Section
Markets, enterprise, and economic developments.
Lead story
Barbados Light & Power Company Limited (BL&P) has applied for regulatory approval to recover costs from a battery storage installation, potentially resulting in a $41 increase in monthly electricity bills for homeowners. The approval is separate from the previous rate increase decision.
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Zane Maloney, the 20-year-old Red Bull Formula 2 driver, has been named Andretti's Global reserve driver in Formula E, also serving as a development driver for Season 10.
Amazon.com (AMZN.O) is reducing jobs in its Alexa voice assistant unit to align with shifting business priorities and a focus on generative AI. The cuts affect "several hundred" employees, with no specific numbers disclosed.
Barbadian consumers should prepare for increasing shipping delays this Christmas season and beyond due to reduced ship crossings at the Panama Canal and transshipment issues at the Kingston Port in Jamaica. Expect delays of two to four weeks for items depending on their origin.
Management of Grantley Adams International Airport (GAIA) is seeking a new use for the closed Concorde Experience to handle the increasing number of passengers during the homeporting initiative.
