Caribbean Business Reports

Health

Pfizer investors stand to benefit further from COVID-19 pill development

Wealth advisor at Ideal Portfolio Services Dwayne Taylor said shareholders of drug maker Pfizer stand...

Nov 17 | BY

Energy

New Fortress deal spurs debate in Sri Lanka

US- based New Fortress Energy, which has launched projects in Jamaica and is now seeking to craft...

Nov 13 | BY Dashan Hendricks

Environment

United States refuses to sign at COP26

Of the more than 100 countries present at the Conference of the Parties (COP26) climate...

Nov 07 | BY Andrew Laidley

Energy

New Fortress sees greater opportunities in Brazil, fast LNG

New Fortress Energy Inc (NFE) on Tuesday, November 2, 2021, reported a loss of US$9.8 million...

Nov 06 | BY

Environment

Maersk invests in electrofuels start-up

INTEGRATED container logistics company A P. Moller – Maersk has invested in Silicon Valley-based start-up...

Oct 05 | BY

Employment

Black ex-Tesla worker who claimed racial abuse awarded US$137M

Tesla Inc must pay nearly US$137 million to a black former worker who said he...

Oct 05 | BY

Automotive

Toyota banks on mobility technology for future growth

Japanese automaker Toyota is revving up acquisitions in mobility technology, adding Renovo Motors Inc, a...

Sep 29 | BY

Shipping

Shipping companies haul in record profits

Despite the impact of the novel coronavirus pandemic on the shipping industry, resulting in supply chain...

Sep 24 | BY

Commodities

Demand hike and supply snags push up aluminum price to US$3,000

Bloomberg reported this week that aluminium reached US$3,000 a ton in London for the first time...

Sep 24 | BY

Travel

Bill Gates’ investment firm to acquire controlling stake in Four Seasons

Bill Gates’ private equity firm, Cascade Investment, has reached a US$2.21-billion deal to acquire a...

Sep 16 | BY

Employment

IMF managing director appoints Ilan Goldfajn as head of the Western Hemisphere Department

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on Monday announced  the appointment...

Sep 15 | BY Josimar Scott

Banking

Problems continue to plague El Savador’s Bitcoin roll-out

One week after El Salvador became the first country to make bitcoin legal tender, problems...

Sep 15 | BY

Money

New virtual currency tied to oil takes aim at bitcoin

A new virtual currency launched yesterday aims to rival industry leader Bitcoin by pegging its...

Sep 11 | BY

World

El Salvador becomes the only country to make Bitcoin legal tender

El Salvador has made history by becoming the first country in the world to adopt...

Sep 08 | BY

Energy

OPEC steadily adds back production as economy recovers

Members of the OPEC oil-producing cartel and allied countries led by Russia signed off Wednesday...

Sep 01 | BY

Travel

EU takes US off safe travel list; backs travel restrictions

The European Union recommended Monday that its 27 nations reinstate restrictions on tourists from the...

Aug 30 | BY

Tourism

Now is not a good time to travel to Hawaii — governor

Hawaii’s governor asked Monday that visitors and residents reduce travel to the islands to essential...

Aug 24 | BY

Economy

Lebanon agrees to pay World Bank loan to the poor in dollars

Lebanon’s Government agreed Monday to pay tens of thousands of poor families cash assistance in...

Aug 23 | BY

Employment

Workers at Mexico GM plant end contract, oust union in vote

Workers at a General Motors plant in Mexico have voted to end a collective bargaining...

Aug 21 | BY

Automotive

Under delta, supply chain strains, Toyota slashes production

Toyota is scaling back production in North America and Japan as the surging coronavirus pandemic...

Aug 19 | BY