Caribbean Business Reports

Commodities

Angola plans to sell stakes in State companies to raise funds

Angola plans to start a partial disposal of national oil company Sonangol and diamond firm...

Nov 24 | BY

Automotive

GM to recall 7M vehicles globally to replace Takata air bags

General Motors will recall about seven million big pickup trucks and SUVs worldwide to replace...

Nov 23 | BY

Health

Third major COVID-19 vaccine shown to be effective and cheaper

Pharmaceutical company AstraZeneca said Monday that late-stage trials showed its coronavirus vaccine was up to...

Nov 23 | BY

Health

Amazon opens online pharmacy in US, shaking up another industry

NEW YORK — Now at Amazon.com: insulin and inhalers. The online colossus opened an online...

Nov 21 | BY

Money

Canadians sitting on largest cash hoard ever recorded —CIBC

The COVID-19 pandemic has pushed Canadians to accumulate the largest amount of cash ever recorded,...

Nov 19 | BY

Banking

Google to offer chequing accounts with banks in US as part of Pay app revamp

Alphabet Inc unveiled its long-anticipated expansion of Google Pay, partnering with banks and retailers to...

Nov 18 | BY

Aviation

Boeing 737 Max cleared to fly again by FAA

After nearly two years and a pair of deadly crashes, the US Federal Aviation Administration...

Nov 18 | BY

Health

Moderna coronavirus vaccine shows almost 95% success in US tests

Moderna said Monday its COVID-19 vaccine is proving to be highly effective in a major...

Nov 16 | BY

Economy

G20 backs new rules to deepen debt help to poor hit by virus

The world’s top economies backed a new plan for restructuring the debt of poor countries...

Nov 13 | BY

Food

DoorDash IPO filing shows profitable quarter on pandemic boost

DoorDash Inc, the biggest US food-delivery platform, has filed for an initial public offering (IPO),...

Nov 13 | BY

Automotive

Nissan posts loss amid pandemic, scandal

Nissan posted a loss of 44.4 billion yen (US$421 million) in the last quarter as...

Nov 12 | BY

World

Apple unveils first Macs built to run more like iPhones

Apple is rolling out new Mac computers powered by the same kind of chips that...

Nov 11 | BY

Trade

US trade deficit falls to $63.9 billion in September

The US trade deficit fell in September after hitting a 14-year high the previous month...

Nov 05 | BY

Aviation

South Africa bails out airline after investor search fails

South African Finance Minister Tito Mboweni agreed to a 10.5 billion rand (US$641 million) bailout...

Nov 04 | BY

Automotive

Volkswagen and Toyota truck units team up on electrification

Volkswagen AG and Toyota Motor Corp’s truck subsidiaries are joining forces on battery-electric and fuel-cell...

Nov 02 | BY

Employment

Global travel and tourism projected to shed 174 million jobs

The global travel and tourism industry is on course to lose 174 million jobs this...

Oct 30 | BY

Travel

Heathrow loses claim to being Europe’s biggest airport

London’s Heathrow Airport says it has lost its place as Europe’s busiest air hub to...

Oct 28 | BY

Retail

Procter & Gamble’s new Lysol competitor wins EPA approval to fight COVID-19

Microban 24 wasn’t expected to be a major product before Procter & Gamble Co (P&G)...

Oct 28 | BY

Technology

T-Mobile offers up yet another TV streaming service

Yet another service provider is jumping into the TV streaming wars. This time it’s T-Mobile...

Oct 27 | BY

Investment

Pandemic pummelling foreign investment — UN

The coronavirus crisis is expected to drag foreign direct investment down by up to 40...

Oct 27 | BY