Bank of America reduced Ambassadors International’s line of credit by 40 percent, from $12.5 million to $7.5 million, according to a document Ambassadors filed with the Securities and Exchange Commission on Thursday.
Patrick Manning, Prime Minister of Trinidad and Tobago has pledged his government’s assistance in helping St. Vincent and the Grenadines realize its goal of constructing an international airport.
Delta Air Lines reported a $137 million profit, excluding special charges for the second quarter of 2008, despite unprecedented fuel prices that increased costs by more than $1 billion. Including special charges of $1.2 billion, Delta’s reported net loss for the June 2008 quarter was $1 billion.
Expedia, Inc. has entered into an agreement to acquire Italy-based Venere Net ApA from Advent International and the founding partners.
Expedia, Inc. has entered into an agreement to acquire Italy-based Venere Net ApA from Advent International and the founding partners.
An international consultant says the Caribbean is fast becoming a major target for business and major investments from India and suggests that the investment from this South Asian country could actually dictate the pace of economic growth in the islands.