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T&T’s footwear customers have continued to spend their money on shoes despite the downturn in the economy, according to Jerus Mohammed, country manager, Payless Shoe Source.

“Our T&T customers have always had a high spending power. With the economic downturn we have seen that rate reduced, however, shoes are a necessity in T&T and we...

Friday, May 13, 2011

NEW YORK—Crude oil prices dived yesterday amid signs of slowing demand in the United States and China and a rise in the dollar.

Friday, May 13, 2011

BEIJING—China’s industrial output growth eased much more than expected in April to suggest the world's second-biggest economy is cooling, reducing the need for further aggressive monetary policy tightening even as inflation remains stubbornly high.

Friday, May 13, 2011

NEW YORK—A former Wall Street titan was convicted yesterday of making a fortune by coaxing a crew of corporate tipsters into giving him an illegal edge on blockbuster trades in technology and other stocks—what prosecutors called the largest insider trading case ever involving...

Friday, May 13, 2011

LONDON—Britain will withdraw officials from Afghanistan and Europe to fund a diplomatic blitz in China and India aimed at securing new trading ties with the world’s emerging economic powers, the country's government said yesterday.

Wednesday, May 11, 2011

NEW YORK—Microsoft Corp plans to buy Internet phone service Skype for $8.5 billion in its biggest-ever acquisition, placing a rich bet on mobile and the Internet to try to best rivals such as Google Inc.

Thursday, May 12, 2011

Overall market activity resulted from trading in 13 securities of which four advanced, none declined and nine traded firm. Trading activity on the first tier market registered a volume of 844,268 shares crossing the floor of the Exchange valued at $671,634.71.

Thursday, May 12, 2011

NEW YORK— Stocks on major world markets rose yesterday as unexpectedly strong Chinese trade data reinforced optimism about the global economy, while oil prices gained on concerns US flooding could hit Gulf Coast refinery operations.

Thursday, May 12, 2011

Chairman of the Clico Policyholders Group (CPG) Peter Permell said while there was “some level of urgency” on the part of the Executive Flexible Premium Annuities (EFPA) policyholders to have their matters dealt with by the courts, they were “somewhat comforted” by the expectation that Prime...

Thursday, May 12, 2011

WASHINGTON—China yesterday pledged easier access for US companies to key sectors of its economy by removing barriers to its huge market in government contracts and offering a foothold to US mutual funds.

Wednesday, May 11, 2011

Shareholders of Angostura, the local rum and bitters company, are toasting news that the company plans to increase its core earnings by 72 per cent from $0.58 per share at the end of 2010 to $1 by the end of this year. Speaking at the Angostura’s annual general meeting yesterday, the company’s...

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