Caribbean Banking

Royal Caribbean Cruises (NYSE:RCL - Get Noted) had its target price reduced by equity analysts at Credit Suisse Group from $135.00 to $117.00 in a research note released on Friday, Benzinga reports. The company currently has an…

People take part in a rally against the U.S. embargo in Havana, Cuba, Aug. 5, 2021. (Photo by Joaquin Hernandez/Xinhua)In just seven months, “between August 2021 and February 2022, the US blockade caused $2 million in losses,” said Gisleidy…

HE Lilian Chatterjee and Foreign Minister Alva Baptiste. In recognition of the 50th observation of Canada's bilateral relations and friendship with Saint Lucia, the Embassy of Canada states that it is keen to strengthen its diplomatic…

Jamaican financial group NCB's T&T subsidiary is preparing to launch market making on the Trinidad and…

St Kitts and Nevis: Konris Maynard attends the Caribbean Water and Wastewater Association conference Saint Kitts and Nevis: Minister for Infrastructure and Utilities, Transport, Information and!-->!-->!-->!-->…

Guyanese President Irfaan Ali has said that some of the oil blocks that will be auctioned this year will be reserved for government-to-government partnerships in the future. “As you know, we have blocks that we are going to auction very…

DESPITE the challenges posed by the Covid-19 pandemic, Pan-American Life Insurance Group (PALIG) is expected…

* Emerging market stocks pare losses * Latin American stocks and currencies recover * Mexico's central bank may rise again, minutes say * Chile's central bank signals end of bullish cycle * Minister Colombian finance minister questions rate…

During the release of its concept note on Central Bank Digital Currency (CBDC), also known as “Digital Rupee”, the Reserve Bank of India (RBI) indicated that it will soon begin the limited pilot launch of the digital rupee. in India for…

Shares of Bank of Nova Scotia (TSE:BNS - Get Rating) (NYSE:BNS) received an average recommendation of "Hold" by the sixteen analysts who currently cover the company, reports MarketBeat Ratings. Six equity research analysts rated the stock…

A senior World Bank official says the Caribbean's gross domestic product (GDP) has yet to recover to 2019 levels as the region emerges from one of the regions hardest hit by the coronavirus (COVID) pandemic. -19). "We don't expect that to…

A multi-jurisdictional central bank digital currency (CBDC) pilot project has been deemed “successful” by the Bank for International Settlements (BIS) after a month-long testing phase that facilitated $22 million in cross-border…

In a bid to continue strengthening the foundations of cricket in the country, the Pakistan Cricket Board has entered into a strategic partnership with Faysal Bank. Through this partnership, Faysal Bank will support the…

One of the newest museums in Barbados is the Exchange Interactive Center also known as Exchange Museum Barbados. It is housed in a beautifully restored 18th century building that previously housed Harrison College (1745 to 1871) and a…

The president of the Inter-American Development Bank has attacked his own institution over its investigation into allegations that he had an undisclosed relationship with a senior executive, arguing that an external report had not…

Australian Prime Minister Anthony Albanese has confirmed the country will get a public holiday to mourn the death of Queen Elizabeth II.Queen Elizabeth II died Thursday, September 8 at the age of 96 at Balmoral Castle, after 70 years on the…

All at sea in the BVI Clustered more closely than the Caymans, the British Virgin Islands are another good idea for vacationers who want more than a place in the sun. This "overseas territory" is a cornucopia of Caribbean life, its four…

Down 50 points just five minutes from the end of the Pirate's Cove Billfish tournament, captain Charles Foreman thought his Country Girl team would have to settle for second place.With 85 boats vying for the top prize from August 15-18, it…

The tightening of Cat hedging seen in mid-2022 will continue Brokers prepare clients for rate hikes and tougher T&Cs Reinsurers have withdrawn from the region or withdrawn entirely Capacity for Caribbean cats…

I was born in Jamaica, a small island that is big in spirit. When my parents moved to South London they couldn't bring all the children at once, so I was the last to be sent to join them when I was 11. This means that I spent a lot of…

