Business
July 25, 2024
CrowdStrike Faces Backlash for Offer of $10 UberEats Vouchers Amid Global IT Outage Chaos
CrowdStrike faces criticism for offering $10 UberEats vouchers as apology for global IT outage affecting 8.5 million computers. Some recipients express dissatisfaction, citing lost man hours and trust. Uber flagged vouchers as fraud.
July 24, 2024
Barbados Light & Power Company Limited (BL&P) Challenges Fair Trading Commission (FTC) in Court Over Rate Increase Decisions
BL&P and FTC head to court in December over rate increase decisions. BL&P seeks to introduce new evidence related to $19 million ADIT gain. Parties await court's decision on the matter.
July 24, 2024
Connect Caribe Ferry Service Set to Launch in Last Quarter of the Year, Creating Jobs and Enhancing Trade Facilitation
Connect Caribe, a private-sector-led ferry service, set to launch operations in the last quarter of the year, aims to create jobs and streamline maritime operations in the Caribbean region.
July 23, 2024
Barbados Youth Congress 2024: Hailee Harding of Graydon Sealy School Wins as Junior Minister of Tourism
Hailee Harding, a student at Graydon Sealy Secondary School, becomes Barbados' new Junior Minister of Tourism 2024-2025 after winning the Barbados Tourism Youth Congress. The event aims to encourage youth participation in the tourism industry.
July 23, 2024
Caribbean Economies Face Climate Change and De-Globalisation Threats, Warns Central Bank Governor
Central Bank governor Dr Kevin Greenidge warns of climate change and de-globalisation as major threats to Caribbean economies. Rising sea levels and protectionist policies impact infrastructure, tourism, and trade.
July 23, 2024
Delta Air Lines Flight Disruptions Prompt Investigation by Department of Transportation
The Department of Transportation launches an investigation into Delta Air Lines' flight disruptions due to a global IT outage. Delta cooperates as teams work to restore operations and assist affected passengers.
July 23, 2024
CrowdStrike's Defective Update Causes Global IT Outage Impacting Fortune 500 Companies - Lessons in Risk Management and Digital Resilience
CrowdStrike's defective software update caused a global IT outage on July 19, 2024, impacting critical sectors and highlighting risks of dependency on major suppliers. CEO George Kurtz emphasized the incident's implications for cybersecurity and risk management.
July 22, 2024
NUPW Deputy General Secretary Highlights Concerns Over Government's Use of Contract Workers Impacting NIS
Deputy General Secretary of NUPW raises concerns over Government's reliance on contract workers, highlighting negative impact on NIS and lack of social security protections for these workers.
July 21, 2024
Caribbean Development Bank Announces Leadership Update; Dr. Hyginus Leon Steps Down as President, Isaac Solomon Appointed Acting President
Caribbean Development Bank announces Dr. Hyginus Leon's departure as President. Isaac Solomon appointed Acting President until new election. Nominations for new President accepted until August 26, 2024.
July 21, 2024
Review of Junior Kadooment in Waterford, St Michael: Mixed Feedback from Vendors Highlights Organizational Improvements Needed
Junior Kadooment in Waterford, St Michael saw mixed feedback from vendors. Some praised organization and new setups, while others called for better advertising and consideration for vendor competition.
July 20, 2024
Barbados Water Authority Faces Default as Customers Struggle with Bill Payments
Barbadians face challenges in paying water bills, leading to increased receivables at the Barbados Water Authority. Senator Dr Shantal Munro-Knight seeks $12.4 million loan for water improvement projects.
July 20, 2024
Ministry of Environment to Collaborate with Fish Processors and Fisherfolk for Sustainable Fishing Industry Development
Fish processors and Ministry officials will meet with fisherfolk to discuss sustainability and development of the fishing sector. Minister Forde emphasized collaboration for the industry's survival and Barbadians' access to fish.