FTX founder Sam Bankman-Fried was charged with directing US$40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business in a newly rewritten indictment unsealed Tuesday….
Category: Business & Economy
US, Japan reach deal on vital minerals for EV batteries
Japan and the United States have reached an agreement on trade in critical minerals for electric vehicle batteries, part of an effort to ensure secure supplies of strategically important resources. The deal due…
Binance and founder Changpeng Zhao sued by CFTC
Binance and its founder Changpeng Zhao are being sued by the Commodity Futures Trading Commission for numerous alleged violations of the Commodity Exchange Act, CEA, and CFTC regulations. Binance’s former chief compliance officer,…
Alibaba to split itself into 6 business groups
Alibaba is splitting itself into into six business groups as the Chinese e-commerce company attempts to become more nimble in reacting to changes in the market and increase the value of those units….
Jamaican entrepreneur formalising frozen soups venture in New York
Yummy Jamaican Ventures LLC, a start-up run by Jamaican entrepreneur Heather Elliot-Whitehead, is targeting the frozen soups market in New York. Based in Brooklyn, the family-run operation produces its line of Yummy Jamaican…
Digicel moves TT call centre operation to Jamaica, cuts 126 jobs
Telecommunications provider Digicel announced on Monday that it has transitioned its Trinidad Consumer Contact Centre to a consolidated regional centre in Jamaica, resulting in more than a hundred workers losing their jobs. “As…
Lawsuit seeks to protect Caribbean, Pacific habitats of endangered corals
An environmental group filed a lawsuit on Monday accusing the United States government of failing to protect 12 endangered coral species across the Caribbean and the Pacific Ocean that have been decimated by…
Black, Hispanic investors struggle with faith in crypto
A software developer twice invested his savings in cryptocurrencies, only to lose it all. But he still promotes it to the Black community and would like to get back in himself. A recent…
