Major resort group teams with Sagicor to raise $125m!

By: Staff Writer January 12, 20201 Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (“Playa”) today announced the pricing of an underwritten public offering of 35,000,000 of its Ordinary Shares, consisting…

Florida based firm acquires 100% ownership Bermuda Stock Exchange

By: Staff Writer January 12, 2021 The Bermuda Stock Exchange (the Exchange or BSX) today released results for the year ending 31 December 2020, continuing its ongoing history of both product…

Air France to serve all French speaking Caribbean colonies this summer.

By: Staff Writer January 12, 2021 Air France is increasing its service to the French Overseas Departments. This summer, the company will operate flights between the French Caribbean (Pointe-à-Pitre in…

Bahamas oil opponents win court battle, but drilling still continues!

By: Staff Writer January 8, 2021 While Bahamian environmentalists won a court battle, receiving a judicial review on the Bahamas Petroleum Company (BPC) approval to drill for oil, they did…

CBI firm sees increase in last year despite COVID- “People want freedom!”

By: Staff Writer January 7, 2021 Without a doubt, COVID-19 has impacted and shaped the world in which we currently find ourselves. 2020 was a year of uncertainty. With the…

CBI firm sees spike in inquiries for second passport!

By: Staff Writer January 7, 2021 Global Citizenship by Investment (CBI) firm says it “noticed a peak in inquiries about second citizenship,” says St Kitts and Nevis and Dominica top…

Chinese group gobbles up 60% stake in DR FinTech firm- valued at near $1m

By: Staff Writer January 8, 2021 Future FinTech Group Inc. a leading blockchain e-commerce company and a service provider for financial technology headquarted in China, announced it has signed a…

Cuba’s new single currency will bring pain to Cubans warns observer- is the Cuban government “confused” on the objectives?

By: Staff Writer January 5, 2021 Cuba ended its dual currency economy on January 1, but a Cuban trade expert said that there will be “substantial pain” brought on the…

Guyana still on track to topple Venezuela as Latin America’s 2nd largest oil producer

From: The Guyana Petroluem Digest January 5, 2021 Despite Venezuela’s proven oil reserves standing at a whooping 303 billion barrels – the largest in the world – Guyana, its English-speaking…

Shell hails 50% stake in Colombian Oil Company as opportunity!

By: Staff Writer January 1, 2020 Shell hails Ecopetrol 50 percent stake as “opportunity” to bring its technical know-how to Colombia to help build the offshore drilling sector. Cynthia Babski,…

Grenadian opposition calls “vendetta” on government handling of Energy Company shares.

By: Staff Writer January 1, 2020 Grenada opposition party calls the handling of the power company by the government “reckless” fueled by “personal vendettas.” The National Democratic Congress (NDC) in…

WRB forced to drop Grenada power company after court battle- Blames Government!

By: Staff Writer December 29, 2020 The Grenada government’s “unwillingness” to work together to keep Grenlec delivering consistent power to Grenadians has forced the Tampa based power company, WRB, to…