• Today
    September 15

  • 04:55 AM

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Amazon pulls the plug on New York headquarters

14 February 2019

Amazon.com Inc abruptly scrapped plans for a new headquarters in New York that could have created 25 000 jobs, blaming opposition from local leaders upset by the nearly $3 billion in incentives promised by state and city politicians. Read More

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Late interest payments from Central Bank

03 January 2019

The Central Bank of Barbados advises that there has been a delay in making interest payments due on December 31, 2018 to some holders of Government Securities. The bank anticipates that all payments should be received by Friday, January 11, 2019. Read More

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FirstCaribbean’s Sheraton branch wins top award

21 December 2018

CIBC FirstCaribbean’s Sheraton Centre Branch is the joint winner of the 2018 Joy Callender Branch of the Year award. It shared the top award with the Governor’s Harbour Branch in the Bahamas. Read More

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Barbados wins major recognition with Expedia award

15 December 2018

Copping another under its belt, Barbados has been awarded by Expedia Group Media Solutions, the advertising arm of Expedia Group, the 2018 Digital Marketing Campaign of the Year in the Latin America Caribbean. Presented at the annual Expedia Group Partner Conference,... Read More

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Sagicor open to other offers

28 November 2018

The door has been left open for Sagicor to accept an acquisition offer better than the US$536 million one now on the table from Canadian company Alignvest Acquisition II Corporation. Sagicor Financial Corporation group chief operating officer Ravi Rambarran revealed... Read More

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Republic Financial Holdings to acquire Scotiabank in nine Caribbean countries

27 November 2018

Republic Financial Holdings Limited (RFHL) announced today, that it has entered into an agreement to acquire Scotiabank’s banking operations in Guyana, St Maarten and the Eastern Caribbean territories, including Anguilla, Antigua and Barbuda, Dominica, Grenada, St Kitts... Read More

sagicor

Canadian company to acquire all Sagicor shares

27 November 2018

Sagicor Financial Corporation Limited, which is listed on the Barbados, Trinidad and Tobago and London Stock Exchanges, announced today that it has entered into a definitive arrangement agreement with Alignvest Acquisition II Corporation pursuant to which Alignvest... Read More

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UK Export Finance offers credit guarantees and financing for regional businesses

27 November 2018

Officials from the UK’s export credit guarantee agency, UK Export Finance (UKEF), are on a tour through several Independent Caribbean countries to promote their attractive credit guarantee and direct-lending products to commercial entities in need of financing. Read More

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Airbnb to remove listings in Israel’s West Bank settlements

20 November 2018

JERUSALEM − Home-renting company Airbnb Inc said on Monday it would remove listings in Israeli settlements in the occupied West Bank, a move Israel called a “wretched capitulation” to boycotters and Palestinians hailed as a step towards peace. Read More

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Barbados, Symmonds, recognised at World Travel Market

17 November 2018

It was a time of celebration for the Barbados delegation at last week’s World Travel Market (WTM) in London as both Minister of Tourism and International Transport, Kerrie Symmonds, and destination Barbados were recognised at the leading global event for the travel... Read More

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Making monumental impact

11 November 2018

The Oxford Dictionary defines ‘monumental’ as epic, huge, massive or enormous. That’s exactly the type of impact Darnel Greenidge is looking to make with his new local luxury brand Monumental Watches. Since launching his brand on August 30, the buzz has been nothing... Read More

british-airways

British Airways boost for travel to and from Barbados

07 November 2018

Barbados stands to gain from increased capacity and product enhancements being introduced by British Airways to boost travel to and from the island this winter season and next year. The airline currently operates ten non-stop flights per week from Barbados to London... Read More

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IDB bolsters Barbados’ macroeconomic emergency programme

06 November 2018

Working with a $100 million loan from the Inter-American Development Bank (IDB), the Government of Barbados seeks to regain macroeconomic stability, implement fiscal adjustment measures that foster a sustainable fiscal balance in the short and medium term, and protect... Read More

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AA goes cashless in Barbados

22 October 2018

American Airlines has announced that effective today, October 22, the airline will be going cashless at Grantley Adams International Airport (BGI). Passengers will be required to use a credit or debit card to make any transactions at the airport, including purchasing... Read More

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World Bank's Kim sees ‘clear’ economic slowdown if trade war escalates

11 October 2018

NUSA DUA, Indonesia − World Bank President Jim Yong Kim said on Thursday he is very concerned about the trade tensions between China and the United States and warned of a clear hit to global growth if all countries escalated their tariff threats. Read More

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AA extends daily flight service to Barbados

08 October 2018

NEW YORK − American Airlines has unveiled the extension of the additional winter capacity from hub cities Charlotte and Miami to Barbados, through its 2019 summer core flight schedule. Daily service out of Charlotte will run from December 19 to April 2, 2019 and... Read More

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Musk to resign as Tesla chairman, remain as CEO in SEC settlement

30 September 2018

WASHINGTON/SAN FRANCISCO – Tesla Inc. and Elon Musk have agreed to pay $20 million each to financial regulators and the billionaire will step down as the company’s chairman but remain as chief executive, under a settlement that caps a tumultuous two months for the carmaker.... Read More

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Central Bank comments on state of Trinidad and Tobago economy

30 September 2018

PORT OF SPAIN – The Central Bank of Trinidad and Tobago (CBTT) says activity in the energy sector continued to pick up in the second quarter of this year and that natural gas production benefitted from the implementation of the Juniper project with positive spill overs... Read More

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Govt starts talks with debtors

29 September 2018

Government has started to have preliminary discussions with several entities it is indebted to. Minister in the Ministry of Finance Ryan Straughn told the Sunday Sun that after these discussions reach an advanced stage, priority would be given to repayment but it... Read More

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Higher fees likely

29 September 2018

Increased user fees and staff cuts could be in the offing as local banks and insurance companies seek to recoup their losses suffered under Government’s debt restructuring programme. That programme offers to swap Government’s financial instruments on which it has... Read More

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LIAT cancels flights due to Tropical Storm Kirk

26 September 2018

LIAT wishes to advise passengers that due to the impending passage of Tropical Storm Kirk, several destinations within the LIAT network will be affected. In the interest of passenger and crew safety, several flights have been cancelled and/or retimed. Read More

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