A strong performance by technology stocks and signs of progress in the trade dispute between the US and the European Union powered the market to its third consecutive gain yesterday. The Nasdaq composite closed at an all-time high.

The major stock indexes jumped in the last half-hour of trading amid reports that a meeting between President Donald Trump and an EU delegation had yielded an agreement to work on averting a budding dispute between the two trading partners.

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THE Caribbean Hotel and Tourism Association (CHTA) says Trinidadian Brian Frontin waselected president of the Caribbean Society of Hotel Association Executives (CSHAE) during a meeting here on Saturday.

CL Financial and CLICO have the capacity to repay immediately the $8.1 billion that the Government says the group owes it for the bailout of the conglomerate that began 11 years ago, according to the shareholders of CL Financial, who have launched a legal campaign to wrest control of the group from the State.

Frustrated, disappointed and concern about the elderly were just some of the sentiments expressed by several people who lined up outside the Central Bank to exchange their old $100 cotton bills for the new polymer notes on Thursday morning.

FINANCE Minister Colm Imbert said the Government could not risk having important legislation failing in the Parliament and affecting this country’s relationship with the Global Forum.

REMITTANCE fees are too high in the Caribbean, says economist Marla Dukharan. “Remittance fees in the Caribbean are nearly double those of Central America, which is also another heavily dependent region on remittances. The average cost of remittances in the region is 8.9 per cent of the transaction and it can get as high as 11 per cent,” she said yesterday.