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ANSA Merchant Bank was able to increase its net operating income by 8 per cent for the year ending December 31, 2016—even though the local economy contracted last year. The profit before tax also increased from $297 million in 2015 to $322 million in 2016, for a year-over-year increase of 8.4 per cent, which is the second highest in its history.

Wednesday, December 29, 2010

NEW YORK— Oil rose yesterday approaching two-year highs set a day earlier, on expectations weekly US data will show another draw in crude stockpiles as companies reduce inventories for year-end tax considerations.

Wednesday, December 29, 2010

For T&T’s energy sector, 2010 has been a year characterised by limited activity in both the upstream and downstream, cautious optimism on energy commodity price rebounds and an adjustment period associated with the mid-year change in the Government and the subsequent altering of state energy...

Friday, December 31, 2010

The conventional wisdom at business school is that you stick with what you know. Of the top 20 brands in the world, 19 ply a well-defined trade. Coca-Cola specialises in soft drinks, Microsoft in computers, Nike in sports shoes and gear.

Friday, December 31, 2010

The United Nations Economic Commission for Latin America and the Caribbean (Eclac) says the Caricom region (excluding Haiti) should experience a slower rate decline in economic activity in 2010.

Friday, December 31, 2010

In the BG View column of December 16, headlined, “Proman gives its side,” executives of the European project management firm presented their views on the controversial sale of Clico Energy, their contribution to the development of T&T’s petrochemical industry and the posture of the...

Friday, December 31, 2010

Tourism has been down in Tobago, manufacturing exports have not been doing too well, construction is at rock bottom, and the population is not spending. It has not been a very good year!

Friday, December 31, 2010

Credibility doesn’t necessarily build confidence. That’s what Finance Minister Winston Dookeran, a former Central Bank Governor, has discovered mere months after assuming responsibility for the country’s finances.

Wednesday, December 29, 2010

NEW YORK—A major snowstorm on the East Coast kept many shoppers home just after Christmas, casting a pall on the final act of the holiday sales season.

Tuesday, December 28, 2010

NEW YORK—Gold prices rose yesterday despite a lending rate hike in China, an even that many traders believe will lead to a gold sell-off at the end of the year to lock in profits. Gold for February delivery rose US$2.40 to settle at US$1,382.90 an ounce.

Wednesday, December 29, 2010

NEW YORK—US stocks closed little changed and the dollar lost ground to the euro in thin trade yesterday, buffeted by China’s Christmas Day interest rate hike and a blizzard that pounded the northeastern United States.

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