THE competitions watchdog has launched an investigation into the planned £6.8billion Asda takeover by Mohsin and Zuber Issa. The British billionaire petrol station tycoon brothers are co-chief executives of EG Group, a global convenience and forecourts retailer. 2 The competition watchdog has launched an investigation into the planned £6.8billion Asda takeover by Mohsin and Zuber […]
Category Archives: Business
WASHINGTON — Senator Elizabeth Warren, Democrat of Massachusetts, introduced legislation on Monday that would tax the net worth of the wealthiest people in America, a proposal aimed at persuading President Biden and other Democrats to fund sweeping new federal spending programs by taxing the richest Americans. Ms. Warren’s wealth tax would apply a 2 percent […]
TORONTO — When earnings season rolls around, Duncan Fulton spends days preparing for calls with media, analysts and investors, but hardly ever gets a chance to deliver his messages directly to the people who frequent his Tim Hortons coffee shops or Popeyes drive-thrus. That changed in February when the chief operating officer of Restaurant Brands […]
Notwithstanding the challenges occasioned by the advent of COVID-19 during much of 2020, the Guyana Marketing Corporation (GMC) is reporting an increase in the volume of its traditional agricultural exports with coconuts, pumpkin, watermelon, heart of palm, and eddo, leading the way. A release from the state-run agency which has been playing a pivotal support […]
WHEN it comes to the Christmas holidays, not everyone will automatically get Christmas Day or New Year’s day off. Even though the festive period is littered with Bank Holidays, whether or not you’ll have to work is dependent on the terms of your contract. 1 Not everyone automatically gets time off work over the Christmas […]
Dr. Gagnon estimates that as a result of these forces, the dollar was 10 to 20 percent above its expected value in 2019, probably costing hundreds of thousands of manufacturing jobs. Revere Copper Products in Rome, N.Y., which makes copper strip used in automobiles and air-conditioners, has suffered from these changes. In 2000, Revere had […]
The largest and oldest power co-operative in Texas is filing for Chapter 11 bankruptcy protection, citing last month’s winter storm that left millions without power. Brazos Electric Power Cooperative, which serves 16 distribution member co-operatives that cater to more than 1.5 million Texans across 68 counties from the Texas Panhandle to Houston, said Monday that […]
With the United Nations-designated International Year of Fruits & Vegetables (IYFV) now in its second month, Guyana, widely regarded as the regional leader in the agricultural sector, is yet to make public its official programme of activities to mark the country’s participation in what is being celebrated as a global event. On December 15 last […]
BUSINESS owners are being urged to step up preparations for new trading rules with Europe – after almost 90 per cent told a Sun survey they didn’t know how the end of the UK transition period would affect them. As we celebrate a new year on 1 January, we will also exit the EU single […]
A top Federal Reserve official issued a stark warning on Thursday morning: Banks and other lenders need to prepare themselves for the realities of a world racked by climate change, and regulators must play a key role in ensuring that they do. “Climate change is already imposing substantial economic costs and is projected to have […]