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BRIDGETOWN, Barbados CMC – The Trinidad and Tobago conglomerate, ANSA McAL, has increased its offer to shareholders for control of Barbados’ largest beverage company, Banks Holdings Limited (BHL). In a statement, ANSA McAL, which is in a bidding war with ...

GEORGETOWN, Guyana CMC – The Guyana government says, it will hold discussions with bankers here, with a view to implementing legislation that would help their customers recover their deposits should the financial institution collapse. “Our government proposes to discuss with ...

ST. MICHAEL, Barbados — Dr. Warren Smith has been re-elected to a second five-year term, as President of the Caribbean Development Bank (CDB). The Board of Governors of the CDB, representing the 27- member countries of the regional multilateral financial ...

NEW YORK, New York (CMC) – Liberty Global Plc, the largest international cable company active in 14 countries, including 12 in Europe, has agreed to buy Cable & Wireless Communications Plc for £3.5 billion (US$5.3 billion), Bloomberg News reported Monday. ...

ST. GEORGE’S, Grenada (CMC) – The Grenada government Tuesday announced that it has formally closed its debt exchange offer exchanging its United States (US) and Eastern Caribbean (EC) dollar bonds due in 2025. A brief government statement said “tenders representing ...

PORT OF SPAIN, Trinidad (CMC) – The Central Bank of Trinidad and Tobago (CBTT) says, it has engaged the US-based international management consulting firm, Oliver Wyman, as an advisor to assist with the sale of CLICO’s traditional insurance portfolio. The ...

GEORGE’S, Grenada (CMC) – Senior officials from Caribbean trade union and employer organizations have reached agreement on the establishment of bipartite forums in individual Caribbean Community (CARICOM) countries. In a joint statement following a meeting here, earlier this week, President ...

Photo above: A successful, confident woman, in the foreground, upstages her peers in the background. Photo credit: © Can Stock Photo Inc. — Leaf. When you let women be women in the business world, they do better. That’s according to ...

By S. Kulkami and Raghav Gaiha PHILADELPHIA AND BOSTON (IPS) — Mohammad Yunus, the founder of Grameen Bank in Bangladesh, transformed the lives of millions of poor women through unsecured micro loans or micro credit to self-help groups. Microcredit evolved ...

CASTRIES, St. Lucia CMC – The St. Lucia-based Eastern Caribbean Telecommunications Authority (ECTEL) says, it has written to the Irish-owned telecommunications company, Digicel, warning against plans to implement its ad control technology. The letter comes in response to a September ...