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Category: Business & Economy

Business & Economy

Bankman-Fried charged with paying bribe to China

infojamaica
March 31, 2023

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….

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Business & Economy

US, Japan reach deal on vital minerals for EV batteries

infojamaica
March 31, 2023

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…

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Business & Economy

Binance and founder Changpeng Zhao sued by CFTC

infojamaica
March 31, 2023

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,…

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Business & Economy

Alibaba to split itself into 6 business groups

infojamaica
March 31, 2023

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….

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Business & Economy

Jamaican entrepreneur formalising frozen soups venture in New York

infojamaica
March 31, 2023

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…

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Business & Economy

Digicel moves TT call centre operation to Jamaica, cuts 126 jobs

infojamaica
March 31, 2023

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…

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Business & Economy

Lawsuit seeks to protect Caribbean, Pacific habitats of endangered corals

infojamaica
March 31, 2023

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…

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Business & Economy

TT finance minister says no to devaluation and IMF

infojamaica
March 31, 2023

The Trinidad…

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Business & Economy

Black, Hispanic investors struggle with faith in crypto

infojamaica
March 31, 2023

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…

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