Thursday, May 9, 2024

Business

Watson says FTC rushed it

A RUSHED DECISION which will result in electricity rate increases for Barbadians. That is how intervenor Senator Tricia Watson has described the Fair Trading Commission’s (FTC) ruling on Barbados Light...

Boeing whistleblower says plane parts had serious defects

Plane bodies made by Boeing's largest supplier regularly left the factory with serious defects, according to a former...

St Lucian PM urges bank to re-examine policy to halt all cash transactions

Prime Minister Phillip J Pierre says he will seek regional support against moves by banks operating in the...

Cement sales decline

TRINIDAD CEMENT LIMITED (TCL) says the Barbados market for cement sales declined last year. This is stated in the...

FTX says it has billions more than owed to victims

Collapsed cryptocurrency exchange FTX says it has billions of dollars more than it needs to repay customers. The firm...

Eyes on cricket T20 World Cup

BEFORE BARBADOS HOSTED its first Cricket World Cup final in 2007, Barbadians expected the costs to outweigh the benefits. Research shows they felt differently...

Biden urged to ban China-made electric vehicles

President Joe Biden has been urged to ban imports of Chinese-made electric cars to the US. The chair of the Senate Banking Committee, Senator Sherrod...

Park ‘must go’

The operator of a beach front restaurant at Paynes Bay, St James has been ordered to dismantle a mini-play park which was erected on...

IMF managing director selected for second term

WASHINGTON - The International Monetary Fund's (IMF) executive board on Friday selected Bulgarian economist Kristalina Georgieva to serve as managing director for a second...

Central Bank steps up fight against hackers

THE CENTRAL BANK OF BARBADOS is working with other regulators and its licensees to fortify the financial system against “inevitable” cyber attacks. Tamara Hurley, Deputy...

US inflation jumps as fuel and housing costs rise

Consumer prices in the US rose faster than expected last month, in a sign that the fight to slow inflation has stalled. Prices rose 3.5%...