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The Gillette Group headquartered in Trinidad and Tobago and founded in 1983 under the banner of Computers and Controls Ltd., has twenty - two years later, grown beyond the boundaries of Trinidad and Tobago, extending its business interests across the Caribbean region and into North America... more

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Amazon opens line-free grocery store in challenge to supermarkets
Mon, 05 Dec 2016 13:06:26 -0500

A box from Amazon.com is pictured on the porch of a house in GoldenAmazon.com Inc said on Monday it has opened a brick-and-mortar grocery store in Seattle without lines or checkout counters, kicking off new competition with supermarket chains. Amazon Go, the online shopping giant's new 1,800-square-foot (167-square-meter) store, uses sensors to detect what shoppers have picked off the shelf and bills it to their Amazon account if they do not put it back. The store marks Amazon's latest push into groceries, one of the biggest retail categories it has yet to master.


VW's new division takes aim at Uber-style competition
Mon, 05 Dec 2016 12:39:47 -0500

Volkswagen logo is pictured at the newly opened Volkswagen factory in WrzesniaVolkswagen launched a new digital business division on Monday to take on services such as Uber , shifting its focus beyond selling cars to catering for customers who prefer to pay for use rather than own a vehicle. VW will offer on-demand shuttle services next year through the new division, to be called MOIA. "Mid- and long-term MOIA will create the kinds of services that will meet the needs of urban citizens," Ole Harms, head of the new division said on Monday.


Bangladesh to share findings of heist inquiry with Philippines
Mon, 05 Dec 2016 05:58:11 -0500

Commuters pass by the front of the Bangladesh central bank building in DhakaBangladesh will share findings from its investigation into how unidentified hackers pulled off one of the world’s biggest cyber bank heists to help speed up recovery of the stolen funds, its law minister said on Monday. Bangladesh has up to now declined to disclose its findings of an inquiry into how the hackers used stolen Bangladesh Bank credentials to try to transfer nearly $1 billion from its U.S. Federal Reserve account in February. Philippine Finance Secretary Carlos Dominguez, who last week met a Bangladesh delegation led by Minister of Law Anisul Huq, said Manila "strongly recommended" Dhaka share the results of its investigation.


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