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Hurricane season brings financial fears in the Caribbean
Posted onGemma HandyBusiness reporter, St Johns, Antigua Getty Images Homes in Barbuda were flattened by 2017’s Hurricane Irma For some Barbudans, thunderstorms still trigger flashbacks of the night in September 2017 when they lost everything they owned to Hurricane Irma’s devastating winds. Eight years on, while memories may be close to hand, home insurance for many…
The shadowy world of abandoned oil tankers
Posted onThese ships, typically oil tankers such as the one Ivan is stuck on, are more often ageing vessels of obscure ownership, unseaworthy, likely uninsured, and operationally hazardous. And they typically sail under flags of convenience or FOCs – the ships are registered in countries with very limited regulatory oversight.
TGI Fridays closes 16 UK stores, with 456 job losses
Posted onJemma CrewBusiness reporter PA Media TGI Fridays has closed 16 of its UK restaurants, putting 456 employees out of work. The American-inspired casual dining chain’s remaining 33 restaurants will continue to operate after the business was sold in a rescue deal. Interpath was appointed as administrator to Liberty Bar and Restaurant group, which managed the…
Paramounts $108bn bid for Warner Bros clears US antitrust hurdle
Posted onUnlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Paramount Skydance’s $108bn bid to gatecrash Netflix’s deal for Warner Bros Discovery has cleared a key US antitrust hurdle, in a signal of support from the Trump administration. The media group, whose bid…
Woman volunteers at Blackpool foodbank that supported her through difficult time
Posted onYunus MullaNorth West, Blackpool BBC Lisa Parkinson has been volunteering for three-and-a-half years for the Big Food Project in Blackpool A woman who began volunteering at a foodbank that “got us through a very difficult time” says it is her way of “giving back”. Lisa Parkinson started working for the Big Food Project in Blackpool…
