Tag Archives: Business

Fixed mortgage rates are on the rise, mortgage brokers warn – National

After hitting record lows this summer, some mortgage brokers are warning that fixed mortgage rates are starting to climb back up — if only a little. Just as the housing market gears up for the traditionally busy spring season, lenders across the country are announcing fixed-rate increases of between 0.1 and 0.2 of a […]

Rich countries scramble to address COVID-19 vaccine-sharing moral dilemma

Shamed, perhaps, by last month’s feral blast by World Health Organization Director General Tedros Adhanom Ghebreyesus over the unequal allocation of COVID-19 vaccinations among rich and poor countries, the leaders of the Group of Seven global economic powerhouses have undertaken to move to immunise the world’s neediest people against the rampaging COVID-19 pandemic by contributing […]

Adding self-employed to national insurance ‘prohibitive’

Business Paula Lindo 3 Days Ago Finance Minister Colm Imbert – Vidya Thurab Finance Minister Colm Imbert said Tuesday that the initial financial cost to government to bring self-employed people into the national insurance system (NIS) would be prohibitive. It was not certain this cost could ever be recovered, he added. Speaking to the Senate, […]

British PM Boris Johnson sets out England’s lockdown exit plan

SOURCE-REUTERS – British Prime Minister Boris Johnson set out a phased plan on Monday to end England’s COVID-19 lockdown, offering a “cautious” approach to try to prevent a return to wholesale restrictions that have hobbled the economy. Johnson, under pressure to allow more freedoms to millions stuck at home and offer hope to shuttered businesses, […]

Caribbean Express coming to Jamaica

The Caribbean Express, a new multi-billion-dollar submarine cable system being rolled out by American telecoms development firm, Ocean Networks Incorporated, is coming to Jamaica. The Caribbean Express project, an 18-fibre pair subsea cable system linking the state of Florida to Panama, which is just being built out, is also being extended to Kingston. In addition […]

Businesses across Britain are keeping things moving under new rules for trade with the EU

SINCE January 1, firms across the UK have been adapting to the new trading rules put in place at the end of the Brexit transition period. Getting ready ahead of time has helped businesses to seize new opportunities and keep things moving. One of those businesses is Control Techniques, based in Powys, which designs and […]

United Airlines will pay US$49 million to settle air mail fraud case

 United Airlines will pay more than US$49 million to avoid criminal prosecution and settle civil charges of defrauding the U.S. Postal Service in the delivery of international mail. The Justice Department said Friday that former employees of United’s cargo division falsified parcel-delivery information between 2012 and 2015. Prosecutors said that as a result, United collected […]

They Were on Equal Footing. Then the Ground Shifted.

“You just got to scrape along and gut it out,” he said. “We’re really struggling to get by.” But in Ms. Arnone’s other field, home appraising, her friends and colleagues are reaping rewards from the booming housing market, where January sales were up 23.7 percent from a year earlier, according to the National Association of […]

 CARICOM shaping plan to revive COVID-ravaged tourism sector

With the economically crucial tourism industries of most member countries of the Caribbean Community (CARICOM) impacted to varying degrees by the coronavirus pandemic, the group is collectively engaged in fashioning a joint tourism policy that seeks to restore the fortunes of a sector without which the region could be confronted with a severe and protracted […]