February 9, 2022
Bahamian Government says new taxes will be last resort
Prime Minister Phillip Davis says his administration does not intend to impose any new tax on the population, saying to do so would be a “last resort”. Davis told reporters that he remains optimistic about his administration’s fiscal plans recalling…
February 3, 2022
CNN president Jeff Zucker has resigned
CNN president Jeff Zucker has resigned from the network after failing to disclose a romantic relationship with a senior executive.The 56-year-old Mr Zucker said in a memo to colleagues that he was "wrong" to not report the relationship as…
February 2, 2022
Sony says it will buy video game developer Bungie for $3.6bn
Sony says Bungie, best known for the Destiny and Halo games, will help it "reach billions of players". Halo is one of the games that contributed to the popularity of Microsoft's Xbox. Earlier this month, Microsoft revealed plans to buy video games…
January 31, 2022
Key crops face major shifts as world warms
The parts of the world suitable for growing coffee, cashews and avocados will change dramatically as the world heats up, according to a new study. Key coffee regions in Brazil, Indonesia, Vietnam and Colombia will all "drastically decrease" by…
January 27, 2022
GUYANA Finance Minister presents half a trillion dollar budget
The Guyana government Wednesday presented a GUY$552.9 billion (One Guyana dollar=US$0.004 cents) tax-free budget to Parliament providing funding for a series of sectors here as the country seeks to continue building on the 19.9 per cent economic…
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…