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In a bid to force the Government to restructure Petrotrin without privatisation, president general of the Oilfields Workers’ Trade Union Ancel Roget said the national Cassabo had given instructions to shut down T&T.

Roget was speaking to oil production workers at the Penal and Barrackpore Divisions at Clarke Road, Penal, yesterday.

It...

Friday, February 11, 2011

BERLIN— Stock market operator NYSE Euronext said yesterday that it is in “advanced discussions” about a possible merger with Germany’s Deutsche Boerse AG, which runs the Frankfurt stock exchange.

Friday, February 11, 2011

WASHINGTON—Members of Congress sharply questioned Federal Reserve Chairman Ben Bernanke yesterday over whether the Fed’s policies are raising the risk of rising inflation in the months ahead.

Friday, February 11, 2011

NEW YORK—Oil prices fell yesterday after the government reported crude oil supplies rose last week, and new data showed OPEC production reached a two-year high. Supplies of oil and gasoline in the US are rising, while demand for energy products remains weak.

Thursday, February 10, 2011

HAVANA—A long-awaited undersea fiber-optic cable linking Cuba with the outside world arrived on the island yesterday, promising a bandwidth bonanza for a country saddled with exorbitant telephone rates and among the slowest Internet connection speeds on the planet.

Thursday, February 10, 2011

Overall market activity resulted from trading in 13 securities of which four advanced, two declined and seven traded firm. Trading activity on the first tier market registered a volume of 1,186,461 shares crossing the floor of the Exchange valued at $45,684,740.67.

Thursday, February 10, 2011

Finance Minister Winston Dookeran delivered the feature address at the Tuesday’s session of the Energy Chamber’s conference at the Hyatt Regency. Following is an excerpt of his address.

Wednesday, February 9, 2011

Central Bank Governor Ewart Williams is proposing the idea of a junior stock exchange as a mechanism to raise capital for the energy sector.

Wednesday, February 9, 2011

LONDON—Britain is increasing its bank levy to raise £2.5 billion (US$4 billion) this year as a payback for taxpayers’ support of the sector during the credit crisis.

Wednesday, February 9, 2011

Overall market activity resulted from trading in nine securities of which none advanced, one declined and eight traded firm. Trading activity on the first tier market registered a volume of 318,470 shares crossing the floor of the Exchange valued at $1,233,076.46.

Wednesday, February 9, 2011

BEIJING—China’s Central Bank raised interest rates for the second time in just over a month in a bid to dampen high inflation and guide blistering economic growth to a sustainable level.

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