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VW's US boss offers 'sincere apology' to US Congress Volkswagen's US boss has made a "sincere apology" for installing "defeat devices" to cheat emissions tests on its diesel cars.
Samsung says its mobile payments data is safe despite hack Samsung Electronics has said its mobile payment system is safe after a hacking attack against its US-based subsidiary LoopPay.
How Export Competitive is the Caribbean? Bridgetown, Barbados - A new initiative to measure the Export Competitiveness of CARIFORUM is being spearheaded by the Caribbean Export Development Agency (Caribbean Export) it was announced yesterday at the opening of the first workshop on the conceptualisation of an Export Competitiveness Index Model for CARIFORUM.
Volkswagen plays down hopes of quick answers over emissions cheating Volkswagen said on Wednesday it would take time to get to the bottom of its rigging of diesel emissions tests, hours before the carmaker is due to give updates on its findings to German regulators and U.S. lawmakers.
Adam Stewart lauded for winning 'Caribbean hotelier of the year’ Adam Stewart, Chief Executive Officer, Sandals Resorts International, has won the award of Caribbean Hotelier of the Year, in a function at the Caribbean Hospitality Industry Exchange Forum (CHIEF), which took place on the weekend at El Conquistador Resort, a Waldorf Astoria Resort in Puerto Rico.
China cautiously welcomes Trans-Pacific free trade deal China has cautiously welcomed a free trade deal struck between 12 Pacific Rim countries, the biggest in decades.
Facebook data transfers threatened by Safe Harbour ruling A pact that helped the tech giants and others send personal data from the EU to the US has been ruled invalid. The European Court of Justice said that the Safe Harbour agreement did not eliminate the need for local privacy watchdogs to check US firms were taking adequate data protection measures.
IMF cuts forecast for global growth The International Monetary Fund has downgraded its forecast for global economic growth this year.

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