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United States to provide funds to assist Venezuelan migrants in Trinidad-Tobago

Venezuela-ProtestersPORT OF SPAIN, Trinidad – The United States says it is providing US$1.6 million to Trinidad and Tobago to assist Venezuelans fleeing the economic and political situation in that South American country. A statement issued...

Caribbean Airlines cancels flights to Venezuela

Caribbean AirlinesPORT OF SPAIN, Trinidad — The State-owned Caribbean Airlines (CAL) Monday said that it had cancelled all flights to Venezuela on Monday following an electricity blackout that has hit the South American country...

Eastern Caribbean Central Bank to issue world’s first Blockchain-based digital

ECCB Governor Timothy Antoine (left) and CEO of Bitt Inc., Rawdon Adams sign the contract to conduct a blockchain-issued Central Bank Digital Currency pilot projectBASSETERRE, St Kitts – The Eastern Caribbean Central Bank (ECCB)...

The challenge of developing health tourism

By David Jessop Health tourism is an enormous and highly competitive global business. Reliable estimates indicate that by 2021 the worldwide health tourism market will reach somewhere between US$46.6bn and US$125bn per annum, and is experiencing...

FMC announces ‘a new look’ for Toronto Caribbean Carnival 2019

By Lincoln DePradineRichard de LimaThe organization that has been overseeing Toronto’s Caribbean carnival for more than a dozen years, has made” a slight change” to its name, although retaining the acronym “FMC’’. The Festival Management...

Emile Spence appointed interim head of JN Bank Canada office

Emile SpenceEmile Spence has assumed leadership of JN Bank’s Canada Representative Office in Toronto, effective February 20. Spence previously worked with the former Jamaica National Building Society (JNBS) for more than 30 years in...
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Why India’s Lower Castes Hold So Much Political Power

India's caste system defines boundaries for everything- family, culture, and opportunity. But while voting in the upcoming national election, all citizens are equal. Bloomberg QuickTake explains how India's lower castes become a force to...
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Why India’s Lower Castes Hold So Much Political Power

India's caste system defines boundaries for everything- family, culture, and opportunity. But while voting in the upcoming national election, all citizens are equal. Bloomberg QuickTake explains how India's lower castes become a force to...

Inside China’s High-Tech Dystopia

In part three of Hello World Shenzhen, Bloomberg Businessweek’s Ashlee Vance heads out into a city where you can't use cash or credit cards, only your smartphone, where AI facial-recognition software instantly spots...

What We Know About China’s Spies

China's main intelligence agency, the Ministry or State Security, has found itself in the spotlight, thanks in part to the political and trade tensions between China and the U.S. Bloomberg QuickTake explains what the...
Benefits of a Business Management System

The Benefits of a Business Management System

Business success relies on long-term business strategies and plans that is a part of a company's overall business management system.  The management system has the function of monitoring processes and ensuring that companies achieve...
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How the Cold War Gave Us GPS

GPS is a network of satellites which allows you to open your phone and know where you are anywhere in the world. We take this service for granted. But it was created by the...
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She’s Building a Robot Companion for Seniors

For decades, we've dreamed of robots that can be our companions. Now, Danielle Ishak is trying to build one. Named ElliQ, this robot is aimed at the elderly who live alone, and it's in...

How China Went From Copying Tech to Defining It

China's technology industry is developing into a serious rival to Silicon Valley, but there are political hurdles ahead. Bloomberg QuickTake explains how China's tech companies went from copycats to cutting edge, and why the...
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How Japan’s Bullet Trains Changed Travel

Today high-speed trains are comparable to air travel in price and door-to-door speed for shorter journeys. But decades ago locomotives faced fierce competition from air planes and private cars. Then came Japan’s bullet trains. Then...

Everything You Need to Know About Buying an Apartment

Wondering whether you should purchase an apartment? It can be confusing, right? We’ve put together this in-depth guide to answer all your questions when it comes to buying your own apartment. H1: Everything You Need...
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Inside Long Island’s Swankiest Shopping Center

In this episode of Invitation Only, Kim Bhasin takes us to Americana Manhasset, a luxury mall on the North Shore of Long Island with a particularly swaggy personal shopping concierge and that old-money clientele.
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The Evolution of the Tennis Racket

This is the story of how a tennis legend's radical invention changed rackets forever.
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How Toyota Changed The Way We Make Things

The Japanese Car Company is a corporate behemoth - but it's done much more than just give us Corollas or Land Cruisers. It's changed the way the world makes products. Here's how. Video by Tom...
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Why China Can’t Hide Its Health Scandals

