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Digicel chief executive Colm Delves said yesterday that the company will reduce its global workforce by about 25 per cent over the next 18 months or so, starting on March 1, Ash Wednesday.

“As such, the first step in this headcount reduction process will be the offer of an enhanced voluntary seperation programme, which will open on March 1,”...

Tuesday, February 14, 2017

The state’s investment holding company, National Enterprises Ltd (NEL), yesterday declared after-tax profit of $203.9 million for the nine months ended December 31, 2016, which was $58.9 million or 22.4 per cent less than the comparative period last year.

Tuesday, February 14, 2017

Overall market activity resulted from trading in nine securities of which six advanced, one declined and two traded firm.

Tuesday, February 14, 2017

State-controlled CL Financial (CLF) has scored a minor victory in its legal battle over the US$47 million sale of its subsidiary Clico Energy shortly after Government’s takeover of the conglomerate.

Monday, February 13, 2017

US Federal Reserve Vice Chair Stanley Fischer said there was significant uncertainty about US fiscal policy under the Trump administration, but the Fed would be strict in meeting targets of creating full employment and getting inflation to 2 per cent.

Monday, February 13, 2017

DUBAI-

Christine Lagarde said Trump's plans for additional investment in US infrastructure and his likely tax reforms will boost America's economic fortunes.

However, Lagarde acknowledged that Trump's policies likely will squeeze international markets.

Monday, February 13, 2017

The Bankers Association of T&T (BATT) yesterday congratulated the Institute of Chartered Accountants of Trinidad and Tobago (ICATT) for taking the bold step to revise its Members' Rules and Regulations.

Monday, February 13, 2017

As part of its continued regional diversification strategy, the Massy Group has acquired two large automobile dealerships in Colombia, a market it first entered in 2014.

Saturday, February 11, 2017

The Oilfield Workers Trade Union (OWTU) and YARA (Trinidad) Limited are no closer to settling the ongoing wage dispute as the Ministry of Labour is yet to set a date for conciliatory talks.

Saturday, February 11, 2017

The Human Resource Advisory Committee (HRAC) will be meeting soon to discuss ongoing protests by workers of the Agricultural Development Bank.

Saturday, February 11, 2017

Overall market activity resulted from trading in 15 securities of which six advanced, four declined and five traded firm.

Trading activity on the first tier market registered a volume of 134,084 shares crossing the floor of the Exchange valued at $747,072.98.

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