December 13, 2021
Peloton responds with parody ad after shares tumble
Fitness equipment maker Peloton has offered a humorous response after the brand featured in the HBO Max show.At the end of last week, the firm's shares slumped after a key character died while using one of the company's exercise bikes.The company…
December 11, 2021
Exxon moves all chain supply services from Trinidad & Tobago to Guyana
The President of ExxonMobil Guyana, Alastair Routledge has announced that the US based company has now moved all of its supply chain services from neighboring Trinidad and Tobago to Guyana. In making the recent announcement, Routledge said the…
December 9, 2021
Dominica, Montserrat latest OECS countries to roll out DCash digital wallet
Dominica and Montserrat have become the latest countries to launch the Eastern Caribbean Central Bank (ECCB) backed DCash pilot programme as a payment system in the sub-region. Digital Economy Minister, Cassani Laville, said as payment systems…
December 8, 2021
Bitcoin inventor won a court case allowing him to keep his 1m Crypto cache
A computer scientist who claims he invented Bitcoin has won a court case allowing him to keep a cache of the cryptocurrency worth billions of dollars.A jury rejected claims that Craig Wright's former business partner was due half of the assets.As a…
December 5, 2021
Selfridges set for £4bn sale to Thai retail giant
Luxury department store group Selfridges is set to be sold to a Thai conglomerate for up to £4bn.The UK retailer owns 25 outlets, including a huge flagship store in London's Oxford Street, and branches in Dublin, the Netherlands and…
December 3, 2021
IMF predicts five per cent economic growth for Dominica in 2022
The International Monetary Fund (IMF) Friday predicted that Dominica will record economic growth of five per cent next year, as the island recovers from the coronavirus (COVID-19) pandemic that has had a “heavy toll” on its economy. The…
December 2, 2021
Disney elects woman as chairman for first time in 98-year history
Walt Disney has elected a woman to become its chairman for the first time in the entertainment giant's 98-year history.Susan Arnold, who has been a Disney board member for 14 years, will succeed Bob Iger at the end of this year.She was formerly an…
November 29, 2021
OECS launches TECHIE programme
The Organisation of Eastern Caribbean States (OECS) Commission has launched its entrepreneurs incubation and acceleration programme welcoming its first cohort of entrepreneurs. The Technology Competitiveness Hub for Innovation and Entrepreneurship…
November 28, 2021
Protesters hit Amazon buildings on Black Friday
Protests are being staged at Amazon buildings in the UK, US, and Europe on Black Friday.The shopping sales day is among Amazon's busiest all year.An international coalition of unions, equality and environmental groups called "Make Amazon Pay" is…
November 24, 2021
US to release oil reserves in attempt to lower prices
The US has said it is releasing 50 million barrels of oil from its reserves in an attempt to bring down soaring energy and petrol prices. The move is being taken in parallel with other major oil-consuming nations, including China, India, Japan,…