Chinese consumers are outraged and panicked by revelations that two drugmakers sold ineffective vaccines. Similar healthcare scandals used to be swept under the carpet in China, but not this time. Bloomberg QuickTake explains why...
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Inside the Weirdest Luxury Shop in NYC

Episode Two of Invitation Only takes the viewer inside a curiosity shop in NYC's Upper East Side. The store sells bizarre, expensive stuff for home decoration: taxidermied peacocks, ancient Chinese headdresses, handmade bowls with...
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How War Made Thailand a Tourist Destination

Thailand has long been a world-famous tourist destination. But the tourism industry barely existed in the country before 1960. Its origins were in fact born out of a dark passage of American history. Video by...
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The Hidden Dangers of Home DNA Tests

Consumer DNA tests have taken off in popularity, promising to give you clues to your heritage and health. But after the test is done, who owns your personal genetic data? Bloomberg QuickTake explains why...
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A Visitor’s Guide to San Francisco

San Francisco is booming but its rapid income growth has come at a cost. The city which hosted the free love and hippie movements is now a playground for the Silicon Valley tech crowd....
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How David Beckham Became a Brand

David Beckham was once one of the highest paid soccer players in the world, but his success has extended well beyond the pitch. This is the story of how he made himself into one...
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What to Do in Picturesque Cambridge

Cambridge may be home to one of the world’s most revered universities but there's much more to this historic English town. With the picturesque River Cam running through its centre, Cambridge is as beautiful...
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The Rocket Man Giving SpaceX a Run for Its Money

Peter Beck is the real life rocket man. He loves rockets so much that he started Rocket Lab, a space startup specializing in lightweight, cost-effective commercial launch services. His goal is to make launching...
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This Man Rewrites the Genetic Code of Animals

Aided by recent discoveries, scientists are now manipulating the DNA of all kinds of organisms. Dan Carlson helped develop dairy cattle that never grow horns. His hope: eliminating a painful procedure millions of calves...
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Why Some Germs Are Good For You

By quantity, only about half of the cells in our bodies are human. The rest are microorganisms living on or in you, and science is only now catching up to the many ways they...
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The $800M Robo Taxi That Could Beat Uber

Zoox is on the verge of transforming the entire transportation industry by creating self-driving robots that will become the ride-shares of the future. Read more about Zoox: https://www.bloomberg.com/news/features/2018-07-17/robot-taxi-startup-zoox-has-800-million-and-a-wild-pitch
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Rwanda’s Capital is Attracting Tourists

Rwanda’s capital is rapidly building a reputation as a tourist hot spot. With low crime, spotlessly clean streets and a friendly attitude, Kigali is pulling in travelers who used to only pass through on...
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Elon Musk Hates This Idea. Ali Hajimiri Is Betting on It.

Caltech professor and inventor Ali Hajimiri has a reputation for defying conventional wisdom and turning science fiction into reality. His latest and boldest project to date is wireless power transfer, and it could change...
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The Rise of China’s Tencent Billionaire

Pony Ma is one of the richest people on the planet. He created Tencent, China's tech colossus and one of the ten largest companies in the world. But few signs in his early years...

Singapore’s GIC flags lower long-term returns in tough investment climate

Singapore sovereign wealth fund GIC has trimmed its exposure to developed market equities such as U.S. stocks over the past year on high valuations, and cautioned it expects lower long-term returns in an uncertain investment climate.

A decade on, pre-crisis mortgages linger for big banks, homeowners

A decade on big U.S. banks are still running down and selling off crisis-era mortgages, a process executives point to as weighing on loan growth.

Brexit white paper: Here’s what you need to know

The Brexit white paper on the UK's future relationship with the EU is one of the most controversial government documents in recent history.

Thomas Cook tours City to find new chairman

Thomas Cook has kicked off a search for a successor to the chairman who helped steer it back from the brink of financial collapse but also oversaw the public relations disaster of its response to the deaths of two children in its care.

City takes a swipe at Brexit white paper

How employers and business groups have reacted to the publication of the government's Brexit white paper:

Sovereignty, immigration, money: What plan means

Two years on from the vote to leave the European Union and the government has finally set out its Brexit blueprint.

Online retailer ASOS drops 11% on warning

ASOS, the online fashion retailer popular among 20-somethings, has warned its full-year sales growth will be at the "lower end" of expectations.

21st Century Fox bid for Sky gets govt approval

The culture secretary has approved the proposed takeover of Sky by 21st Century Fox - as a bidding war with rival Comcast intensifies.

Papa John’s chairman resigns over N-word use

The founder of Papa John's Pizza has resigned as the company's chairman after using the N-word on a conference call.

