Ford stock soars, fixed debenture now on sale
DEARBORN, Michigan (AP): Shares of Ford Motor Company surged Wednesday, following a report that Chairman and Chief Executive Bill Ford had approached Nissan-Renault CEO Carlos Ghosn about joining the global alliance.
Barbados government pushing to restructure sugar industry
BRIDGETOWN, Barbados (CMC): The Barbados government is warning that unless the island restructures its sugar industry quickly, it could lose in excess of BD$100 million (US$50 million) in direct foreign exchange earnings over the next eight years.
Anaemic response to 20-year VR bond
The market had no appetite for the last variable rate bond issued by the finance ministry, taking up only $1.88 billion of the unlimited offer. The long-term instrument locks in investors' money for 20 years...
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