Home' Trinidad and Tobago Guardian : September 27th 2013 Contents A21
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The price of oil came off 3-month lows
Thursday as new figures showed the
number of US workers seeking unem-
ployment benefits fell.
By early afternoon in Europe, benchmark
oil for November delivery was up 54 cents
to $103.20 a barrel in electronic trading
on the New York Mercantile Exchange.
The contract dropped 47 cents on Wednes-
day to finish at $102.66 a barrel, the lowest
closing price since July 3.
Oil prices rebounded as fresh data
showed that the number of Americans
seeking unemployment benefits fell 5,000
last week to a seasonally adjusted 305,000,
the second-lowest level in six years. The
US economy, meanwhile, was confirmed
to have grown an annualized 2.5 per cent
in the April-June period.
The data on unemployment and growth
contrasted with Wednesday's less encour-
aging statistics on orders for durable goods
--- big ticket items expected to last at least
three years. Many analysts believe US
growth in the current quarter will slow to
around 2 per cent on the year.
Oil has fallen nearly 7 per cent since
closing at a two-year high of $110.53 on
Sept. 6. Since then, diplomatic efforts have
averted a US military strike against Syria,
and tense relations between the US and
Iran have shown signs of a thaw.
Crude oil rises to above $103 a barrel
The first of three Samsung
Experience Stores will be opened
in T&T before the end of the year.
Nicolas Lannefranque, regional
sales manager for Samsung Elec-
tronics, Latin America, told the
T&T Guardian yesterday that the
first store will be opened this quar-
ter but did not specify an exact
date or location.
Earlier this year, in an interview
at the global launch of the S4 in
New York, Elias Kabeche, vice pres-
ident of Sales and Marketing for
Hand Held Products (HHP) and IT
Businesses said the company was
planning to open 41 stores in the
"We expect to open at least one
of three stores here in the fourth
quarter," said Lannefranque.
Lannefranque and his colleague
Thomas Sehoon Park, assistant
manager, strategic marketing man-
ager, met with the T&T Guardian
for an exclusive preview of the
Samsung Note 3 and Galaxy Gear,
which were officially launched at
a function at the Hyatt last night.
These are the latest devices
which the Korean giant unveiled
at a trade show in Berlin, Germany,
earlier this month.
The devices were launched
simultaneously around the world
Unlike its predecessors, the Note
3 is slimmer in size with a 5.7-inch,
full high-definition screen. Despite
the bigger screen, the Note 3 is
thinner and lighter, measuring
8.3mm and weighing just 168g.
One of the distinguishing fea-
tures of the Note 3 is the S Pen,
a stylus stowed away in the bottom
of the device. Once the S Pen is
removed, an Air Command wheel
appears on the home screen which
allows the user to access short cuts
to features such as a notepad from
which you can email, share, or add
the information to your address
The Galaxy Gear, Samsung's
smart watch, is a companion to
the Note 3. The watch connects
via Bluetooth to the Note 3 phablet.
Sehoon Park said as updates are
added, the watch will be able to
work in sync with other Galaxy
products such as the S4 mini and
Stating the watch is perfect for
use while eating or sitting in a
meeting, Lannefranque said it
allows the user to make and receive
calls via a microphone on the wrist
strap and pulls messages, contacts
and alerts from the phone.
"With the smart watch it's about
how we can make your experience
more enjoyable," he said. "Every-
I can do here on my watch."
The watch comes in various
colours: orange, mocha grey, oat-
meal beige, lime green, rose gold
Asked how he thinks the new
products would be received in this
market, Lannefranque expressed
"The T&T consumer is always
looking into cutting edge devices,
we assume the response will be
Samsung's smart devices come to T&T
Nicolas Lannefranque, left, and Thomas Sehoon Par, of Samsung Electronics, show off the Note 3 and Galaxy Gear
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