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Mandatory vaccination for private sector businesses with more than 5 employees
The Cabinet agreed that the Public Health Regulations will be amended to mandate that all private sector employers who employ more than five employees will be required to have all staff vaccinated in order for them to continue working. Meantime, The Information Technology Manager at the Sir Lester Bird Medical Centre, Mr. Osbert Josiah, was…
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LIAT to resume services to St. Thomas, U.S Virgin Islands
LIAT will resume services to St. Thomas, U.S Virgin Islands (USVI) in Q4 of 2021. The airline, which has been working to resume services since its restart in November 2020, will add St. Thomas as its tenth destination as it works to reconnect the Caribbean. LIAT has over the last several months been working with…
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Antigua loses major shipping service Crowley
The following changes to our Caribbean islands service are effective Saturday, October 9. These adjustments provide a more reliable sailing schedule between Port Everglades, the U.S. Virgin Islands and the British Virgin Islands, so our customers can plan their shipments effectively. USVI (ST. THOMAS AND ST. CROIX) AND BVI (TORTOLA & VIRGIN GORDA): Sailings will…
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CIBC FirstCaribbean High Street Closed Today due to fuel leak
Please note that our High Street branch is closed today. This has become necessary due to an overnight leak in our standby generator which caused diesel and oil to seep into the building. During this time, you may access your funds at the Old Parham Road branch or the following nearby CIBC FirstCaribbean Instant Tellers.…
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Browne appeals to local banks to acquire CIBC First Caribbean
Prime Minister Gaston Browne urged two local banks to move to acquire the Antigua & Barbuda operations of CIBC First Caribbean International Bank (CIBC FCIB) after a consortium of banks in the Eastern Caribbean Currency Union (ECCU) announced last week that it had entered into a definitive agreement to acquire the branches and banking operations…
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Sandals to make announcement about significant investment in Antigua
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PM Browne urges unions to re-think position on LIAT severance
Antigua and Barbuda Prime Minister Gaston Browne has appealed to Caribbean trade unions to re-think their position regarding the latest offer made to laid-off workers of the cash-strapped regional airline, LIAT. Browne said what is required is the cooperation of the unions, noting that “some union leaders…are making unreasonable demands, making demands in which they…
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Consortium of Banks to acquire the banking operations of CIBC FirstCaribbean in Dominica, Grenada, St. Kitts and Nevis, and St. Vincent and the Grenadines
Today, a Consortium of leading Banks in the Eastern Caribbean Currency Union announced that it has entered into a definitive agreement to acquire the branches and banking operations of CIBC FirstCaribbean in Dominica, Grenada, St. Kitts and Nevis, and St. Vincent and the Grenadines. The agreement executed on 12 October 2021 is subject to regulatory…
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Portion of CDB loan may be reserved for former LIAT workers, but there are conditions
RELATED: CDB approve US$25 million loan to Antigua and Barbuda
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Exxon makes new Guyana discovery, increases resource to 10 billion barrels
OilNOW: ExxonMobil announced on Thursday a new discovery at the Cataback-1 well and increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barrels. Cataback-1 brings the total significant discoveries to more than 20 within the Stabroek Block. The Cataback-1 well encountered 243 feet (74 meters)…
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Moderna crash wipes out $22B in value after Merck’s COVID pill triggers vaccine stock plunge
Shares of Covid-19 vaccine makers collapsed Friday morning after pharmaceutical giant Merck announced it would seek regulatory approval for a first-of-its-kind treatment against the disease, sparking more than $30 billion in losses for a slew of stocks that headed up much of the market’s pandemic rally. Shares of Moderna plunged as much as 15% Friday…