Business
January 2, 2026
Lee-Chin’s AIC to make payment this month
AIC (Barbados) Limited has formally confirmed its obligation to make principal and interest payments in January totalling US$94.09 million to bondholders, following weeks of tension and a public…
January 2, 2026
Jamaica’s remittances falter steeply as Hurricane Melissa disrupts flows
Jamaica’s remittance inflows, a lifeline for households across the island, fell sharply in October, registering an 8.3 per cent decline compared with the same month last year. It reflects one of the…
January 2, 2026
Proven to book US$61.7 million from real estate developments
Financial services firm Proven Group Limited (PGL) expects to earn US$61.7 million in revenue from the sale of its real estate units in St Ann, which would build on its half-year performance.
January 2, 2026
Supreme to sell Evolve loan portfolio
Supreme Ventures (SVL) announced that discussions are under way to divest the loan portfolio of its subsidiary, Evolve Loan Co, along with select assets, to microlender Dolla Financial Services Ltd.…
January 2, 2026
PayPal applies for banking licence
US-based PayPal Holdings, Inc has formally applied to set up PayPal Bank, submitting applications to both the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation…
January 2, 2026
US stocks slip during final trading day of 2025
US stocks are slipping in afternoon trading Wednesday as Wall Street closes out a banner year for markets driven by both optimism and uncertainty. The S&P 500 was down 0.2 per cent. The Dow Jones…
January 2, 2026
Two sides of China’s economy
By some measures, China’s economy is looking resilient, with strong exports and breakthroughs in artificial intelligence (AI) and other advanced technologies. But that is not how it feels for many…
January 2, 2026
Large lobster theft uncovers seafood gangs that impacts consumers
Imagine the buffet. Forty thousand oysters, lobster worth US$400,000 and a cache of crabmeat all were stolen in separate incidents within weeks of each other in New England. The first seafood vanished…
January 2, 2026
US farmers get US$12-billion aid following Trump tariffs
US farmers are now learning how much aid they can expect to receive from a US$12-billion package that President Donald Trump announced earlier this month. The US Department of Agriculture released the…