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Caribbean Development Bank issues loan for Dominica’s post-hurricane recovery

from teleSUR Last September the island was devastated by hurricanes Irma and Maria, which gravely damaged its electrical grid. The Caribbean Development Bank (CDB) announced Sunday it will provide US$16 million in funding to the the Caribbean island of Dominica…

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Crypto exchange Binance ordered to suspend operations in Japan

By Adam Samson in London and Leo Lewis in Tokyo From Financial Times YESTERDAY Binance, one of the world’s biggest cryptocurrencies exchanges, has been ordered by the financial services agency in Tokyo to suspend its operations in Japan. Japan’s Financial…

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The ‘Chinese Netflix’ iQiyi is gearing up for$2 billion–plus IPO: 4 things to know

By Ciara Linnane From MarketWatch Shares of Baidu unit iQiyi are expected to start trading on the Nasdaq next week The Netflix of China is coming to a (trading) screen near you. The Chinese streaming company iQiyi Inc., majority-owned by…

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Caribbean Market Overview – 2018 Q1

From CIBC FirstCaribbean  CIBC World Markets Inc. Caribbean Economic Overview Summary: In the IMF’s latest World Economic Outlook issue of January 2018, it points to a significant y/y acceleration in world economic expansion during 2017, as 120 economies experienced some…

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‘Black Panther’ becomes biggest domestic superhero film of all time

By: Jason Aycock, SA News Editor From Seeking Alpha The latest milestone for Black Panther (NYSE:DIS): becoming North America’s top-grossing superhero film of all time. The film passed the $623.4M drawn by fellow Marvel title The Avengerstoday and became the…

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Trump administration will contribute to UN’s $46M request to help Venezuelan refugees

BY FRANCO ORDOÑEZ AND JACQUELINE CHARLES From McClatchy DC WASHINGTON The Trump administration is considering giving up to nearly $10 million more to help Latin American and Caribbean nations with the flow of displaced Venezuelans. The appropriation would be part…

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Bombardier reports 57% rise in profits

By Jamie Robertson From BBC Bombardier, the train and plane manufacturer at the centre of a trade row between the US, the UK and Canada, has seen a 57% rise in profits. The US Commercial department had threatened to impose…

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Cayman Islands delegation arrives in Hong Kong

Premier Alden Mclaughlin and the Cayman delegation is in Hong Kong at the invitation of the UK Government to participate in the UK’s GREAT Festival of Innovation that takes place this week. Attending with Premier McLaughlin is Ministers Hon. Joey…

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Caribbean hurricane season under review

By Brigitte Leoni From Relief Web REPORT from UN Office for Disaster Risk Reduction GENEVA, 22 March, 2018 – A comprehensive review on how early warning systems performed in the Caribbean during the record-breaking 2017 Atlantic Hurricane Season will highlight…

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Yello Media, CPL sweep Caribbean cricket into the digital age

The Caribbean Premier League (CPL) and the Yello Media are set to take cricket in the Caribbean into the digital age. Yello Media, a digital and print advertiser, signed a new three year partnership designed to create community support, commerce,…