latin America for support this week.

Nigerian lawmakers yesterday turned against the president’s decision to end government fuel subsidies that kept gasoline prices low, just ahead of a planned labour strike that could paralyze Africa’s most populous nation.

Venezuelan President Hugo Chavez said yesterday that his government should pull out of a World Bank-affiliated arbitration body and won’t recognise its decisions.

Britain’s government is looking to introduce laws that grant company shareholders the power to veto executive pay packages, Prime Minister David Cameron said Sunday, in a bid to address public anger at many bosses’ lavish salaries and bonuses.

WEEKLY BULLETIN for week ended january 6, 2012