UTC listed in US$50m fraud lawsuit in NY

The Unit Trust Corporation, two foreign developers and several other corporate bodies have been sued in a New York court over a US$50 million (TT$320 million) alleged fraud involving a failed luxury villas project in the Turks and Caicos Islands. Almost simultaneously, the UTC has won a Supreme Court judgment in the Turks and Caicos against the two developers to freeze US$85 million (TT$540 million) of their assets around the world. In the newer lawsuit, filed on Read more [...]

US stocks, listed Chinese companies rise as Dow steady above 12000

NEW YORK, Feb. 4 (Xinhua) -- The U.S. stocks, including leading listed Chinese companies, surged this week mainly driven by upbeat economic data. The U.S. unemployment rate dropped sharply in January to 9 percent, the lowest since April 2009, according to a report on Friday based on a government survey that found that more than a half-million people found work. The Institute for Supply Management said on Thursday that its index of national non-manufacturing activity rose to 59.4 in January from Read more [...]

Coastguard centre listed for closure before talks

By Anika Bourley Parliamentary Correspondent Published at 09:13, Saturday, 05 February 2011 SHIPPING Minister Mike Penning has admitted the Coastguard centre which controls operations in Cumbria was listed for closure before the consultation into the future of the service even started. Asked if the original draft devised for streamlining the UK’s service named Liverpool as the centre that should be shut down – as revealed in the News Star last week – he admitted Read more [...]

Luxury homes on cards at Banff

Fife Lodge Hotel owner reveals plans for housing in grounds By Stephen Christie Published: Luxury homes could be built in the grounds of a historic north-east hotel. Herbert Cox, who owns the Fife Lodge Hotel at Banff, has revealed plans to build three properties that he says would provide “beautiful” views across the River Deveron. Mr Cox said he intends to either sell the plots, with planning permission, or put the houses on the market once they are built. He Read more [...]

W.J. Adams Stakes Betting Tips 2011

Today the autumn racing action at Caulfield is top class, one of the feature events being the $100,000 Listed W.J. Adams Stakes (1000m) jumping at 4:10pm (AEDST) as Race 6 and here we have the exclusive 2011 W.J. Adams Stakes betting tips. *This race has been abandoned due to heavy rain and flooding at Caulfield* This year’s W.J. Adams Stakes, formerly registered as the JRA Stakes, attracted a final field of 14 gallopers with 13 still in the running after the early scratching of #11 Bocuse. In Read more [...]

Around Your Town: 02/05/11

Printer-friendly versionSend to friendEDITOR’S NOTE: Anyone planning to participate in any of the events listed below is encouraged to call ahead to verify the event has not been cancelled due to the recent weather-related utility issues.  The Huachuca City Lions Club will be hosting a spaghetti dinner from 4:30 to 6:30 p.m. today at the Lions Hall, 125 Huachuca City Blvd. Cost is $6 for adults, $3.50 for children ages 5 to 12, and free for kids under 5. For details, call Joanne Harbinson Read more [...]