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    September 24

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uber

FBI probing if Uber used software to interfere with rivals: WSJ

10 September 2017

THE FEDERAL BUREAU of Investigation is probing to see if Uber Technologies Inc had used software to illegally interfere with its competitors, the Wall Street Journal reported on Friday. The investigation is focusing on an Uber program, internally known as “Hell”,... Read More

solar-express

SBA launches solar vehicle tours

08 September 2017

THERE IS A new ride in town. To kick-start Small Business Week 2017 today, the Small Business Association of Barbados (SBA) rolled out its brand new Solar Express vehicle. The Solar Express project is aimed at increasing awareness of sustainable transport across... Read More

flow

Hurricane Irma damages Flow fibre network

06 September 2017

If your internet is moving slower than usual, its due to the passage of Hurricane Irma. Flow Barbados said the system damaged its subsea fibre network. This has resulted in some fixed-line customers experiencing slow internet speeds, buffering television and dropped... Read More

st-philip

St Philip poised for growth

04 September 2017

BARBADOS’ LARGEST PARISH, St Philip, is ripe for further development and new residents. Real estate firm Terra Caribbean said rural Barbados had become “the focus for local and overseas investors”, and St Philip was “the most noticeable case of this”. “Now, the... Read More

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Abandoned resort up for sale

03 September 2017

Investors are making a claim for US$57 million on the incomplete Merricks Resort in St Philip. And efforts are under way to sell the property, on which construction ceased four years ago when the project hit financial turbulence. This information was contained... Read More

bryden-stokes

Bryden Stokes cutting staff in restructuring move

29 August 2017

BRYDEN STOKES, a subsidiary of ANSA McAL, will be shedding four per cent of its staff in what it calls a restructuring of its operations. A release issued by the company this evening said all employees were advised of the move in a general staff meeting this afternoon.... Read More

shirley-jhagroo-marilyn-sealy-monique-hinds

C&W Business goes ‘pink’ for breast cancer  

29 August 2017

BRIDGETOWN, Barbados – Affordable mammograms and early detection will continue to help Barbadian women conquer breast cancer. According to Marilyn Sealy, director of communications and stakeholder engagement, Cable & Wireless Barbados, more and more people are surviving... Read More

olivia-grange-and-gussie-clarke-082817

Copyright Act to be amended to tackle digital piracy

28 August 2017

THE COPYRIGHT ACT is to be amended to introduce comprehensive measures to tackle digital piracy. Speaking at a seminar on the business of music at The Knutsford Court Hotel in New Kingston on August 24, Minister of Culture, Gender, Entertainment and Sport, Hon.... Read More

jay-y-lee-of-samsung-group-082817

Samsung leader Jay Y. Lee given 5-year jail sentence for bribery

28 August 2017

SEOUL – The billionaire head of South Korea’s Samsung Group, Jay Y. Lee, was sentenced to five years in jail for bribery on Friday in a watershed for the country’s decades-long economic order dominated by powerful, family-run conglomerates. After a six-month trial... Read More

charles-herbert

Herbert: March changed nothing

25 August 2017

OUTSPOKEN PRIVATE SECTOR leader Charles Herbert is disappointed Government has not budged despite last month’s protest march by thousands of Barbadians. Herbert, who is chairman of the Barbados Private Sector Association, said he was feeling “quite browbeaten” that... Read More

blackberry-qnx

BlackBerry rally derailed as investors lose patience on turnaround

20 August 2017

TORONTO – BlackBerry Ltd shares have been plunging from their more than two-year high hit in June after lacklustre earnings and competitive threats have raised doubts about prospects for a turnaround at the business software maker. At Friday’s price of about $8.70,... Read More

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Iran in talks to buy 48 Airbus helicopters report says

14 August 2017

DUBAI – Iran is holding talks with European plane maker Airbus to buy 48 helicopters for civilian use, an Iranian official was on Saturday quoted as saying, as Iran continues its shopping spree of Western aircraft after the lifting of sanctions. “The Health Ministry... Read More

north-korea-factory-workers-081417

North Korea factories humming with ‘Made in China’ clothes, traders say

14 August 2017

DANDONG, China – Chinese textile firms are increasingly using North Korean factories to take advantage of cheaper labour across the border, traders and businesses in the border city of Dandong told Reuters. The clothes made in North Korea are labelled “Made in China”... Read More

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Brydens Insurance appoints new general manager

11 August 2017

BRYDENS INSURANCE, the largest branch of the Trinidad and Tobago Insurance Ltd (TATIL), has appointed David Alleyne as the new General Manager of the company, following the recent retirement of Richard Ince. Alleyne, former president and CEO of Sagicor General Insurance... Read More

dean-straker

NSRL hits price of locally made uniforms

11 August 2017

THE PRICE OF SCHOOL UNIFORMS has gone up and sales have gone down. And it is all because of the National Social Responsibility Levy (NSRL), says president of the Small Business Association Dean Straker In his address to the Social Partnership at Hilton Barbados... Read More

swiss-franc-081017

Safe-haven currencies rise as North Korea tensions brew

10 August 2017

NEW YORK – Traditional safe-haven currencies including the Swiss franc and Japanese yen rose on Wednesday, boosted by worries about increased tensions between the United States and North Korea. The greenback slipped 0.83 per cent to a near two-week low against the... Read More

elegant-bcc-interns

Hospitality students praise Elegant Hotels internship

09 August 2017

EIGHT BARBADOS COMMUNITY College’s (BCC) Hospitality Institute students recently completed a successful six-week internship with Elegant Hotels and used words like “great”, “amazing” and “awesome” to express their delight and satisfaction for the opportunity to gain... Read More

hugh-riley

CTO: Push region as a destination

07 August 2017

WANTED: a multimillion-dollar regional Caribbean marketing campaign to help boost tourist arrivals, raise visitor spending and increase the profits of the vital industry that fuels economic growth. That plea, of sorts, has come from Hugh Riley, the Caribbean Tourism... Read More

moneycurrencyforeign

Dollar index surges on US jobs data, Cohn comments

06 August 2017

NEW YORK – The United States dollar was set for its biggest one-day gain against a basket of major currencies so far this year after a strong US July payrolls report and comments from National Economic Council director Gary Cohn about lowering the US corporate tax rate.... Read More

bristish-pound-and-us-dollar

Sterling edges back towards ten-month high against dollar

30 July 2017

LONDON – The pound climbed back towards its highest levels in ten months against the dollar on Friday, boosted by hopes that Britain will exit the European Union under a transitional deal, and as the greenback fell broadly. Chancellor Philip Hammond said on Friday... Read More

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Amazon records slump in quarterly income

28 July 2017

AMAZON.COM INC reported on Thursday a 77 per cent slump in quarterly income and forecast a potential operating loss in the current quarter, as the company invests heavily in video content and in fast-growing economies such as India. The company’s shares, already... Read More

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