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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...

Friday, March 4, 2011

The shareholders of National Flour Mills (NFM) will vote today to appoint nine people proposed by majority shareholder National Enterprises Ltd to its board.

Thursday, March 3, 2011

 WASHINGTON—Depicting moment-to-moment detail, the Securities and Exchange Commission yesterday laid out civil fraud charges linking a former Goldman Sachs board member to the biggest hedge fund insider-trading case ever. It’s a portrait of corporate board meetings leading to...

Thursday, March 3, 2011

DALLAS—The most recent fare hike by US airlines has been cut in half by pressure from discount carriers. Last week the big network carriers including United, Continental, Delta and American raised many domestic fares by US$20 a round trip.

Thursday, March 3, 2011

Overall Market activity resulted from trading in nine securities of which none advanced, none declined and nine traded firm. Trading activity on the First Tier Market registered a volume of 52,474 shares crossing the floor of the Exchange valued at $1,915,518.08.

Thursday, March 3, 2011

NEW YORK—Stocks suffered steep losses as oil prices surged yesterday, renewing worries that higher fuel prices could hobble the economic recovery. Oil rose $2.66 to settle at US$99.63 a barrel amid unrest in Iran and Libya.

Thursday, March 3, 2011

Finance Minister Winston Dookeran said the Government intends to introduce a new national pension plan. This would incorporate the present National Insurance Board’s (NIB) national insurance plan with other groups of people who are not included in the system. “We are looking at a national...

Tuesday, March 1, 2011

Libya’s oil chief said yesterday that production had been cut by around 50 per cent, and argued it was "safe" for foreign oil workers to return after a mass exodus sparked by Moammar Gadhafi’s increasingly violent campaign to retain control of the country.

Tuesday, March 1, 2011

NEW YORK—Bullish comments from Warren Buffett helped US stocks end another good month on a high note yesterday, but uncertainty about oil prices could keep investors from pushing the market much higher.

Wednesday, March 2, 2011

Overall market activity resulted from trading in five securities of which none advanced, one declined and four traded firm. Trading activity on the First Tier Market registered a volume of 26,515 shares crossing the floor of the Exchange valued at $335,726.28.

Wednesday, March 2, 2011

NEW YORK—Oil prices fell below $97 per barrel yesterday just days after spiking above US$100. Last week's surge continued to ripple through global pipelines, however, as gasoline prices jumped 8 cents over the weekend. Crude dropped on reports that Libya was still exporting oil...

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