DFS says UK’s heatwave is behind falling earnings

DFS Furniture has warned that the UK's heatwave has hit its bottom line, with full-year earnings for 2018 expected to be lower than 2017.

Ryanair cancels flights as pilots strike

Low-cost airline Ryanair has cancelled 30 flights on Thursday after talks with pilots ended without an agreement.

Chipmaker Broadcom inks $19 billion deal to buy software company CA

Broadcom Inc announced a $18.9 billion deal to buy U.S. business software company CA Inc on Wednesday, venturing far beyond its realm of semiconductors and testing investors' confidence in its Chief Executive Hock Tan's dealmaking credentials.

Comcast increases Sky offer to £14.75 per share

US media giant Comcast has raised its offer to buy Sky to £14.75 per share - just hours after 21st Century Fox increased its own offer to £14.

Comcast raises bid for Sky to $34 billion, tops Fox’s offer

Comcast Corp on Wednesday raised its offer for Britain's Sky in a deal valuing the pay-TV group at $34 billion, topping a raised bid of $32.5 billion from Rupert Murdoch's Twenty-First Century Fox .

Baptism of fire as Raab presents Brexit blueprint

New Brexit secretary Dominic Raab faces a baptism of fire as he presents a government blueprint on Theresa May's Chequers deal to MPs in the Commons.

New Brexit secretary faces baptism of fire

New Brexit secretary Dominic Raab faces a baptism of fire as he presents a government blueprint on Theresa May's Chequers deal to MPs in the Commons.

Amid trade war, U.S. fund investors find little safe haven in gold

The fact that investors are siphoning money out of stocks is not helping gold, with the safe-haven asset suffering as people wary of a global trade war flock to the U.S. dollar.

May hopes for trade boost from Trump visit

The UK will remain the strongest of US allies after Brexit, Theresa May has pledged as she prepares to host Donald Trump on his controversial visit to the UK.
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This Smart Gun Could Save Lives

Guns kill more than 30,000 Americans every year, far more than in any other developed country. While lawmakers and activists battle it out over legislative solutions, some are trying a different approach: integrating smart...

Daily Mail plots bid for The Week magazine

The Daily Mail's owner has tabled a bid to buy the current affairs magazine The Week amid a hotly contested battle to break up the media group behind Viz.

Calls grow for independent internet regulation

Amid data protection breaches, automation fears and social media harassment, calls are growing in Westminster for new independent internet regulations.

Wetherspoons boss attacks PM’s Brexit plan

Tim Martin, founder and chairman of pub chain JD Wetherspoon, has attacked Theresa May's plans for leaving the European Union.

21st Century Fox ups bid for Sky to £14 a share

Sky plc, the owner of Sky News, today agreed to a takeover by 21st Century Fox, the US entertainment giant, valuing it at £24.5bn.

Everyday items hit in US tariffs on Chinese goods

The Trump administration is threatening to impose fresh tariffs on another $200bn (£150bn) of Chinese goods - with Beijing branding the plans as "totally unacceptable".

U.S. says to slap tariffs on extra $200 billion of Chinese imports

The Trump administration raised the stakes in its trade war with China on Tuesday, saying it would slap 10 percent tariffs on an extra $200 billion worth of Chinese imports.

Pfizer delays drug price hikes after talking with Trump

Pfizer Inc said on Tuesday it was deferring drug price increases for no more than six months after the company's chief executive officer had an extensive conversation with U.S. President Donald Trump.

Oil falls after U.S. softens stance on Iranian sanction waivers

Oil prices fell on Wednesday, with Brent dropping by more than $1, after the United States said it would consider requests for waivers from sanctions due to snap back into place on Iranian crude exports.

Stocks slip, yen rises as U.S. raises stakes in trade conflict

Asian stocks retreated and perceived safe havens such as the yen and U.S. Treasuries rose on Wednesday after the United States said it would impose tariffs on an extra 200 billion worth of Chinese imports, sharply escalating the trade war between the world's two biggest economies.

Dow Jones futures extend fall, down one percent in Asian trade

U.S. stock futures extended their losses on Wednesday after Washington announced a plan to slap tariffs on an extra $200 billion of imports from China, sharply escalating a trade war between the world's two biggest economies.

Facebook, worth £445bn, fined £500k for data breach

Facebook is to be hit with the maximum £500,000 ($663,000) fine over data protection breaches related to the Cambridge Analytica scandal.

Yen gains, Aussie hit as U.S. announces $200 billion China tariff list

The dollar fell from seven-week highs against the yen and the Australian dollar stumbled after Washington announced a plan to slap tariffs on $200 billion of imports from China, escalating tensions between the world's two biggest economies.

