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Rating agency Moody’s disagrees with Finance Minister Colm Imbert claim of a 2.5 per cent narrowing of the fiscal deficit against GDP this year. It is forecasting a wider 3.5 per cent deficit and sees downside risks to Government’s revised revenue targets announced in the mid-year review.

As the country counts down to the 2020 election, the agency...

Saturday, January 22, 2011

Overall Market activity resulted from trading in four securities of which one advanced, one declined and two traded firm. Trading activity on the First Tier Market registered a volume of 82,450 shares crossing the floor of the Exchange valued at $1,117,789.73.

Saturday, January 22, 2011

NEW YORK—Worries that China's economy is overheating and a surprise increase in US oil inventories pushed oil futures below $89 a barrel yesterday.

Saturday, January 22, 2011

President of the Contractors Association Mikey Joseph does not expect the construction sector to improve in 2011. He was replying to questions from the media on if the sector would improve because of the Government projects planned for 2011. “The short answer to that is no.

Saturday, January 22, 2011

LOS ANGELES—Wendy’s/Arby’s Group plans to sell its struggling Arby’s roast beef sandwich chain to focus on the Wendy’s hamburger business, undoing a 2008 deal engineered by billionaire investor Nelson Peltz.

Thursday, January 20, 2011

Soca Warriors striker Kerry Baptiste has parted ways with Digicel Pro League club, bmobile Joe Public after a four-year stay.

Friday, January 21, 2011

Oil prices fell yesterday after a government report showed the housing industry still has a long way to go to recover.

Friday, January 21, 2011

NEW YORK—Americans are starting to get their household finances in order. In an encouraging round of earnings reports, major banks say fewer mortgages are going bad, credit card defaults are down and more people are paying the bills on time.

Friday, January 21, 2011

WASHINGTON—Seeking to build ties with an economic rival, the White House said yesterday that China would purchase US$45 billion in US exports, including a highly sought-after US$19 billion deal for 200 Boeing airplanes.

Friday, January 21, 2011

DALLAS—American Airlines still trails other carriers in the industry's big comeback.

Friday, January 21, 2011

NEW YORK—The S&P 500 suffered its biggest decline in nearly two months yesterday as disappointing results from Goldman Sachs and Wells Fargo put a damper on the rally.

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