March 23, 2021
£5,000 fine for people going on holiday abroad
A £5,000 fine for anyone in England trying to travel abroad without good reason is due to come into force next week as part of new coronavirus laws. The penalty is included in legislation that will be voted on by MPs on Thursday. Foreign holidays…
March 18, 2021
Trump’s wealth down $700m after US presidency
Donald Trump's net worth has dropped by about $700m to $2.3bn (£1.65bn) during his time as president, according to the Bloomberg Billionaires Index. The Covid-19 pandemic hit his fortunes hard, with Mr Trump's office buildings, branded hotels and…
March 15, 2021
Bitcoin surges past $60,000 for first time
Cryptocurrency Bitcoin has risen for the first time above $60,000 (£43,100), continuing its record-breaking run. Bitcoin - which has more than tripled in value since the end of last year - has been powered on by well-known companies adopting it as a…
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…