Offshore yuan falls more than 0.5 percent after U.S. announces new tariffs

The offshore yuan fell more than 0.5 percent in early trade on Wednesday after Washington announced a plan to slap tariffs on $200 billion of imports from China, escalating tensions between the world's two biggest economies.

British regulator to fine Facebook over data protection breaches

Britain's information regulator said on Wednesday she intends to fine Facebook for breaches of data protection law as her office investigates how millions of users' data was improperly accessed by consultancy Cambridge Analytica.

S&P 500 posts highest close since February; futures fall late on tariff fears

The S&P 500 rose on Tuesday to post its highest closing level since Feb. 1, the day before the market began a sharp extended selloff, as strong results from PepsiCo boosted optimism about the earnings season.

U.S. may list tariffs on $200 billion more Chinese products: official

U.S. President Donald Trump is likely to publish this week a list of $200 billion in additional Chinese products to be hit with tariffs, possibly as early as later on Tuesday, an administration official said.

Daimler, Bosch to deploy self-driving taxis in California test program

German automaker Daimler AG and auto supplier Bosch Corp [ROBSCJ.UL] will deploy self-driving taxis in California's Silicon Valley region next year as part of a test program of vehicles designed for city driving, the two companies said on Tuesday.

S&P 500 posts highest close since February 1; futures fall late

The S&P 500 rose on Tuesday to post its highest closing level since Feb. 1, the day before the market began a sharp extended selloff, as strong results from PepsiCo boosted optimism about the earnings season.

Boeing’s first-half deliveries up seven percent, orders surge past Airbus

Boeing Co's first-half aircraft deliveries rose more than 7 percent, lifted by demand for its bestselling 737 jetliners as airlines seek more fuel-efficient planes, and orders were more than double those of European rival Airbus SE .

Raytheon, Lockheed, Northrop Grumman win $4.1 billion U.S. defense contract

Raytheon Co , Lockheed Martin Corp and Northrop Grumman Corp are each being awarded a multiple award U.S. defense contract worth a maximum $4.1 billion for ballistic missile defense, the Pentagon said on Tuesday.

Ex-Apple worker charged with stealing self-driving car trade secrets

U.S. authorities on Monday charged a former Apple Inc employee with theft of trade secrets, alleging that the person downloaded a secret blueprint related to a self-driving car to a personal laptop and later trying to flee the country, according to a criminal complaint filed in federal court.

Oil rises on supply disruptions, large U.S. crude stock drawdown

Oil rose on Tuesday, supported by a larger-than expected U.S. stock draw and supply concerns in Norway and Libya, though gains were tempered by the United States' indication that it would consider requests for waivers from Iranian oil sanctions.

Airbus wins JetBlue order for its newly rebranded A220

Airbus SE scored a key victory on Tuesday, with U.S. airline JetBlue announcing it would buy 60 of its A220-300 narrowbody jets, the first major order for the planemaker's newly rebranded program as its battle with rival Boeing Co intensifies.

Wilshire Funds Management alternative asset group loses more executives

Two managing directors overseeing alternative investments at Wilshire Funds Management quit the firm in June, a person familiar with the matter said on Tuesday, as employees appeared increasingly...

SEC charges ex-Heartland Payment CEO with insider trading

The U.S. Securities and Exchange Commission on Tuesday charged the former chief executive of Heartland Payment Systems Inc with insider trading for tipping his longtime romantic partner about the payment processor's $4.3 billion takeover by Global Payments Inc .

U.S. judge allows lawsuits over Monsanto’s Roundup to proceed to trial

A federal U.S. judge on Tuesday allowed hundreds of lawsuits alleging that Monsanto Co's glyphosate-containing weed-killer Roundup causes cancer to proceed to trial, finding that there was sufficient evidence for a jury to hear the cases.

Dow, S&P 500 extend recent gains; PepsiCo a boost

The Dow and S&P 500 rose on Tuesday, extending recent gains as strong results from PepsiCo boosted optimism about the earnings season, while the Nasdaq was flat

U.S. stocks rise on earnings optimism, dollar gains

The S&P 500 stock index hit a four-month high on Tuesday, boosted by higher oil prices and expectations for strong earnings, while the U.S. dollar rose against the safe-haven Japanese yen as investors bought riskier assets.

RSA’s Martin Scicluna lined up to chair Sainsbury’s: Sky News

Sainsbury's , the British supermarket group that is merging with rival Asda, has lined up Martin Scicluna as the successor to chairman David Tyler, Sky News reported on Tuesday.

