August 28, 2024
Edgar Bronfman Jr. withdraws offer for Paramount, allowing Skydance merger to go ahead
NEW YORK (AP) — The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer. Bronfman, executive chairman of streaming service Fubo, told Paramount’s special…
May 26, 2023
Invest Turks and Caicos’ Business Support Unit partners with the Department of Trade to deliver Export Opportunities for MSMEs Training
On Thursday, May 11th, 2023, Invest Turks and Caicos’ Business Support Unit (BSU); partnered with the Department of Trade, Industry, and Fair Competition to host the Export Opportunities for MSMEs Training. In attendance were nineteen business…
April 26, 2023
Engagement ring sales are down sharply, according to America’s biggest jeweler
New York CNN — It seems to be a turbulent time for retailers who cater to couples in love. On the heels of David’s Bridal, the largest seller of wedding dresses declaring bankruptcy last week, another big seller of symbols of enduring love, like…
April 1, 2023
Italy temporarily blocks ChatGPT over privacy concerns
ROME (AP) — Italy is temporarily blocking the artificial intelligence software ChatGPT in the wake of a data breach as it investigates a possible violation of stringent European Union data protection rules, the government’s privacy watchdog said…
November 16, 2022
Elon Musk says he will find a new leader for Twitter
Nov 16 (Reuters) - Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that he hoped to complete an organizational restructuring this week. Musk made the…
September 19, 2022
The world’s second biggest cryptocurrency just got a lot greener
New Delhi (CNN Business) — Ethereum, the world's second most valuable cryptocurrency, has completed a massive software upgrade that its backers claim will slash its carbon footprint. The long-awaited revamp, which is known as "The Merge," will…
September 12, 2022
Price of war: UK and EU throw $500 billion at energy subsidies
London (CNN Business) — The United Kingdom on Thursday confirmed plans to subsidize energy bills for households and businesses, joining other European governments in a costly race to protect their economies from freezing up this winter as Russia…
July 27, 2022
IMF: UK set for slowest growth of G7 countries in 2023
The UK is set for the slowest growth of the G7 richest economies next year, the International Monetary Fund has warned. It is predicting UK growth will fall to just 0.5% in 2023, much lower than its forecast in April of 1.2%. The global economy has…
July 20, 2022
Netflix loses subscribers, but stops the bleeding
New York (CNN Business) Netflix reported Tuesday that it lost 970,000 subscribers in the second quarter of 2022 — a number far lower than its own forecasts, which had projected that the streaming giant would lose two million subscribers. The company…
July 15, 2022
TCIG Making Payments Safer & More Convenient (Cashless)
The Financial Services and Supplies Management Unit (Treasury) of the Ministry of Finance, Trade and Investment, understands the need to continuously improve on business processes to better serve its customers by finding ways to make payment…