Business

SUVs, trucks and sports cars take centre stage at Detroit auto show

Wednesday, January, 16 2019    

DETROIT, United States (AFP) — SUVs, trucks and sports cars took centre stage Monday as a subdued Detroit auto show kicked off with fewer carmakers and more uncertainty. Read More

Trump promises citizenship path for skilled workers

Wednesday, January, 16 2019    

WASHINGTON, United States (AFP) — President Donald Trump said Friday he would make it easier for top-skilled workers to stay in the United States and become citizens, offering uncharacteristic praise for immigrants' contributions. Read More

US company drilling for oil in Guyana

Wednesday, January, 16 2019    

GEORGETOWN, Guyana (CMC) – ExxonMobil says it has begun drilling one of the two wells, known as the Haimara-1, located 19 miles east of the Pluma-1 discovery in the south-east Stabroek Block. Read More

German growth slows to 1.5% in 2018

Wednesday, January, 16 2019    

FRANKFURT, Germany (AFP) — Growth in the German economy fell to 1.5 per cent in 2018, official data showed yesterday, representing a marked slowdown from the previous year's figure. Read More

Zimbabwe crackdown tightens over protests, three dead

Wednesday, January, 16 2019    

HARARE, Zimbabwe (AFP) — Three people have been shot dead and many injured, Zimbabwe's main Opposition party said yesterday, as security forces crack down on protests triggered by a sharp, sudden rise in fuel prices. Read More

Zimbabwe to re-introduce local currency within a year — minister

Wednesday, January, 16 2019    

HARAARE, Zimbabwe (AFP) — Zimbabwe will reintroduce a local currency “in less than 12 months”, after using the US dollar and regional currencies since a hyperinflation crisis a decade ago, the finance minister said in an interview published on... Read More

8 years on, Tunisians say revolt gave them 'freedom' but not 'dignity'

Wednesday, January, 16 2019    

DOUAR HICHER, Tunisia (AFP) — Young Tunisians say the revolution they staged eight years ago to oust their longtime dictator has failed to restore their “dignity” and ease the North African country's economic woes. Read More

China's US trade surplus hit record in 2018 but tariffs bite

Tuesday, January, 15 2019    

Beijing, China (AFP) — China's trade surplus with the United States hit a record high last year but the country's imports and exports fell in December as the long-running trade war begins to bite in the world's number two economy, data showed... Read More

Newmont buys Goldcorp to create world's top gold company

Tuesday, January, 15 2019    

New York , United States (AFP) — US gold miner Newmont Mining Corporation said in a statement yesterday it was buying Canadian rival Goldcorp Inc for US$10 billion, creating the world's largest gold-mining company. Read More

Pound hits seven-week high on eve of vital Brexit vote

Tuesday, January, 15 2019    

London , United Kingdom (AFP) — The British pound yesterday hit a seven-week high against the dollar as UK Prime Minister Theresa May delivered an upbeat speech on the eve of a key Brexit vote which she is expected to lose, dealers said. Read More

US$189-m power plant on track for

Monday, January, 14 2019    

MANAGING director of JAMALCO, Austin Mooney, says construction of the bauxite/alumina company's US$189-million gas-fired cogeneration power plant by New Fortress Energy (NFE) is on track for completion by February 2020. Read More

B'dos Gov't puts temporary freeze on borrowing

Monday, January, 14 2019    

BRIDGETOWN, Barbados (CMC) — The Barbados Government has put a temporary freeze on borrowing, even as it reported an improvement in the island's economic position. Read More

Montague: Mining an important player in the economy

Monday, January, 14 2019    

TRANSPORT and Mining Minister Robert Montague says that mining continues to play an important role in the country's economic growth and development. Read More

New app gives throat cancer patients their voice back

Monday, January, 14 2019    

PRAGUE, Czech Republic (AFP) — Vlastimil Gular's life took an unwelcome turn a year ago: Minor surgery on his vocal cords revealed throat cancer, which led to the loss of his larynx and with it, his voice. Read More

Evan Williams builds and launches R Hotel in Kingston

BY AL EDWARDS Observer writer | Sunday, January, 13 2019    

Leading local architect Evan Williams has completed his 10-year odyssey to build an extended-stay hotel. Read More



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