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Antigua Business news

CARICOM to pursue economic concerns with G-20 and UN

Bruce GoldingCARICOM's concerns regarding the effects of the current global economic crisis on the region are to be…

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Dell’s Adamo Takes a Page From the Apple Playbook

AdamoAs expected, Dell (DELL) today releases the Adamo notebook PC, its entry into the high-end ultra-thin market…

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China's image improves as world economy slumps

China Central Television As the world lurches ever deeper into economic distress, China's image is changing from that of currency…

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Who Is Nouriel Roubini?

RoubiniIs economist Nouriel Roubini a prophet or a perpetual pessimist who happened to get it right? In 2004, the…

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On Madison Avenue, Shops Pack Their Hand-Tooled Bags

Madison AveAfter more than 30 years on Madison Avenue, the retailer E. Braun & Company is packing up its $3,500…

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Madoff wakes to first day in new life

MadoffBERNARD Madoff has woken - at 6am and in a narrow bunk - on the first day of his new life as Prisoner…

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Future looks gloomy for cellphone market

Cell PhonesCellphone sales are falling, manufacturers have announced thousands of layoffs and wireless carriers are…

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Allen Stanford Falls Off Forbes Billionaires List

StanfordAccused ponzi schemer, Sir Richard Allen Stanford, is no longer in the company of the world`s richest.

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Trinidad government to own regional newspapers and radio stations after bailout

ClicoThe government of Trinidad and Tobago is set to become the largest shareholder of One Caribbean Media (OCM),…

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Stanford receiver cuts 1,000 US jobs

StanfordThe court-appointed lawyer overseeing the assets and operations of Texas billionaire Allen Stanford's…

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Senate panel probes US tax break on profit imported from Caribbean tax havens

Tax investigationA Senate committee is investigating whether multinational companies abused a tax break in 2004 that gave them…

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CLICO fears shared by entire Caribbean

ClicoOn March 5, the shares of the great Citigroup, once one of the largest banks and companies in world, traded …

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World of Concrete

World of ConcreteFrom February 3-6, 2009 in Las Vegas

The Annual World of Concrete Trade Show is scheduled for February 2-6,…

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The End Product of GARDC

Denise DekightDenise’s Tropical Delight is a little booth, tucked away in the vicinity of the St. John’s Public Market…

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Chinese Premier Wen arrives in Britain for talks

Premier Wen JiabaoChinese Premier Wen Jiabao has taken his European tour to London with hopes of encouraging British investment…

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A silver lining to the economic crisis?

Poor peopleWill the current global financial crisis encourage people to change their spending habits and thereby create…

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Oil prices tumble on jobs, housing consumer data

3500 lay offsOil prices tumbled sharply on Tuesday with more evidence of decline in the U.S. housing industry, more job…

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Winair to cut routes and jobs

WinairThe management of Winair Airlines has announced that they will be cutting routes which will, ultimately, mean…

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Nissan chief : car market will shrink

GoshnNISSAN chief executive Carlos Ghosn has said that the global car market could shrink almost another 14 per…

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Con Edison To Customers: Let The Sun Shine In

Solar PanelCon Edison engineers are helping customers go green and save money with New York State’s new net metering…

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Job Cuts at Ernst & Young Bermuda

Ernst & YoungInternational accountancy firm Ernst & Young says it has been forced to send home some of its 200 employees…

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CLICO's Duprey spent billions on Florida properties

Clico TrinidadWhile Trinidad and Tobago, Guyana, the Bahamas, and other Caribbean islands are trying to ensure that policy…

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Microsoft; Announces 5,000 Layoffs

MicrosoftMicrosoft  surprised Wall Street early Thursday by reporting fiscal second-quarter results and announcing…

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The investment scam-artist's playbook

Madoff / StanfordBernie Madoff and R. Allen Stanford's tactics may suggest a formula on how to get mixed up in a massive…

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Detroit auto show's public opening

Chevrolet CorvetteDETROIT (AP) - Lee Pierce doesn't have anything against the eco-friendly hybrids and electric vehicles on…

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How long until Ford also needs bailout?

Ford edge 2009How is it that Ford has Detroit's deepest pockets? Excellent timing
Watching grown companies grovel is not a…

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Circuit City to close 567 remaining stores

Circuit CityCircuit City became the largest retailer to fall victim to the expanding financial crisis Friday, announcing…

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Gold tipped as lone bright spot in weak stock market

GoldTHE Australian share market is expected to start the week lower after US and European markets plunged on…

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Russia Halts Natural Gas Flow To Ukraine

Reporting from Moscow -- Fuel delivery to four European countries fell below normal Saturday as Russia's

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How are you coping?

Coping moneyProtests in Guadeloupe and Martinique in recent weeks have highlighted how difficult some people are finding…

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Euro-Zone Manufacturing Slows

LONDON - Manufacturing activity in the euro zone contracted for the seventh consecutive month in December,

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