4,500 jobs to be created at new Phoenix Park
Trinidad Guardian

Trade Minister Paula Gopee-Scoon has given more details of two major projects between Government and Beijing Construction Engineering Group Co. Ltd. (BCEG) which are to be implemented by Lake Asphalt Limited and Evolving...

May defeats Brexit rebels
Jamaica Gleaner

The British government won a key vote in Parliament on its flagship Brexit legislation Wednesday but remains locked in a tussle with lawmakers over the direction of the country's departure from the European Union.The...

Technology crucial to moving economy forward -- IDB official
Jamaica Observer

KINGSTON,  Jamaica (JIS) — General Manager of the Country Department, Caribbean Group, at the Inter-American Development Bank (IDB), Therese Turner-Jones, has underscored the importance of technology in...

Ascendant Group up 0.9
Royal Gazette

Shares of Ascendant Group were up 15 cents, or 0. 9 per cent, at 16 after 1,000 traded on The Royal GazetteBSX Index. There was also trading in 280 shares of Butterfield Bank, and 1,500 shares of Argus Group Holdings, but...

ExxonMobil discovers more oil in Guyana
Jamaica Gleaner

  American oil giant, ExxonMobil has struck oil again this time at the Longtail-1 exploration well, making this the eighth successful discovery in Guyana. In a press release ExxonMobil’s partner Hess Corp said...

Monument Re Acquires Portfolio From Metlife
Bernews

Monument Re announced today that, subject to regulatory approval, it has acquired a run-off portfolio of linked and traditional business from Metlife Europe d.a.c. initially through reinsurance to Monument Re followed,...

Axis Capital is finalist at Hedge Fund event
Royal Gazette

Axis Capital is among the finalists for the Institutional Investor magazines 16th Annual Hedge Fund Industry Awards. The awards will be awarded in New York City on June 28. Bermudian-based Axis Capital is one of four...

BCAA sees benefits from relocating UK office
Royal Gazette

Switching its UK office from London to Farnborough Airport, about 40 miles southwest of the capital city, is bringing benefits for the Bermuda Civil Aviation Authority. A big advantage is being in the aviation...

Tackling crime is key to growth
Jamaica Gleaner

The International Monetary Fund (IMF) has again sought to persuade the Government that improving security and crime prevention is crucial in Jamaica and other parts of the region where chronically high crime rates are...

Power-starved Nigeria on the brink after six plants closed
Jamaica Observer

ABUJA, Nigeria (AFP) —Nigerian officials were working Monday to prevent the “collapse” of the electric grid after they had to close down six power plants following a pipeline failure and “technical...

Question marks over US trade policies
Jamaica Observer

WASHINGTON, United States (AFP) — America's new protectionist trade policies make good on President Donald Trump's campaign pledges but come at significant risks. What are the strengths and weaknesses of his trade...

US slaps anti-dumping duties on Chinese alloy aluminium sheet
Jamaica Observer

WASHINGTON, United States (AFP) — The United States said yesterday it was imposing steep import duties on Chinese imports of alloy aluminium sheet valued at nearly US$1 billion, which Washington says have been dumped...

Central Africa says Boris Becker's diplomatic passport is 'fake'
Jamaica Observer

BANGUI, Central African Republic (AFP) — The Central African Republic (CAR) said yesterday that a diplomatic passport whichtennis star Boris Becker claims entitles him to immunity in bankruptcy proceedings in Britain...

Stock markets plunge on US-China trade war fears
Jamaica Observer

LONDON, United Kingdom (AFP) — Global stock markets tumbled yesterday on rising fears of a trade war after US President Donald Trump threatened fresh tariffs on Chinese imports and Beijing warned of...

Google to invest US$550 million in China e-commerce giant JD.com
Jamaica Observer

BEIJING, China (AFP) — Google will invest more than half a billion US dollars in China's second-largest e-commerce company JD.com as part of a move to expand retail services around the world, the companies said...

IMF pleased with Jamaica's economic performance
Jamaica Observer

KINGSTON, Jamaica (CMC) — An International Monetary Fund (IMF) delegation has ended a one-week visit to Jamaica saying that economic progress is reflected in high employment levels, an 11-year low unemployment rate,...

Guyanese Provide Canadian Youth With Entrepreneurial Training
Kaieteur News

Two Guyanese-born Canadians, Bishop Joseph Fisher, and social worker, Leyland Gudge, have collaborated to provide marginalized youth, 18 to 29 years old, in the Greater Toronto Area of Durham Region with a comprehensive...

World Cup: No Russian? No problem. There's an app for that
Jamaica Gleaner

Lionel Messi, Cristiano Ronaldo, or Neymar may be the stars of the World Cup. But Google Translate has been the Most Valuable Player for many fans to leap over the language barrier in Russia.They have used the mobile app...

China blasts new US tariff threat as blackmail, warns it will retaliate
Jamaica Gleaner

China on Tuesday threatened "comprehensive measures" in response to US President Donald Trump's new tariff hike, raising the possibility that Beijing might target operations of American companies.Trump's announcement...

Tackling crime is key to growth
Jamaica Gleaner

The International Monetary Fund (IMF) has again sought to persuade the Government that improving security and crime prevention is crucial in Jamaica and other parts of the region where chronically high crime rates are...

Government revenue up by $4.2B
Trinidad Guardian

The deficit incurred by Central Government in the first seven months of fiscal year (FY) 2017/18 was $2,909.8 million, down from the $8,991.1 million in the corresponding period a earlier. According to the latest Monetary...

Argus Group shares fall 1.3
Royal Gazette

Shares of Argus Group Holdings Ltd fell five cents, or 1. 3 per cent, to 3. 85 after 200 traded on The Royal GazetteBermuda Stock Exchange. Ascendant Group, the parent company of Belco, saw 1,500 shares change hands, but...

Video: Premier Burt On Bermuda/UK Relationship
Bernews

While independence is an “ultimate aim” it is not part of our current mandate and “you will not find Bermuda going independent any time during this term in office,” Premier David Burt said, adding that...

MoU signed for US$104m industrial park
Trinidad Guardian

T&T has entered into a distributive agreement for products from Lake Asphalt of T&T (1978) Limited to be shipped to China. This was announced yesterday at the signing of a memorandum of agreement (MoU) between...

India offers Ex-Im credit support for exporters -as private sector also announces closer ties with Cuba, Canada
Kaieteur News

The local private sector has announced that it is upping its aggression to improve trade with Cuba, Canada and India. Yesterday, during an announcement by the Georgetown Chamber of Commerce and Industry (GCCI) on the...

US accuses China of predatory economics
Jamaica Gleaner

China is engaging in "predatory economics 101" and an "unprecedented level of larceny" of intellectual property, US Secretary of State Mike Pompeo told a business audience Monday.Pompeo made the remarks at the Detroit...

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