March 15, 2021
Chinese economy continues its pandemic bounce back
Key economic data in China surged dramatically in the first two months of 2021, pointing to a continued recovery for the world's second largest economy. China's industrial output grew 35.1% in January and February compared to the same months last…
March 12, 2021
Netflix considers crackdown on password sharing
Some users have reported seeing a screen saying, "If you don't live with the owner of this account, you need your own account to keep watching." A spokesperson told the BBC: "This test is designed to help ensure that people using Netflix accounts…
March 10, 2021
$1.9tn Covid relief bill passes US Congress
President Joe Biden's $1.9tn (£1.4tn) relief bill to help Americans deal with the impact of the Covid-19 pandemic has cleared its final hurdle in Congress. The House of Representatives approved the massive economic aid plan 220-211 on Wednesday…
March 5, 2021
Regional financial integration a US$57-billion opportunity
Acting chief executive officer (CEO) of Trinidad and Tobago Stock Exchange Limited Eva Mitchell says with an estimated US$57 billion in investable funds across the Caribbean, integration can strengthen the region's financial services sector and…
March 3, 2021
COVID-19 forces company to pivot online
Caribbean Assurance Brokers has gone digital, as it seeks to offer more products online while growing the business seamlessly in this pandemic-struck business environment. The multi-line insurance broker has been forced to pivot its business towards…
March 1, 2021
British Airways parent company suffers record loss on virus
IAG, owner of British Airways and other European airlines, said last Friday it plunged into a record annual net loss of 6.9 billion euros (US$8.4 billion) as the coronavirus pandemic paralysed air travel. IAG, which also owns Spanish airline Iberia…
February 26, 2021
ECCB approves Royal Bank of Canada sale
Governor of the Eastern Caribbean Central Bank (ECCB), Timothy Antoine, has confirmed that his organisation will be approving the sale of Royal Bank of Canada (RBC) operations in several territories in the Eastern Caribbean. Antoine, accompanied by…
February 23, 2021
Facebook reverses ban on news pages in Australia
Facebook has announced it will restore news content to its users in Australia. The tech giant has blocked news to Australians on its platform since last Thursday amid a dispute over a proposed law which would force it and Google to pay news…
February 15, 2021
Ken Barton resigns amid money laundering scandal from Crown Resorts
The chief executive of Australian casino group Crown Resorts has quit amid a scandal over money laundering allegations within its casinos.Ken Barton's departure follows that of several other company directors. Last week an inquiry found Crown was…
October 3, 2020
Tesla sales surge as global demand picks up speed
Tesla's third-quarter sales jumped 44% as global demand for its electric vehicles outpaced that of most other automakers. The company reported Friday that it had delivered 139,000 SUVs and sedans from July through September, compared with 97,000…