Thursday, July 30, 2015

Business

CAL signs deal with Emirates

Jul. 30, 2015, 9:56 AM AST Comments

By Leah Sorias - Caribbean Airlines (CAL) has signed an interline deal with the world’s largest international airline-Emirates, which promises to make it easier for customers to travel the world.




Guyana oil find 12 times country’s GDP

Jul. 28, 2015, 11:12 PM AST Comments

By Aleem Khan— As tensions escalate between Guyana and Venezuela over oil exploration in a disputed offhsore territory, neighbouring Trinidad and Tobago is hoping the dispute can be resolved because of the opportunities the crude discovery presents.


Swallowing that bitter fuel subsidy pill

Jul. 28, 2015, 11:11 PM AST Comments

In the din of the general election campaign, few people may have noted an announcement by the government of the United Arab Emirates (UAE) that come August 1, the prices of petroleum products at the pumps will be “deregulated”.


Gradual improvement for Sagicor

Jul. 28, 2015, 11:10 PM AST Comments

New York-based Standard & Poor’s Rating Services (S&P) on Thursday assigned its ‘B’ issue-level rating to Sagicor Finance Ltd’s proposed US$320 million senior notes (bonds).


New onshore oil in the making

Jul. 28, 2015, 11:9 PM AST Comments

By David Renwick— The deep horizon on land stands a very good chance of becoming the newest oil and gas producing province in Trinidad and Tobago, beating out the deep water (if it succeeds) to that honour.


‘T&T bank safest on Guyana exchange’

Jul. 28, 2015, 11:8 PM AST Comments

By Aleem Khan—Republic Bank of Guyana Ltd, a subsidiary of Port of Spain-based Republic Bank Ltd, is the “safest approach to gaining exposure and earning long-term profits as the country and economy continue to grow”.


Iran embargo lifted... oil may drop further

Jul. 28, 2015, 11:7 PM AST Comments

By Sue-Ann Wayow—The recent deal between the United States and Iran allowing for the lifting of oil and financial sanctions in exchange for cutbacks on Iran’s nuclear weapons, means Trinidad and Tobago and the rest of the world will have to continue dealing with lower oil prices.


CL Financial Bailout The Real Case

Jul. 28, 2015, 11:7 PM AST Comments

In 2013 I sued the Minister of Finance & the Economy for his continuing failure or refusal to provide the details relating to the huge $25 billion bailout of the failed CL Financial group.


More job losses coming to American shale

Jul. 28, 2015, 11:6 PM AST Comments

With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut.


Making connections

Jul. 28, 2015, 11:5 PM AST Comments

The Division of Community Development and Culture, in collaboration with the Tobago Festivals Commission, presented “Diaspora Connections” on July 22 at the Shaw Park Complex. During the intermission, a cocktail reception was held where guests got a chance to mingle and enjoy light refreshments.