Raab’s first job – building bridges with business

The leaders of Britain's biggest business groups have met new Brexit Secretary Dominic Raab, telling him that time is running out for a deal to be agreed with the European Union.

Oil mixed on supply disruptions; chance of Iran sanctions waivers

Oil prices were mixed on Tuesday, as price gains on supply concerns in Norway and Libya were tempered by the United States' indication that it would consider requests for waivers from Iranian oil sanctions.

Bike-share schemes battle for Paris turf, but it’s not all free-wheeling

Grabbing a bicycle from a docking station and riding the streets of Paris used to be one of the city's many charms, but the once-loved Velib system has fallen into disarray and some new dockless bike-share schemes are struggling to survive.

Boeing says first-half orders soar past Airbus

Boeing Co's first-half aircraft orders were more than double those of Airbus SE , while its jetliner deliveries rose 7.4 percent from the year-ago period.

Sainsbury’s taps Scicluna as Asda merger looms

The City grandee who leads RSA, the FTSE-100 insurer, is being lined up as the next chairman of J Sainsbury, as it tries to steer through a £15bn merger with Asda to create Britain’s biggest food retailer.

U.S. job quits rate hits 17-year high; labor market tightening

More American workers voluntarily quit their jobs in May, government data showed on Tuesday, a sign of confidence in the labor market that economists say will soon boost wage growth.

Oil pares gains on Norway, Libya supply disruptions

Oil prices rose on Tuesday on growing supply disruptions in Norway and Libya, but gains were pared after the United States said it would consider requests for waivers from Iranian oil sanctions.

Air France-KLM CEO hunt signals industry strategy shift under Macron

The hunt for a new chief executive to lead Air France-KLM, a group hobbled by union resistance to cost-cutting at its French brand, is testing President Emmanuel Macron's resolve for a lighter state touch on the economy.

Pepsi, oil drive S&P 500 to four-month high

U.S. stocks rose on Tuesday, with the S&P 500 hitting a four-month high, as energy companies got a lift from firming oil prices and strong results from PepsiCo signaled a flying start to the second-quarter earnings season.

U.S. stocks rise on oil, strong earnings as dollar gains

The S&P 500 stock index hit a four-month high on Tuesday, boosted by higher oil prices and strong earnings, while the U.S. dollar rose against the safe-haven Japanese yen as investors bought riskier assets.

PepsiCo beverage sales signal gradual recovery, shares rise

PepsiCo Inc's better-than-expected quarterly results on Tuesday pointed to signs of a gradual recovery in its struggling soda business as the company doubled down on efforts to promote colas, setting shares up for their best day in seven years.

Boeing first-half orders more than double that of Airbus

Boeing Co booked more than twice as many aircraft than rival Airbus SE in the six months ended June, and the planemaker said that deliveries rose more than 7 percent.

Morgan Stanley’s Pick promoted to head of institutional securities: memo

Morgan Stanley has promoted Ted Pick to head of its institutional securities business as part of a broader executive shuffle, according to a memo seen by Reuters on Tuesday, the most recent elevation...

SEC accuses ex-Heartland Payment CEO of insider trading

The U.S. Securities and Exchange Commission on Tuesday charged the former chief executive of Heartland Payment Systems Inc and his romantic partner with insider trading ahead of the payment processor's $4.3 billion takeover by Global Payments Inc .

Tesla goes big in China with Shanghai plant

Tesla Inc Chief Executive Officer Elon Musk on Tuesday landed a deal with Chinese authorities to build a new auto plant in Shanghai, its first factory outside the United States, that would double the size of the electric car maker's global manufacturing.

S&P hits four-month high on oil, Pepsi boost

U.S. stocks rose on Tuesday, with the S&P 500 hitting a four-month high, boosted by higher oil prices and strong results from PepsiCo.

Airbus renames Canadian jet as A220, seen near U.S. deal

Airbus gave its newly acquired Canadian CSeries jet a new name and looked close to winning an inaugural order on Tuesday as it prepares to broaden its battle with Boeing for jet sales.

Success with Snap helps venture firm Lightspeed raise $1.8 billion for new funds

Venture capital firm Lightspeed Venture Partners has raised $1.8 billion to invest in startups from cryptocurrency to beauty supplies, hoping to build on its streak of lucrative bets in companies such as Snap Inc , the firm's partners told Reuters.

BlueMountain hires four portfolio managers to build out relative-value focus

BlueMountain Capital Management on Tuesday said it hired four portfolio managers to build out the hedge fund's new fixed-income strategy focused on relative-value investments in G7 government bonds,...

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