Download logoFrom September 12-16, 2022, Boost Africa Technical Assistance Facility and AfricaGrow Technical Assistance Facility will host 40 leading fund managers from select African investment funds for an in-person program hosted at Saïd…

Now that we've spent some time reviewing the basic concepts of Marx's critique of political economy, let's move on to Lenin's analysis of imperialism. Towards the end of the 1800s, the internal laws of the movement of capitalism…

London, United Kingdom, September 02, 2022 --(PR.com)-- The Spanish-speaking market for cryptocurrency transactions is growing rapidly. In the Caribbean alone, more than 25.3 million people from the Dominican Republic, Puerto Rico and Cuba…

GraceKennedy reports that it has reached an agreement with the Bank of Nova Scotia to acquire Scotia Insurance Caribbean Limited (SICL). GraceKennedy says the transaction is subject to regulatory approvals and other…

On August 17 and 18, the Ministry of Transport and Mines and the National Road Safety Council of Jamaica, with the support of Movernos Segurosa program co-funded by the Fédération Internationale de l'Automobile (FIA),…

Couteville Business Solutions Plc is an ISO 9001:2015 certified e-commerce consulting and solutions company and the first in its industry to be listed on the Nigerian Stock Exchange (NSE), with equity of over $8 million. The…

Try reading this AI-powered story from Trinity Audio... Above: Derrick Villeneuve, President of Davyn. Photo…

Scotiabank has been named Trinidad and Tobago's Best Consumer Digital Bank in 2022 by Global Finance (New York). This is the second consecutive year that the Bank has received this award.Global Finance's selection criteria included:…

Banco Latinoamericano de Comercio Exterior, SA (NYSE:BLX – Get Rating) and Oxford Bank (OTCMKTS:OXBC – Get Rating) are both small cap finance companies, but which is the better investment? We'll compare the two!-->…

After a prolonged recession, growth returned to Curaçao in 2021 at 4.2%, supported by a strong recovery in tourism. The International Monetary Fund (IMF)!-->!-->…

By Scott B. MacDonald News Americas, NEW YORK, NY, Wednesday. August 17, 2022: The Guyana Stock Exchange (GSE) is small by global standards with a market capitalization of US$2.8 billion. It is also a relative laggard in the stock…

A southwestern Ontario man said he slept on a couch in his realtor's basement, hoping tenants would move out of his house ahead of a Landlord and Tenant Board hearing. Kelvin Edmondson first rented his home in Tillsonburg in August last…

Guyana's Minister of Finance, Dr. Ashni Singh, reaffirmed the government's commitment to ensuring that all citizens can participate in the country's economic transformation. He made the statement while signing a $44 million human capital…

Banks has been confirmed as the official beer final of the Hero Caribbean Premier League (CPL) which will take place in Guyana from September 27-30. 2022 will be the first time the historic CPL Finals will be held in Guyana and Banks Beer…

Central Bank of the Bahamas (CBB) Governor John Rolle says the local economy continues to recover from the contraction imposed by the coronavirus (COVID-19), adding that this reflects the strong rebound in tourism and the support continued…

New OrleansTim Smith was hired by investment bank in New Orleans as president of the commercial real estate…

BUENOS AIRES, Argentina (AP) — The market welcomed Argentina's new Economy Minister Sergio Massa on Thursday with what appeared to be a cautiously optimistic attitude amid questions about how he would meet a key target of reducing the…

Prime Minister Philip J Pierre has said his administration will review the value added tax (VAT) rate following recommendations from Eastern Caribbean Central Bank Governor Timothy Antoine.Last week, Antoine noted that St. Lucia's VAT is…

SISSEROU PARROT is featured on the coat of arms and national flag of Dominica. Photo by AJamesThe Caribbean is said to be home to over 700 species of birds, including 171 species endemic to the region, meaning they are found nowhere else…

