Monday, May 29, 2017

Business

Putin visits France, hopes to mend strained ties with West

May 29, 2017, 10:28 AM AST Comments

VERSAILLES, France (AP) — On a visit likely to shape Russia-France ties for years, French President Emmanuel Macron hosted Russian President Vladimir Putin at the sumptuous Palace of Versailles on Monday for what the newly-elected French leader said would be "demanding" talks on Syria, the Ukr


AMCL, GKC earnings lower*

May 28, 2017, 10:11 PM AST Comments

This week, we at Bourse review the performance of two stocks in the Conglomerate sector—ANSA McAL Ltd (AMCL) and GraceKennedy Ltd (GKC)—for the first quarter ended on March 31. Both groups reported lower earnings for the period under review, though attributable to different reasons. We p


Central Bank: Inflation remains low*

May 26, 2017, 9:33 PM AST Comments

INFLATION has remained low in the country, the Central Bank of Trinidad and Tobago said yesterday. In its latest Monetary Policy Announcement, the CBTT said the 12-month headline rate in March 2017 was 2.8 per cent, up from 2.6 per cent in the previous month and close to the 3.0 per cent averaged ov

Digicel, beekeepers in sweet deal

May 26, 2017, 9:31 PM AST Comments

IT'S an unlikely combination-beekeepers and a mobile/cable TV provider. But they have found a way to come together, so that customers can now pay their Digicel bills and buy bottles of local honey at the same time, in the same place. The Digicel (Trinidad and Tobago) Foundation and the Brasso Seco/M



Fired Caroni Green CEO claims $1.5m in lawsuit *

May 25, 2017, 9:36 PM AST Comments

Rickie Ramdass— FORMER chief executive officer of Caroni Green Ltd (CGL)Sharma Lalla has initiated legal action against the State after his contract with the company was cut short when the company ceased operation last month.


Ex-NP CEO successful in lawsuit dismissal appeal *

May 25, 2017, 8:23 PM AST Comments

Rickie Ramdass—Fomer chief executive officer of National Petroleum (NP) Richard Callender has successfully challenged the dismissal of his wrongful termination lawsuit which was thrown out by a High Court judge in 2013.




2016 ‘robust’ year for UTC*

May 24, 2017, 10:13 PM AST Comments

THE Trinidad and Tobago Unit Trust Corporation (UTC) had a strong 2016 as its international investments outperformed, and more people flocked to buy units in the country’s largest mutual fund manager. “In 2016, distributions to our unitholders increased 45 per cent from $165 million to $


Gopee-Scoon: Kamla blocked my Malta trip*

May 23, 2017, 9:25 PM AST Comments

GOVERNMENT Minister Paula Gopee-Scoon yesterday disclosed that she had packed her luggage, showered and was ready to go to a parliamentary conference in Malta but was snubbed by then prime minister Kamla Persad-Bissessar. Persad-Bissessar directed that she not go even through she was the Parliament&