Caribbean Business Reports

Energy

Global oil demand to hit pre-COVID level next year — IEA

Global oil demand will recover to pre-pandemic levels late next year, the International Energy Agency...

Jun 11 | BY

Money

Surge in remittances boosts Zimbabwe economy, central bank says

Zimbabweans living abroad almost doubled the amount of money they sent home this year, bolstering...

Jun 09 | BY

Trade

Chinese exports jump, gap with US grows as tensions persist

China’s exports and imports surged in May and its politically sensitive surplus with the US...

Jun 07 | BY

Energy

Chevron keeps Venezuela foothold with new US sanctions waiver

Chevron Corp and top American oil-service companies won an extension to keep a limited presence...

Jun 01 | BY

World

Exports, housing bolster Canada’s economy in face of lockdowns

Canada’s economic recovery likely forged ahead in the first quarter, with a recovering export sector...

May 31 | BY

Employment

CEO pay rises even as pandemic ravages economy

As COVID-19 ravaged the world last year, CEOs’ big pay packages seemed to be under...

May 31 | BY

Entertainment

Amazon to buy MGM, studio behind James Bond and ‘Shark Tank’

Online shopping giant Amazon is buying MGM, the movie and TV studio behind James Bond,...

May 26 | BY

Money

Bank of Canada calls crypto assets an emerging vulnerability

The Bank of Canada said volatility in cryptocurrency assets is an emerging vulnerability to the...

May 21 | BY

Energy

Europe’s oil demand surges as drivers hit the roads again

 In parts of Europe, highways are getting as busy as they were before the pandemic,...

May 20 | BY

Travel

EU takes big step toward relaxing travel for vaccinated

The European Union took a step toward relaxing travel rules for tourists from outside the...

May 19 | BY

Economy

Standard Bank Gears Up for Africa’s Post-Covid Economic Recovery

Africa’s biggest lender sees opportunity in both its core South African market and the rest...

May 18 | BY

Technology

Amazon announces new distribution centre for North Carolina

Amazon is planning a US$100-million distribution and fulfilment centre, Johnston County officials announced Monday. According...

May 14 | BY

Trade

China trade surges as global demand recovers from pandemic

China’s trade with the United States and the rest of the world surged by double...

May 12 | BY

Economy

EU: Pandemic measures to total about US$5.85 trillion

The European Union’s top economy official said Monday that the recovery measures the EU and...

May 11 | BY

World

New Fortress Energy targets LatAm expansion

Production at new LNG terminals in Mexico, Nicaragua, and Brazil will increase output for New...

May 10 | BY

Automotive

China propels BMW to strong profits, Germany lags

Booming sales in China helped propel German luxury carmaker BMW to stronger profits in the...

May 09 | BY

Travel

Air Canada pleads with PM Trudeau for plan to ease travel rules

Flush with bailout funds, Air Canada called on the Government of its home country to...

May 07 | BY

Money

Wealthiest Americans get US$195-billion richer in Biden’s first 100 days

Joe Biden’s election has done little to slow the inexorable surge of wealth among US...

May 03 | BY

Banking

Citi asks Appeals Court to reverse ruling on errant $500-M transfer

Citigroup Inc urged a federal appeals court to overturn a ruling allowing a group of...

Apr 30 | BY

Employment

US jobless claims fall to 547,000, another pandemic low

The number of Americans applying for unemployment aid fell last week to 547,000, the lowest...

Apr 22 | BY