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Attorney Gerald Ramdeen has given State-owned National Flour Mills (NFM) until Friday to pay $1.9 million owed to 15 rice farmers, or face legal action. He said the money is for thousands of pounds of paddy delivered to the company since last December.

Ramdeen, who is also an Opposition Senator, said the farmers continue to supply NFM with paddy...

Tuesday, April 5, 2011

Phase one of TTBizLink, a Web site that allows individuals and companies to connect with the government online for business and trade purposes, is expected to go live in late April.

Tuesday, April 5, 2011

Stephen Cadiz, Trade and Industry Minister, has said that for too long the full potential of the Economic Partnership Agreement between the European Union and the 15-member Cariforum grouping has not been fully utilised and, consequently, an EPA Implementation Unit will be...

Wednesday, April 6, 2011

MEXICO CITY/WASHINGTON—The US government lashed out at companies at the heart of last year’s Gulf oil spill yesterday, denying reports it had negotiated a deal with BP to resume drilling. The tough talk by Interior Secretary Ken Salazar highlights the Obama administration’s...

Wednesday, April 6, 2011

DUBLIN—Ireland’s budget deficit nearly doubled to €7.1 billion in the first quarter on the back of a capital injection for two defunct banks and continued weakness in key taxes, underlining the fiscal challenge facing the state. Ireland has pledged to radically cut its shortfall...

Wednesday, April 6, 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 727,768 shares crossing the floor of the Exchange valued at $4,233,037.02. Angostura Holdings Ltd was the...

Wednesday, April 6, 2011

WASHINGTON—Securities regulators are probing Chinese and other foreign companies with questionable accounting practices that have used backdoor methods to access US capital markets, a top regulator said on Monday. “In recent years we have seen a spike in private...

Tuesday, April 5, 2011

STOCKHOLM—Swedish wireless equipment maker LM Ericsson on Saturday said it is suing Chinese rival ZTE Corp for alleged infringement of several of its patents in handset and network technology.

Tuesday, April 5, 2011

PARIS—The European Financial Stability Facility (EFSF) rescue fund is ready to help Portugal if needed, Klaus Regling, the fund’s president told La Tribune in an interview published online on Saturday.

Tuesday, April 5, 2011

LONDON—British Gas owner Centrica said it was reviewing a planned £700 million investment in the North Sea following the windfall tax announced in the UK Budget in March.

Tuesday, April 5, 2011

NEW YORK—BP PLC is asking US regulators to let it resume drilling in the Gulf of Mexico, according to a report that The New York Times published on its Web site yesterday. The move comes almost a year after a rig that the British oil company leased exploded.

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