PharmaChem Technologies (PCT), the well-known Bahamian pharmaceutical company specializing in manufacturing components such as HIV antiretrovirals, announced the cessation of operations this week, after two decades of presence in the market. This unexpected closure will affect 140 workers, who will…
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Coinbase could expand its business in Cyprus

Coinbase recently announced the upcoming acquisition of a new company in Europe, specifically in Cyprus, which has a major derivatives trading license on the continent. This significant step was revealed in a post on its official blog,…

Microsoft released Copilot for iOS devices

Microsoft has released its Artificial Intelligence (AI) powered chatbot app, Copilot, now available on iOS devices. Users can now download it from the App Store to interact with it and perform various tasks using natural language. Copilot,…

Texas Oil had its first year in red since 2020

Texas oil dropped almost 11% in value during 2023, marking its first negative year since 2020, when the COVID-19 pandemic erupted. This decline is attributed to volatile factors and, above all, to doubts about the capacity of demand to…

Amazon Prime Video will have commercials

Amazon has informed subscribers of its streaming content platform Amazon Prime Video that from January 29 next year it will include "limited ads" with the movies and series of its service. This confirms what The Wall Street Journal and…

2023 was marked by layoffs in global banking

The major global banks cut their staff by more than 60,000 during the year, making 2023 one of the most redundant fiscal years in the sector since the great global financial crisis, according to data compiled by the Financial Times.…

PDVSA will pay debt to Curaçao refinery

The Venezuelan state oil company PDVSA announced that it will pay the debt with the Curaçao refinery, which it has maintained since 2019, to resume the supply of crude oil to the facilities. Patrick Newton, director of Refineria di Korsou…