Published 28 November 2018
Buckie Got It, St. Kitts and Nevis News Source
Congolese mother Mamie is receiving help at a Doctors Without Borders hospital in the DRC after she was raped next to her husband’s corpse.
Buckie Got It, St. Kitts and Nevis News Source
Scotiabank to sell operations in nine Caribbean countries, more moves expected
TORONTO — The Bank of Nova Scotia plans to sell its banking operations in nine Caribbean countries and its insurance operations in two other regional markets — and its chief executive expects more international divestments in the pipeline.
Scotiabank said Tuesday it has signed an agreement to sell its banking operations in nine “non-core” markets — including Grenada, St. Maarten and St. Lucia — to Republic Financial Holdings Ltd. for an undisclosed amount.
The bank also said its subsidiaries in Jamaica and Trinidad and Tobago will sell their insurance operations to and partner with Sagicor Financial Corp. Ltd. to provide products and services in the two countries, for an undisclosed amount.
These exits are part of Scotiabank’s broader strategy to “sharpen our focus, increase scale in core geographies and businesses, improve earnings quality and reduce risk to the bank,” said its chief executive Brian Porter.
The bank intends to remain in its core Caribbean markets as well as the Pacific Alliance countries of Peru, Chile, Colombia and Mexico, but there are more divestitures on the horizon, he told analysts on a conference call.
Buckie Got It, St. Kitts and Nevis News Source
Bank of Nova Scotia said Tuesday that it has struck a deal to sell banking businesses in nine of the smaller countries in the Caribbean, such as Antigua and Dominica, as the lender continues to narrow down the number of international markets in which it operates.
The move comes as Scotiabank, which has said larger markets in Latin America are still very much part of its plans, reported that profit from its international unit grew at a greater rate than that of its Canadian business over the past year.
Published 23 November 2018
Buckie Got It, St. Kitts and Nevis News Source
Posted November 15, 2018 at 5:45 PM ET
CDC, public health and regulatory officials in several states, and the U.S. Department of Agriculture’s Food Safety and Inspection Service are investigating a multistate outbreak of Salmonella Newport infections linked to ground beef produced by JBS Tolleson, Inc.
Published 23 November 2018
Buckie Got It, St. Kitts and Nevis News Source
Posted November 20, 2018 at 2:30 PM ET
CDC, public health and regulatory officials in several states, Canada, and the U.S. Food and Drug Administration (FDA) are investigating a multistate outbreak of Shiga toxin-producing Escherichia coli O157:H7 (E. coli O157:H7) infections linked to romaine lettuce.
CDC is advising that U.S. consumers not eat any romaine lettuce, and retailers and restaurants not serve or sell any, until we learn more about the outbreak. This investigation is ongoing and the advice will be updated as more information is available.