Demolition of the old Westinghouse building at 200 E. Fifth St., Mansfield is progressing.The Richland County Land Bank opened 11 bids Friday morning for the estimated $4 million project.After:Lives of service: Relatives remember 3…

President Irfaan Ali and Senior Vice President; President William A. Schreyer; Director, Prosperity and Development Project; and Director of the Americas Program at the Center for Strategic and International Studies (CSIS) in…

Bank of Nova Scotia (NYSE: BNS - Get Rating) and Ohio Valley Banc (NASDAQ: OVBC - Get Rating) are both finance companies, but which is the best investment? We'll compare the two companies based on institutional!-->…

#Miami, Florida, USA, July 20, 2022 – As local economies continue to recover from the effects of the Covid-19 pandemic, a call has been made to develop a roadmap to connect the unconnected in the Caribbean. Delivering the keynote speech…

Prime Minister Andrew Holness (centre) and Flash Motors CEO Xavier Gordon (left) discuss features of the Build Your Dream electric vehicle during the launch of the!-->…

A request for a criminal investigation against the Dutch public development bank FMO has been filed in the Netherlands for alleged complicity in the bloodshed in Honduras. FMO, the acronym for the Netherlands Development Finance…

There are indications that the vaccine hesitancy sparked by the COVID-19 pandemic could result in Barbadian parents choosing not to have their children vaccinated against other diseases in the future. According to the first results of an…

We are used to thinking of money in terms of notes and coins, which most of us keep in our wallets. However, the vast majority of money - 96.3% in Australia - is digital, held by banks and other financial institutions and moved through…

Comment this storyCommentSilver is heading for its greatest reinvention in centuries. Modern technology and even the coronavirus pandemic are pushing consumers away from cash, and with alternative concepts like cryptocurrencies taking…

Thank goodness the city of Toronto never named anything in his honor! This week, a staff report will come to the city's executive committee with details on how Toronto could rename Dundas Street. The idea gained momentum last year after…

India Focus - Stocks Close at Monthly High; Vivo pleads for the lifting of the freezing of bank accounts RIYADH: Indian stocks gained for a third straight week to close at a one-month high on Friday as inflation concerns waned,…

A new report by the Inter-American Development Bank (IDB) and the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) estimates the total cost of the impacts and effects of COVID-19 on the Bahamas at 9, $5…

BUENOS AIRES, Argentina (AP) — The Argentine peso tumbled and stock prices fell on Monday after leftist Silvina Batakis was named economy minister following the surprise resignation of her more moderate predecessor this weekend as the…

AM Best, the world's largest credit rating agency, specializes in the insurance industry. A rating agency assesses credit risk and assigns ratings to individuals, entities and even countries. Local banks, for example, use the…

What happened One of the industries hardest hit by the coronavirus pandemic has also seen a real downturn this week. Following a somber analyst note regarding Carnival (CCL 2.31%) (CUK 2.66%) in particular, the top three…

Lucy Richard The Notting Hill Carnival has been held in the UK for decades, with the first taking place in 1959 at St Pancras Town Hall. It is now a full cultural event taking…

Over the past decade, Venezuela has quickly become a hub for Russian and Chinese cybertech in the Western Hemisphere. In an effort to extend its grip on power, the Maduro regime in Caracas has allowed the country to become a laboratory of…

Even in the best of times, Caribbean consumers face some of the highest energy prices in the world due to their heavy reliance on expensive and volatile fossil fuel imports. Electricity prices in the Caribbean average around $0.25 per kWh,…

Company News day reporter An hour ago Gayle Pazos, Managing Director of Scotiabank TT. Scotiabank courtesy photo - Scotiabank Trinidad and Tobago has been recognized as one of the!-->!-->!-->!-->!-->!-->!-->!-->!-->…

Across the Caribbean, leaders celebrate the influential men in their lives, as well as the blessing of becoming a father and, in a few cases, a grandfather.Former Miss World and Jamaican MP Lisa Hanna remembers her father, Rene, who died 18…

