Tag Archives: Business

Powell Focuses on Economic Need at Key Moment in Markets and Politics

The economy is down nearly 10 million jobs since last February, prospects for a rapid recovery — while brighter — remain far from assured, and as Democrats try to move a $1.9 trillion relief package through Congress, Republicans argue that it’s too big and could lead to inflation that would hurt consumers and businesses. Speaking […]

Canada’s small businesses now have $135B in debt due to COVID-19, CFIB estimates – National

As the COVID-19 pandemic drags on, Canadian small businesses have racked up a collective $135 billion in debt because of the health emergency, according to estimates by the Canadian Federation of Independent Business (CFIB). Read more: Anand won’t say whether Canada waived right to sue over vaccine delays The group, which lobbies for small […]

Jessica’s Little Otter Candles – Stabroek News

Little Otter Candles, Jessica Alexander says, has emerged from her love for candles and home fragrances and out of many months of research into candle-making. The transformation of her earliest efforts at production became the genesis of the current enterprise following “an outpouring of positive feedback” from family and friends for whom she had produced […]

When words lead to action that affects employers, workers

Business Diana Mahabir-Wyatt Thursday 18 February 2021 Protesters attend a candlelight vigil outside the Red House, on February 8, to remember Andrea Bharatt, who was kidnapped and killed, and victims of violent crime in a call for changes to laws to make people safer. PHOTO BY AYANNA KINSALE – Do you remember Julie Andrews in […]

Minister tells businesses it is important to register

If Minister of Energy, Small Business and Entrepreneurship Kerrie Symmonds gets his way, all businesses operating in Barbados would at least be registered with the National Insurance Scheme (NIS) and pay contributions. Symmonds said it was necessary that organizations become regularised with the insurance scheme, especially since this would make it easier for them to […]

Boohoo buys Debenhams name and website but all stores and 12,000 jobs lost

ONLINE retailer Boohoo has bought the Debenhams website and brand in a deal that will shut all 118 remaining stores and cut 12,000 jobs. As part of the £55million deal, the troubled department store will relaunch as an online-only operation later this year. 3 Boohoo has bought the Debenhams website and brand in a £55million […]

Tanden’s Confirmation on Shaky Ground as More Senators Voice Opposition

WASHINGTON — Neera Tanden, President Biden’s nominee to head the Office of Management and Budget, suffered a significant setback on Monday as two moderate Republicans said they would not support her nomination, potentially dooming her chances for confirmation. The statements of opposition from Senators Susan Collins of Maine and Mitt Romney of Utah, two Republicans […]

Federal deficit hits $248.2 billion for first nine months of 2020-21 fiscal year

OTTAWA — The federal government ran a deficit of $248.2 billion through the first nine months of its 2020-21 fiscal year as spending soared due to the pandemic. The result for the April-to-December period compared with a deficit of $11 billion in the same period a year earlier. The government says in its fiscal monitor […]

Mocha farmers to stage Producers’ Market on Sunday

Refusing to surrender to the rampaging assault on their livelihoods by the ravages of COVID-19 the members of the Mocha Arcadia Multipurpose Agriculture Cooperative Society are set to stage their second Producers Market Day in two months on Sunday February 21, Chairman of the Society Raeburn Jones told Stabroek Business earlier this week. Hastening to […]

Up Boutique thrift store fights fast fashion

Business Rachael Espinet Thursday 18 February 2021 Alana Ramlal, manager of Up Boutique at Queen’s Park Oval, Port of Spain, shows some of the work clothes available at the boutique. PHOTOS BY AYANNA KINSALE – The fashion industry is the second largest polluter in the world; the oil and energy industry is the first. The […]