Business News Dominican Republic

  • LONDON, Sept 2- Emerging market policymakers slashed interest rates in August, taking their lead from major central banks including the U.S. Federal Reserve and the European Central Bank and joining in efforts to shore up their economies. Some of the August interest rate cuts- like in Mexico and Thailand- took markets by surprise.

  • BRIDGETOWN, Barbados, Aug 27- Tropical Storm Dorian churned toward Puerto Rico and the Dominican Republic on Tuesday and was expected to be close to hurricane strength when it nears the islands on Wednesday. President Donald Trump declared a state of emergency late on Tuesday for Puerto Rico, a U.S. territory that was devastated by Hurricanes Irma and Maria in...

  • BRIDGETOWN, Aug 27- Tropical Storm Dorian churned toward Puerto Rico and the Dominican Republic on Tuesday and was expected to be close to hurricane strength when it nears the islands on Wednesday. In anticipation of the storm, Puerto Rico Governor Wanda Vazquez declared a state of emergency late on Monday for the U.S. territory, which was devastated in...

  • BRIDGETOWN, Barbados, Aug 27- Puerto Rico and the Dominican Republic braced for tropical storm Dorian on Tuesday as it churned west-northwest, with officials cautioning that it could approach hurricane-strength on Wednesday after blowing over Barbados. "Slow strengthening is forecast during the next 48 hours, and Dorian is forecast to be near hurricane...

  • LIMA/NEW YORK, Aug 14- Latin American cocoa could soon demand a minimum price of $3,200 per tonne if a proposal from Peru finds support at a gathering of regional producers on Thursday, one month after their counterparts in West Africa announced a shift in how they price beans. Support for a price floor in Latin America has grown since West Africa's pricing reform,...

  • CNBC's Frank Holland with an update on illicit alcohol sales. Facebook and Instagram are now responding to how alcohol is sold through their platforms after reported deaths in Costa Rica and the Dominican Republic.

  • CNBC's Frank Holland reports on the illicit alcohol market. After resort deaths in the Dominican Republic and Costa Rica were reported, an investigation into illicit alcohol was opened.

  • GENEVA, July 4- The United States and 15 other countries launched a broadside of criticism at the European Union on Thursday, saying its "hazard-based" approach to regulating pesticides and other "critical tools" used by farmers was damaging livelihoods worldwide. Their statement, submitted to the World Trade Organization, said the EU's approach created great...

  • LONDON, July 2- Emerging market central banks accelerated interest rate cuts in June, with policymakers rushing to trim benchmarks as major central banks including the U.S. Federal Reserve and the European Central Bank adopted a more dovish tone. DOMINICAN REPUBLIC- Policymakers cut interest rates by 50 basis points to 5% on June 30. https://bit.ly/2Jg2erB.

  • Tourists rest at Bavaro beach, in Punta Cana, Dominican Republic, on January 16, 2012.

    After a string of mysterious deaths and illnesses, US tourists are rethinking plans to visit the Dominican Republic.

  • The strong dollar means vacation destinations that were once out of reach are now affordable. Travel expert Pauline Frommer has countries you might not have thought of where you can stretch your dollar this summer. Plus, with the headlines coming from the Dominican Republic: Should you still consider or reconsider a trip there?

  • Former designated hitter David Ortiz of the Boston Red Sox is introduced with the World Series trophy during a 2018 World Series championship ring ceremony on April 9, 2019 at Fenway Park in Boston, Massachusetts.

    Former Boston Red Sox slugger David Ortiz was shot in the back at close range Sunday night in his native Dominican Republic, authorities said.

  • WASHINGTON/ CARACAS, May 15- The U.S. Department of Transportation on Wednesday ordered the suspension of all commercial passenger and cargo flights between the United States and Venezuela, citing reports of unrest and violence around airports in the South American country. In a letter to the Transportation Department requesting the halt, the Department of...

  • The Toronto- based company would be interested in copper and gold assets, and also in pure copper if it has a competitive advantage over traditional miners, Chief Executive Mark Bristow said on an analyst call. Barrick said in a statement it sees the "most exciting" growth opportunities in Latin America, where it plans to expand its mines in the Dominican Republic...

  • PARIS, April 30- Shares in telecoms and cable group Altice Europe rose on Tuesday after it disclosed that profits at its main French business improved over the first quarter. Altice France's preliminary adjusted earnings before interest, tax, depreciation and amortization grew 2 percent from a year earlier to 933 million euros, according to a regulatory...

  • President Donald Trump pledged investment in a rare meeting on Friday with five Caribbean leaders who have sided with the United States in backing Venezuelan opposition leader Juan Guaido as head of state, the White House said. Trump met with leaders from the Bahamas, Dominican Republic, Haiti, Jamaica and Saint Lucia at his private club in Palm Beach, Florida.

  • President Donald Trump

    U.S. President Donald Trump will meet on Friday with the leaders of the Bahamas, Dominican Republic, Haiti, Jamaica and Saint Lucia at his Florida resort, the White House said in a statement on Tuesday.

  • An aerial View of Bora Bora, French Polynesia

    Beijing and Taipei are competing for allies in the Pacific Islands, a region rich in natural resources.

  • Bavaro Beach in Punta Cana, Dominican Republic

    Many parts of the Caribbean are cheaper to travel to in summer when several islands go "off peak," compared to fall and winter high-season prices. 

  • President Donald Trump visits the Forbidden City with China's President Xi Jinping in Beijing on November 8, 2017.

    Relations may worsen if a high-ranking U.S. official attends the June 12 launch of the American Institute in Taiwan's new office.