• Today
    June 17

  • 09:35 PM


China to import $8 trillion of goods in next five years: foreign minister

31 March 2018

BEIJING − China will import $8 trillion of goods and attract $600 billion of foreign investment in the next five years, Foreign Minister Wang Yi said on Friday. China’s overseas investment will reach $750 billion in the next five years, the foreign ministry said... Read More


Starbucks coffee in California must have cancer warning, judge says

31 March 2018

Starbucks Corp and other coffee sellers must put a cancer warning on coffee sold in California, a Los Angeles judge has ruled, possibly exposing the companies to millions of dollars in fines. A little-known not-for-profit group sued some 90 coffee retailers, including... Read More


Uber reaches settlement with family of autonomous vehicle victim

29 March 2018

TEMPE, Ariz. – The family of a woman killed by an Uber Technologies Inc. self-driving vehicle in Arizona has reached a settlement with the ride services company, ending a potential legal battle over the first fatality caused by an autonomous vehicle. Cristina Perez... Read More


Economist: Take a look at Iceland

28 March 2018

If Government seeks the International Monetary Fund’s (IMF) help, Barbadians should prepare to face more austerity. But international economist professor Andrew Rose insisted whether or not the rescue effort was home-grown or foreign, Barbados should focus on “enhancing... Read More


S&P Global cuts top sovereign analysts as part of broader cull

26 March 2018

LONDON – The world’s biggest credit ratings agency S&P Global has cut more than five of its most senior sovereign analysts as part of a broader reduction of in excess of 100 staff, a source told Reuters. The firm’s highly-regarded sovereign division, which monitors... Read More


TSX higher as gold prices rise

24 March 2018

Canada’s main stock index rose on Friday, led by the materials sector as gold prices surged to a one-month high, a day after the index posted its worst day since September 2016 on fears of a global trade war. Fears of retaliatory trade tariffs sent investors scrambling... Read More


FirstCaribbean files for proposed initial public offering in US

23 March 2018

FirstCaribbean International Bank Limited (FCIB) today announced that it has filed a Registration Statement on Form F-1 with the United States Securities and Exchange Commission (SEC) relating to the proposed initial public offering in the United States of FCIB’s common... Read More


Nation Group restructuring

23 March 2018

The Nation Group of Companies will undergo a comprehensive restructuring process, which aims to streamline the relevant organizations and reduce operational costs, to best respond to the changing business and media environment. The changes, which will be rolled out... Read More


CTO CDB looking to double number of Hospitality Assured businesses

22 March 2018

The Caribbean Tourism Organization (CTO) is looking to double the number of businesses recognised as Hospitality Assured (HA), the certification programme that promotes business and service excellence. At present, 33 of the 80 tourism and hospitality businesses involved... Read More


Zuckerberg says Facebook made mistakes on user data

22 March 2018

Facebook Chief Executive Mark Zuckerberg said on Wednesday that his company made mistakes in how it handled data belonging to 50 million of its users and promised tougher steps to restrict developers’ access to such information. The world’s largest social media network... Read More


Trump to announce China tariffs, boosting fears of trade war

21 March 2018

United States President Donald Trump will announce tariffs on Chinese imports on Thursday, a White House official said, in a move aimed at curbing theft of U.S. technology that is likely to trigger retaliation from Beijing and stoke fears of a global trade war. There... Read More


CIBC FirstCaribbean appoints new private wealth investment advisor

12 March 2018

GEORGE TOWN, Cayman Islands – Regional bank CIBC FirstCaribbean recently announced the appointment of Paul Michael Jenkins, to the post of Private Wealth Investment Advisor. The banking executive will work with CIBC FirstCaribbean clients in The Cayman Islands, Barbados... Read More


Spotlight on issues affecting females in the workforce

09 March 2018

Women have made significant inroads into male-oriented areas of business, but there is still some distance to go to achieve true equality and status. This was the consensus of participants in a seminar entitled Women On Worth – Gender Equality And Feminity In The... Read More


Economist: Foreign reserves in free fall

08 March 2018

The Freundel Stuart administration is in danger of losing control of the BD$2 to US$1 exchange rate, says former Central Bank Governor Dr DeLisle Worrell. He argues this was likely if Government continues to spend more than it earns, as it has been doing for much... Read More


Bitt.com receives USD3 million in additional funding

08 March 2018

Bitt.com, the Barbados based Caribbean blockchain-based digital payment provider, has received USD3 million in additional funding. The investment comes from Medici Ventures, Overstock.com’s blockchain subsidiary created to leverage blockchain technology to solve... Read More


Heineken optimistic on NAFTA revamp, opens new Mexico brewery

28 February 2018

MEXICO CITY − The world’s second largest brewer, Heineken, is optimistic that talks to revamp the NAFTA trade deal will be successful, its Americas division chief said on Tuesday after attending the opening of the firm’s seventh brewery in Mexico. The process of... Read More


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


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


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


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


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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