Business

Climate risk and the Caribbean — road to a just transition

By Jimmy Greer | Wednesday, April, 3 2019    

While focused largely on Trinidad, this issue is relevant to the entire region. Jamaica is considered well ahead of Trinidad on this because it hasn't had any oil and gas.  Read More

Grenadian PM says hundreds will be employed at rebranded hotel

Wednesday, April, 3 2019    

ST GEORGE'S, Grenada (CMC) – Prime Minister Dr Keith Mitchell says he has been assured that at least 400 Grenadians will be employed when the rebranded Royalton Grenada hotel opens in December. Read More

Caricom body warns sale of Scotiabank could have anti-competitive effect in three member states

Wednesday, April, 3 2019    

PARAMARIBO, Suriname (CMC) — The Suriname-based Caribbean Community (Caricom) Competition Commission (CCC) says the intended sale of Scotiabank's assets in nine Caribbean countries could have anti-competitive effects in at least three Caricom member... Read More

Pound gains as May seeks another delay on Brexit

Wednesday, April, 3 2019    

NEW YORK, United States (AFP) — The pound advanced yesterday after British Prime Minister Theresa May said she would seek another extension from the EU on Brexit, signaling she could accept a closer relationship with Europe to break months of political deadlock. Read More

Photo: CONGRATULATIONS!

Wednesday, April, 3 2019    

Damoi Simpson, warehouse supervisor from Federated Pharmaceutical Limited, gets a hug from Cari-Med director Marva Christian as he collects his certificate of completion. The occasion was a graduation ceremony held last week for 31 employees of Cari-Med Limited, Kirk Distributors Limited and... Read More

Burger King goes... vegan? The meatless Whopper is here

Wednesday, April, 3 2019    

NEW YORK, United States (AFP) — For decades, fast-food giant Burger King (BK) has been the undisputed Home of the Whopper — the chain's signature sandwich featuring one of its flame-grilled, “no nonsense” 100 per cent beef patties. Read More

Global tensions to force trade slowdown in 2019 — WTO

Wednesday, April, 3 2019    

GENEVA, Switzerland (AFP) — Global trade growth is expected to be lower in 2019 than it was last year, the World Trade Organization (WTO) forecast yesterday, citing widespread “tensions” and economic uncertainty. Read More

'Precarious' global rebound expected in late 2019 — IMF's Lagarde

Wednesday, April, 3 2019    

WASHINGTON, United States (AFP) — Global growth in 2019 should be even slower than previously expected but a “precarious” rebound later this year is likely, the head of the International Monetary Fund said yesterday. Read More

Network of Caribbean Chambers to be launched in Barbados

Wednesday, April, 3 2019    

CHAMBERS of Commerce from across the Caribbean are gathering in Barbados on 1 - 2 April 2019 to formally launch the Network of Caribbean Chambers of Commerce (CARICHAM). Read More

US, China leading race for 5G wireless — survey

Wednesday, April, 3 2019    

WASHINGTON, United States (AFP) — The United States and China are in a virtual deadlock in the race for 5G, or fifth-generation wireless networks expected to unlock new services, an industry survey showed yesterday. Read More

JN Fund Managers among growing list of brokers for Wigton IPO

Wednesday, April, 3 2019    

JN Fund Managers has joined the growing list of brokers agreeing to participate as selling agents in the Wigton Windfarm Ltd initial public offering (IPO) of shares. Read More

Sall starts second Senegal term with 'constructive' dialogue pledge

Wednesday, April, 3 2019    

DIAMNIADIO, Senegal (AFP) — Macky Sall on Tuesday embarked on his second term as Senegal's president pledging “constructive” dialogue with the opposition and reforms to spur development. Read More

Business group warns about closure of companies following political unrest and new wage bill

Wednesday, April, 3 2019    

PORT AU PRINCE, Haiti (CMC) – The Association of Industries of Haiti (ADIH) Monday said that a factory employing thousands of people was shutting down its operations and wondered whether any other company would be following suit as a result of the prevailing political situation in... Read More

EU hits Britain over illegal tax break to multinationals

Wednesday, April, 3 2019    

BRUSSELS, Belgium (AFP) — The EU's powerful anti-trust authority yesterday said a tax break from Britain for unnamed multinationals was illegal under State aid rules, firing a shot at London amid Brexit chaos. Read More

Billionaire Buffett — nations must help economic 'roadkill'

Wednesday, April, 3 2019    

WASHINGTON, United States (AFP) — Billionaire investor Warren Buffett said Thursday that wealthy countries are obliged to take care of victims of the fast-moving global economy who become “roadkill”. Read More



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