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Goldman Sachs faces big writedown on CEO David Solomon’s ill-fated GreenSky deal

Goldman Sachs is likely to take a large write-down for its 2021 acquisition of fintech lender GreenSky after seeking to unload the business, CNBC has learned. Bids for...

Interest in central bank digital currencies picks up in Latin America and the Caribbean while crypto use varies

By Rina Bhattacharya, Dmitry Vasilyev, and Mauricio Villafuerte Latin America and the Caribbean (LAC) are at the forefront of digital money adoption, offering valuable lessons for the...

Barbados Government Forms Coalition Of Multilateral Banks & Organizations

The Government of Barbados forms a coalition of multilateral banks and organizations to develop resilient infrastructure and to drive new social and nature capital...

Bahamas | Government to improve DRM governance, work with IDB on implementation of the Disaster Risk Management Act

The Government of The Bahamas has agreed to engage in a Programme with the Inter-American Development Bank (IDB) -- the objective of which is...

FTC to argue Microsoft’s deal to buy Activision should be paused

The U.S. Federal Trade Commission on Thursday will argue in federal court for a preliminary injunction to temporarily block Microsoft's acquisition of videogame maker Activision Blizzard,...

Jamaica | Industry Minister Hails JAMPRO’s Export Max Programme

The Jamaica Promotions Corporation (JAMPRO) Export Max Programme is being hailed as a driver of business growth by Minister of Industry, Investment and Commerce,...

Intel restructures manufacturing business

Intel Corp (INTC.O) said on Wednesday its manufacturing business will work like a separate unit and will begin to generate a margin, but gave no clear...

HPE to offer cloud computing service for artificial intelligence

Hewlett Packard Enterprise Co (HPE) (HPE.N) on Tuesday said that it is rolling out a cloud computing service designed to power artificial intelligence systems similar to...

Air Canada Resumes Flights to Trinidad

Tourism Trinidad is pleased to announce that Air Canada will be resuming its air service between Toronto, Canada to Port of Spain, Trinidad. This...

Cisco launches new AI networking chips to compete with Broadcom

Cisco Systems (CSCO.O) on Tuesday launched networking chips for AI supercomputers that would compete with offerings from Broadcom (AVGO.O) and Marvell Technology (MRVL.O). Chips from its SiliconOne series are being...

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