While we love sailing in any type of cabin, there's something magical about sailing in one of Royal Caribbean's spacious and lavish suites. The mix of extra living space, luxury and service offers the best amenities and perks of any cabin…

In case you missed them, here are some of our best articles of the day.Copa Airlines returns to Barbados after two years, marking the resumption of travel from Latin America.The flight landed at Grantley Adams International Airport around…

The pots contain rare earth minerals produced by Lynas from its Mount Weld operations in Western Australia © Melanie Burton/Reuters The US Department of Defense has signed a $120 million…

The United States Agency for International Development (USAID) and the Canadian government have announced multi-million dollar assistance for Latin America and the Caribbean. USAID Administrator Samantha Power announced approximately $331…

Multilateral development finance institutions are urged to do more to help Barbados and other Caribbean countries manage the devastating impact of a range of external challenges. Former Caribbean Development Bank (CDB) President Dr. Warren…

The Bank of Jamaica (BOJ) says it moved quickly to engage in dialogue, both internally and with the wider commercial banking industry, following the recent high-profile social engineering attack that caused customers to lose significant…

Jn week, rumors surfaced that Barcelona's Gerard Piqu had cheated on his longtime partner Shakira, and the two have now announced their separation.According to reports, Piqu has been living alone in an apartment since the singer caught him…

(MENAFN-Caribbean News Global) DOMINICA / UNITED STATES – The World Bank's Board of Directors has approved two loans for Dominica: the Dominica Second Covid-19 Response and Recovery Programmatic…

- Advertising - By Latrishka Thomas A concert and lunch is the next fundraiser for national cyclist Andre Simon's family as they work feverishly to raise enough money to send him to the United States for medical treatment. Simon was…

…

According to the UN's latest report on the World Economic Situation and Prospects (WESP), released on Wednesday. The mid-year forecast reveals how the conflict has disrupted the fragile economic recovery of the COVID-19…

A waiver issued by the US Treasury allowing Russia to continue transferring payments for its foreign bonds despite Western sanctions expired on Wednesday, leaving Moscow to face an unavoidable possible default.Russia made its last payment…

By Sarah Mills LONDON (Reuters) - As Queen Elizabeth celebrates 70 years on the throne, people wonder if the Commonwealth of Nations, which she helped create and which remains one of her proudest achievements, has a future.…

By Dana Malcolm Personal editor #Africa, May 19, 2022 - South Africa is experiencing a massive covid surge with cases jumping 50% in just 24 hours on May 5. 9,757 new cases were reported on the 5th, 3,587 more positives than the 6,170…

By Lisa Richwine LOS ANGELES (Reuters) - Lawyers for Johnny Depp tried to discredit allegations of abuse by Amber Heard during the former couple's libel trial on Tuesday, presenting a knife she gave the star as a gift of…

Developers earn USD from BPO rentals. The Stanley Motta BPO campus in Kingston is shown here. Government and private sector developers have invested in!-->!-->…

If you are aware of any local business openings or closings, please let us know here.Closing of Pedro's Cafe at EmmaüsSV…

Features News day reporter 2 hours ago Yachts at anchor in Pirates Bay during the January 2020 season. -Pat Ganase Research and study are intrinsic to current trends in ecotourism; Is!-->!-->!-->!-->!-->!-->!-->!-->!-->…

Facial recognition software maker Clearview AI has settled a lawsuit brought by the American Civil Liberties Union (ACLU) and will limit access to its facial database in the United States to government agencies rather than a myriad of…

When the Caribbean Renewable Energy Forum (CREF) met for its 14and in Miami, Florida, CIBC FirstCaribbean was recently named the recipient of the award for Best Renewable Energy Financing in the 2022 CREF Industry Awards.The forum returned…

Through essays and photos, more than 4,750 small businesses from across the country shared their compelling stories of resilience in a landscape forever changed by COVID-19 and how they met the unique demands of 2021 through promotion."…