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Summit auction rescheduled for today

The auction of the former Knutsford Court Hotel in New Kingston has been rescheduled to June 17 after the original sale date was postponed."The...

UCC seeks US$15m to launch Trelawny ‘smart city, invites six universities as partners

The University of the Commonwealth Caribbean (UCC) aims to raise US$15 million to complete land acquisition for EcoVista, a 283-acre development in Trelawny.The plan...

Fox Corp. to Buy Roku in US$22 Billion Streaming Deal

Fox Corp. has agreed to buy streaming pioneer Roku in a cash-and-stock deal valued at roughly US$22 billion, including debt.Roku will continue to be run...

Wind industry sues US Pentagon over stalled projects putting US$47b at risk

Renewable energy groups are suing the US military because they say national security reviews for new wind farms on private land have been effectively...

SpaceX stock soars in debut and makes Elon Musk a trillionaire

Elon Musk became the world's first trillionaire after shares of his rocket company SpaceX soared in Wall Street's biggest initial public offering of stock.Shares...

What Elon Musk’s Trillion Means in Real Terms

Catapulted by the market debut of his rocket company SpaceX, Elon Musk is now the world's first trillionaire.That level of wealth, all owned by...

IFC finalises US$15-million investment in Caribbean debt fund targeting SME financing

The private-sector financing arm of the World Bank, the International Finance Corporation (IFC) has confirmed plans to invest US$15 million in a regional fund...

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