China vows ‘necessary countermeasures’ on Trump tariffs

Beijing has said it will respond in kind if President Trump imposes higher tariffs on Chinese exports on Friday. The Chinese Commerce Ministry said that if the US tariff measures are implemented, it would take "necessary countermeasures". The…

Trump sues Deutsche Bank and Capital One over Democrat subpoenas

US President Donald Trump has sued two banks in a bid to stop them handing over his financial records to Congress. The lawsuit against Deutsche Bank and Capital One was filed after Democrat-led committees issued subpoenas for information on his…

IMF’s Lagarde says further Brexit delay will ‘hinder’ UK growth

Further uncertainty over Brexit will hinder growth in the UK economy, the head of IMF has told the BBC. Speaking ahead of the agreement of an extension to Article 50, Christine Lagarde warned that businesses and investors will remain hesitant in the…

Donald Trump urges US Fed to cut interest rates

Donald Trump has stepped up his attacks on the US Federal Reserve by calling for the central bank to cut interest rates. The US President claimed that the Fed has "really slowed us down" in terms of economic growth, adding that "there's no…

EasyJet says Brexit, economic uncertainty hits demand

British no-frills airline EasyJet, on Monday said that uncertainty surrounding Brexit and the economic outlook is hitting demand for air travel. The announcement came in a trading update to coincide with the start of the group's second half. “For…

Solutions for transformation in focus for CDB’s 49th Annual Meeting

Solutions and strategies to drive economic and social transformation in the Caribbean will feature prominently when the Caribbean Development Bank (CDB) holds the 49th Annual Meeting of its Board of Governors in Trinidad and Tobago on June 5 and 6,…

Prime Minister May in final push to convince MPs to back deal

Theresa May is making a final bid to save her Brexit deal ahead of a crunch Commons vote. Battling a sore throat after late night talks with the EU, the prime minister urged MPs to back her "improved deal" or risk "no Brexit at all". But some…

BUSINESS LICENCE RENEWAL PROCESS – 2019/20

The Revenue Department would like to remind the general public that the 2019/20 Business Licence Renewal period will commence March 1st 2019. To assist with expedite the renewal process, Customers should take note of the following: Registered…

Amazon reconsidering move to New York according to reports

Amazon is rethinking its decision to create an additional headquarters in New York City amid opposition from key political leaders and protests in the community, the Washington Post reported Friday. The Post, which is owned by Amazon chief executive…

UK approves Vijay Mallya extradition to India

UK Home Secretary Sajid Javid has approved the extradition of Indian business tycoon Vijay Mallya, who faces fraud charges back home. The move comes two months after a London court ruled that he should be sent back for trial. Mr Mallya, whose…