January 22, 2022
Netflix faces rocky road after pandemic wins
The number of Netflix subscribers grew to 222 million last year, but the streaming firm is facing a rocky road ahead as the surge of interest it saw during the pandemic fades.Overall, Netflix added 18.2 million members last year - roughly half the…
January 20, 2022
Bahamas defends presence at EXPO 2020 Dubai
The Bahamas government has defended its decision to send a delegation to the Expo 2020 Dubai in the United Arab Emirates (UAE) saying it provides an opportunity for the Caribbean country to develop friendships and the tourism industry. Several…
January 18, 2022
OECS Commission to discuss geothermal energy for providing energy beyond electricity
The Organisation of Eastern Caribbean States (OECS) Commission will later this month host a webinar on geothermal energy, saying the use of the product has been an ongoing subject of research and exploration within the sub-region. It said that the…
January 14, 2022
Navient, formerly Sally Mae, agrees to $1.7 billion student loan settlement
One of the nation's largest student loan services agreed to pay a nearly $2 billion settlement after 38 states and the District of Columbia claimed it deceived thousands of students to pay more than they should have. The company Navient, formerly…
January 9, 2022
Samsung expects its profits to jump by 52%
Technology giant Samsung Electronics has said it expects to post a 52% jump in profit for the last three months of 2021, amid the global chip shortage.The world's biggest memory chip maker estimates that it made 13.8tn won ($11.5bn; £8.5bn) in the…
January 9, 2022
Bahamian Government to announce new real property tax measure
The Bahamas government will announce a new strategy regarding real property tax during the presentation of the mid-year budget next month “The tax system we have now is a very narrow-based system and so the tax reforms that we envision are to…
January 6, 2022
Drivers overcharged by £5m a day for petrol in UK.
The RAC has accused petrol retailers of ripping off motorists by refusing to pass on wholesale price cuts.The motoring organisation said unleaded petrol fell by 2p a litre, but should have come down by 12p.It estimated drivers were overcharged by…
January 4, 2022
Antigua still optimistic despite Air Canada flight suspension
The Antigua and Barbuda government says it remains optimistic that Air Canada will reverse its decision to suspend flights to the island as of January 31st, this year as the country battles with the last surge in coronavirus (COVID-19) cases in…
December 30, 2021
Bank hands out £130m in Christmas blunder
Tens of thousands of people awoke on Christmas morning to a surprise from an unexpected benefactor - Santander. The bank mistakenly deposited £130m into 75,000 accounts on 25 December.Santander's staff are now rushing to claw back the money,…
December 24, 2021
Unless the UK government intervenes, Energy bills will soar to 50% next year.
Energy bills will soar another 50% next year unless the government intervenes, the industry has warned.Supplier EDF said the situation was "critical" as customers, already seeing record bills, are hit with more rises due to surging wholesale gas…