• Today
    April 26

  • 12:55 PM

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Comcast challenges Murdoch and Disney with $31 billion offer for Sky

27 February 2018

LONDON − US cable giant Comcast offered to buy Sky for $31 billion in an unsolicited approach, taking on Rupert Murdoch’s Fox and Bob Iger’s Walt Disney in the battle for Europe’s biggest pay-TV group. The world’s biggest entertainment company, which owns NBC and... Read More

money-currency-barbados

Small number of misprinted notes in circulation

23 February 2018

The Central Bank of Barbados is advising the public that there are a small number of genuine $50 and $100 notes in circulation that are missing the holographic patch – the shiny foil on the right side of the note. “As soon we learnt of the problem, we contacted our... Read More

richard-sealy

Sealy: Record year for tourism in Barbados  

23 February 2018

Minister of Tourism and International Transport Richard Sealy has announced that Barbados enjoyed a record five per cent increase in stay-over arrivals last year, an all-time high for the destination. Over the course of 2017, the Grantley Adams International Airport... Read More

construction

British construction industry faces EU worker exodus

22 February 2018

British construction sites are starting to see a labour shortage as Eastern Europeans, who have traditionally filled the bulk of on-site jobs, have stopped taking positions after Britain’s decision to leave the EU, recruiter Hays said. Chief Executive Alistair Cox... Read More

pamela-coke-hamilton-and-daniel-best

Caribbean Export and CDB partner to provide greater access to finance for women-owned businesses

21 February 2018

BRIDGETOWN – Accessing finance to fund business ventures has long been an issue across the Caribbean, especially for women. Now that the Caribbean Export Development Agency and the Caribbean Development Bank (CDB) have joined forces to tackle this challenge, sourcing... Read More

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Montserrat to try Digital Eastern Caribbean Dollars with blockchain start-up Bitt

20 February 2018

BRADES, Montserrat – Premier Donaldson Romeo has signed a memorandum of understanding (MOU) with the Barbados based blockchain start-up Bitt to create a digital payments ecosystem. According to an announcement posted on Facebook, the agreement has an initial period... Read More

cybercrime

Cyberattacks

17 February 2018

Cybercriminals are seizing vital computer data from companies and individuals in Barbados and extorting money for its return. This process, known as ransomware, is part of a global trend that telecommunication service providers are battling. Network manager with... Read More

jackie-marshall-clarke

BL&P’s green vision for 2045

17 February 2018

In the next 27 years, Barbados Light & Power (BL&P) will be completely generating electricity from renewable energy. BL&P’s manager of communications and government relations Jackie Marshall-Clarke said the cost of electricity may be cheaper and Barbados would not... Read More

shell-petroleum

Appeal court rules Nigerians cannot pursue Shell spill claim in England

14 February 2018

LONDON/YENAGOA, Nigeria – The Court of Appeal in London ruled on Wednesday that two Nigerian communities cannot pursue Royal Dutch Shell in English courts over oil spills in Nigeria’s Delta region. The split decision upheld a High Court ruling last year that was... Read More

julie-reifer-jones

LIAT reiterates commitment to the region  

12 February 2018

ST JOHN’S – LIAT, The Caribbean Airline, remains committed to serving the region and its needs. This statement comes from chief executive officer, Julie Reifer-Jones as she reiterated the airline’s position for 2018. Jones noted that despite the major challenges... Read More

alibaba

Alibaba kicks off sponsor deal in Pyeongchang

11 February 2018

PYEONGCHANG, South Korea − Alibaba Group Holding Ltd is launching a project that will create a “smarter” and more connected athletes’ village and stadia and make all Olympics stakeholders “more money”, its executives said on Saturday. Many of Alibaba’s plans are... Read More

bentley-gibbs

Barbados ratifies WTO agreement on trade facilitation

08 February 2018

Barbados has ratified the World Trade Organization’s (WTO) on Trade Facilitation Agreement (TFA). The instrument of ratification was formally handed over by Ambassador to the United Nations and Other International Organisations, Bentley Gibbs, to Secretary General... Read More

justin-ram

Ram: Barbados may record worst growth in region

08 February 2018

Barbados is in danger of having the region’s worst performing economy this year. Predicting that the Barbados economy would grow by no more than 0.7 per cent in 2018, Caribbean Development Bank (CDB) director of economics Dr Justin Ram yesterday advised Government... Read More

snapchat

Snap shares soar as user growth, revenue beat

07 February 2018

Snap Inc surprised Wall Street on Tuesday with a rebound in user growth for its Snapchat messaging app, showing resilience amid competition with Facebook Inc’s Instagram and sending shares up nearly 30 per cent. Paired with higher-than-expected revenue and improved... Read More

wall-street-sign

S&P 500, Dow on track for worst week in two years

03 February 2018

Wall Street extended losses on Friday after a round of weak earnings and on the back of robust payrolls data that sent bond yields higher, vexing all three major US stock indexes. The S&P 500 and the Dow are both on track for their biggest one-week declines in more... Read More

jerry-franklin

BREA elects new board of directors

02 February 2018

The Barbados Renewable Energy Association (BREA) has elected a new board of directors. The Association’s 6th Annual General Meeting took place on Wednesday at the Bagnall’s Point Conference Room on Harbour Road, St Michael. Jerry Franklin, managing director of... Read More

fitch-ratings

Fitch revises Jamaica’s outlook to positive

02 February 2018

KINGSTON - The international ratings agency Fitch Ratings has affirmed Jamaica’s long-term foreign and local currency issue default ratings at ‘B’ and revised the outlook from stable to positive. In a release on Thursday, the Ministry of Finance said the rating... Read More

esther-byer-suckoo

June 15 deadline for completion of sexual harassment policies

01 February 2018

Employers are being reminded that they have until June 15 to have their sexual harassment policies in place, as required under the Employment Sexual Harassment (Prevention) Act. Minister of Labour, Social Security and Human Resources Development, Senator Dr Esther... Read More

reginald-farley

ICAB expresses concern about foreign reserves decline

01 February 2018

The Institute of Chartered Accountants of Barbados says the continuing decline in the level of foreign reserves is of great concern. In a statement, executive director Reginald Farley said an adequate foreign reserve buffer, estimated at 12 weeks of imports, is a... Read More

bitcoin

Bitcoin slides as Facebook ad ban, India clampdown unnerve investors

01 February 2018

LONDON – Bitcoin, the world’s largest cryptocurrency, skidded 11 per cent on Thursday to its lowest since November, as a Facebook ban on cryptocurrency adverts and a growing regulatory backlash against the nascent market frightened investors. “Sentiment towards cryptocurrencies... Read More

cleviston-haynes

Gov.: Let’s face it

01 February 2018

BARBADOS’ FOREIGN RESERVES have slumped to their lowest level in 22 years, but Central Bank Governor Cleviston Haynes sees no reason to press the panic button. Overall, Barbados’ has lost more than $1 billion in foreign reserves since 2012, the bank’s statistics... Read More

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