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Category Archives: Business News

OCM posts $40m half-year profit

One Caribbean Media (OCM) Group has reported “satisfactory” results for the six months ended June 30, 2017, despite operating in a difficult economic environment, chairman Faarees Hosein said yesterday. During the period, the group recorded revenues of $217.6 million (US$32 … Continue reading

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Mario Sabga-Aboud says he’s sorry for statements made on CNN’s “Parts Unknown” with Anthony Bourdain

Businessman Mario Sabga-Aboud says he is sorry for some of the statements he made during an interview with American television show host Anthony Bourdain.

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Government can no longer afford 40 million dollar annual bill for CNMG

The government says it supports state owned Caribbean New Media Group to the tune of 40 million dollars annually.

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PM seeking help from ECLAC in the area of economic research

Prime Minister Dr. Keith Rowley is seeking help from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) in the area of economic research.

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Unilever: no sign of economic recovery in T&T in the short term

Unilever Caribbean Ltd, one of the largest consumer goods manufacturers in the English-speaking Caribbean, sees no sign of economic recovery in Trinidad and Tobago in the short term, according to a statement from the chairman.

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US growth rate revised up to 1.2%

The US economy grew at a faster pace than initially thought in the first three months of the year.

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Ford gears up for the future with new chief executive

Ford has replaced its chief executive, Mark Fields, following a major reshuffle at the US car giant.

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Massy, Sagicor push ahead

Bourse reviews the latest financial results of Sagicor Financial Corporation Ltd (SFC) and Massy Holdings Ltd (MASSY).

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TTNGL announces more shares on sale

T&T NGL Limited (TTNGL) has announced that approval has been given for the additional sale of shares to the public.

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Brazil’s stock market plunges after corruption claims

Brazil’s Bovespa stock market was briefly halted as investors reacted to corruption allegations against Brazilian President Michel Temer.

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