April 16, 2021
Sandals and the Caribbean open for business
Sandals Resorts International says it has welcomed nearly 200 influencers, celebrities, and travel media to its resorts across the Caribbean and hosted several major radio remotes, creating close to 300 million global media impressions in what it…
April 12, 2021
Alibaba accepts China’s fine and vows to change
Chinese tech giant Alibaba said on Monday that it accepted a record penalty imposed by the country's anti-monopoly regulator. Regulators slapped a $2.8bn fine after a probe determined that it had abused its market position for years. The fine…
April 8, 2021
IMF predicts global economy improving despite Covid
The roll-out of COVID-19 vaccines and vast sums of government aid will accelerate global economic growth to a record high this year in a powerful rebound from the pandemic recession, the International Monetary Fund (IMF) says in its latest……
April 7, 2021
Amazon’s Jeff Bezos backs tax rise on firms
Amazon boss Jeff Bezos has said he supports raising taxes on US companies. The comments by the world's richest man come as US President Joe Biden is pushing to raise the corporate rate from 21% to 28%. The rise would help pay for a massive spending…
April 6, 2021
Janet Yellen pledges greater US international co-operation
US Treasury Secretary Janet Yellen has signalled a stronger engagement on issues from climate change to human rights to tax evasion, pledging to restore America's economic leadership. "America first must never mean America alone," she said in her…
April 5, 2021
Godzilla Vs. Kong reports monster box office sales
As the world grapples still with the pandemic, it seems as if movie goers has restarted going back to the cinema, as Hollywood film Godzilla Vs. Kong has set a new global record for pandemic-era filmgoing, Takings have been more than $385m (£205m)…
April 1, 2021
IMF sees global economy improving despite uncertainties
Economic growth led by the United States and China is accelerating, amplifying the risks of an uneven global recovery, the head of the International Monetary Fund (IMF) said yesterday. “In January we projected global growth at 5.5 per cent in 2021,”…
March 30, 2021
US$383 million replenishment for CDB fund to reduce poverty
The Caribbean Development Bank’s (CDB) Board of Directors today endorsed a US$383 million programme for the 10th cycle of the Bank’s Special Development Fund (SDF), the programme devised to reduce poverty and inequality and transform the lives of…
March 29, 2021
Mastercard accelerates deployment of digital first solutions in Latin America and the Caribbean
Mastercard is expanding its Engage platform in Latin America and the Caribbean to offer customers easy access to a growing network of qualified technology and fintech partners that can quickly deploy Mastercard Digital First solutions. These…
March 24, 2021
US stocks close broadly lower on Wall Street as banks stumble
The US Stocks closed broadly lower yesterday and gave back nearly all of their gains from a day earlier as technology, industrial and bank stocks fell. The S&P 500 fell 30.07 points, or 0.8 per cent, to 3,910.52. Technology stocks were the…